Transilvania Broker de Asigurare SA

Transilvania Broker de Asigurare SA

BBVB:TBK
15.90
RON
-0.35
(-2.15%)
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

Full Time Employees
40
Sector
Finance
Industry
Insurance brokers/Services
Address
Bistrita Romania
IPO Date
Nov 2, 2017
Business
Transilvania Broker de Asigurare SA is a Romania-based insurance brokerage company that provides insurance intermediation, risk advisory, and policy management services to individual and corporate clients. Founded in 2006 and headquartered in Bistrița, Romania, the company operates across the domestic market through an extensive nationwide network of franchise partners, commercial agencies, and digital distribution platforms. Transilvania Broker de Asigurare SA distributes a comprehensive portfolio of general and life insurance products, categorized into: mandatory motor third-party liability insurance (RCA); voluntary motor vehicle hull and collision coverage (CASCO); residential and commercial property insurance, including mandatory catastrophe insurance (PAD) and comprehensive fire and allied perils policies; individual and group health insurance; term and whole life insurance; domestic and international travel medical insurance; general civil liability, employer liability, and professional indemnity insurance; agricultural, livestock, and crop insurance; freight, marine cargo, and carrier liability insurance (CMR); as well as financial loss, credit, and surety guarantee bonds. In addition to policy intermediation, the company offers risk assessment, portfolio management consulting, and claims handling assistance services. In recent developments, Transilvania Broker de Asigurare SA has accelerated its digital transformation initiatives by upgrading its proprietary online policy issuance software, enhancing client self-service web portals, and deploying integrated digital management tools for its broker-partner network to streamline underwriting and policy renewals. The company has also pursued strategic portfolio diversification to expand its commercial footprint beyond traditional motor lines by increasing penetration in corporate health, life, specialized liability, and agricultural insurance segments. Furthermore, Transilvania Broker de Asigurare SA continues to scale its national distribution reach through the expansion of its franchise partner network and has strengthened collaborative underwriting alliances with leading domestic and international insurance carriers operating in the Romanian insurance market.