CertAsig was established in 2003 and since December 2007 has been majority-owned by Royalton Capital Investors II, a private equity fund focusing on investment in Central and Eastern European countries. RCI II limited liability partners’ includes Alpha Associates, European Bank for Reconstruction and Development (EBRD) and European Investment Fund (EIF).
CertAsig is a solid non-life insurance company, primarily selling to corporate and SME clients through brokers, providing insurance solutions unavailable elsewhere in the Romanian, Turkish, Czech and Bulgarian markets by innovative and profitable underwriting. CertAsig differentiates itself from competitors by offering brokers fast response time to offer-requests and efficient claims service.
Core insurance products offered:
Romania
• Engineering / Contractors’ All Risks (CAR)
• Bond Insurance
• Custom Bonds
• Commercial Property Insurance
• Commercial Liability, including General Third Party
• Professional Indemnity
• Cyber risk insurance
• Marine Insurance - Hull & Machinery
• General Aviation, including Drone Insurance
• Cargo & Goods in transit – by land, sea or air
• Group Travel Health and Personal Accident
• Valuable goods insurance (cash in transit and in safe)
• Electronic Equipment insurance
• Forest insurance
• Event Insurance
Turkey, Black Sea & Eastern Mediterranean
• Marine Hull
• Cargo – by land, sea or air
• Drone Insurance
Bulgaria
• Contractors’ All Risks (CAR)
• Bond Insurance
• Custom Bonds
• Commercial Property Insurance
• Commercial Liability, including General Third Party
• Cyber risk insurance
• Professional Indemnity
• Event Insurance
• Cargo – by land, sea or air
• Drone Insurance
• Marine insurance - Hull
Czech Republic
• Commercial Liability
• Professional Indemnity
• D&O
• Cyber risk insurance
• Bond Insurance
• Custom Bonds
• Commercial Property Insurance incl. machinery breakdown & electronic equipment insurance
• Contractors’ All Risks (CAR/EAR)
• Cargo & Goods in transit incl. cash in transit
• Marine Insurance - Hull
• Drone Insurance
• Event Insurance
CertAsig’s policies are secured by a first-class panel of reinsurers, including: Lloyd’s Syndicates, Hannover Re, Sirius, Trust Re, Partner Re, XL Catlin, Swiss Re, Axis Re, Polish Re, as well as other reinsurers rated A- or better