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The Romanian insurance market is one of the fastest-growing in Europe, with a total gross written premium (GWP) of over EUR 5 billion in 2022. The market is dominated by motor insurance, which accounts for over 50% of total GWP. Other major lines of business include non-life insurance (property, health, casualty) and life insurance.
The Romanian government is a major buyer of insurance products and services, with an annual procurement budget of over EUR 100 million. The government procures a wide range of insurance products and services, including motor insurance, liability insurance, property insurance, health insurance, and life insurance.
The main insurance products and services procured by the Romanian government are:
Motor insurance: The Romanian government procures motor insurance for its fleet of vehicles, including cars, trucks, buses, and motorcycles.
Liability insurance: The Romanian government procures liability insurance for its employees and officials, as well as for its properties.
Property insurance: The Romanian government procures property insurance for its buildings, infrastructure, and other assets.
Health insurance: The Romanian government procures health insurance for its employees and their families.
Life insurance: The Romanian government procures life insurance for its employees.
The top authorities for Romania insurance procurement are:
The Ministry of Finance
The Ministry of Public Administration
The National Agency for Public Procurement
The top winners of Romania insurance procurement are:
Allianz-Tiriac
Omniasig
Generali Romania
Groupama Asigurări
Euroins Romania
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