“Focused exclusively on the corporate segment, CertAsig has developed a balanced portfolio of specialized insurance: contractual guarantees, civil liability, maritime insurance, asset insurance and insurance for the engineering sector,” the company said.
CertAsig paid damage claims of EUR4.05 million last year, from EUR6.35 million in 2012, when it paid the largest damage claim in the country on a property insurance policy.
The company targets a 25% increase this year, to EUR15 million.
CertAsig is owned by investment fund Royalton Capital Investors II, whose main investors are Alpha Associates, the European Bank for Reconstruction and Development, and the European Investment Fund.