“The antitrust watchdog undertakes to assess the economic concentration operation in terms of its compatibility with the normal competitive environment and to issue a decision under the legal deadlines,” according to representatives of the antitrust body.
Following the transaction, Safety Broker de Asigurare will be jointly controlled by Unilink, Safety Credit and Robert Nita.
Safety Broker management will continue to be ensured by Viorel Vasile – CEO and a founding member. Also, the company’s Board will be made up of three Safety Broker representatives- Viorel Vasile, Robert Nita and Cati Stoican, and two representatives of Unilink, Igor Rusinowski and Aleksandra Friedel.
Safety Broker de Asigurare is the largest insurance distributor in Romania and the Republic of Moldova, with a market share of almost 8% and brokered premiums worth EUR150 million at end-2021.
Safety Broker intermediated insurance premiums of RON531 million in the first nine months of 2021, 29.10% more than in the same period in 2020.
Unilink is the largest insurance brokerage group in Poland and in the region of Central and Eastern Europe (CEE). Unilink aims to create the largest insurance sales platform in the CEE region.