ADVANTAGES
of using
a surety bond
- An alternative to the letter of guarantee issued by bank
- Effective management of company’s financial resources and cash flow
- Reduction of costs generated by the policy underwriting
- Rapidity in assessing the financial analysis of the applicant company and in underwriting the surety bond
- Flexibility in negotiating the costs incurred by the issuance of the counter-guarantees, depending on the creditworthiness of the applicant company or/and of its group
- Possibility to use the surety bonds in Romania and in the UE countries in which the insurer is authorized
- Increase in the company’s capacity to take part in a bigger number of public tender procedures in the same time
AUTHORIZATIONS
ONIX ASIGURĂRI S.A. was authorized by the Financial Supervisory Authority (FSA) under number RA-031/10.04.2003
The general insurance classes for which the company is authorised:
| A.1. |
Accidents, including industrial injury and occupational diseases |
| A.3. |
Land vehicles, other than railway rolling stock |
| A.7. |
Goods in transit, irrespective of the form of transport |
| A.8. |
Fire and natural forces, covering all damage or loss of property, other than property included in Classes A3 through A7 |
| A.9. |
Other damage or loss of property other than property included in Classes A3 through A7 |
| A.10. |
Motor vehicle liability, the use of motor vehicles operating on the land, including carrier’s liability |
| A.13. |
General liability, other than those referred to in Classes A10 through A12 |
| A.14. |
Credit |
| A.15. |
Suretyship |
| A.16. |
Miscellaneous financial loss |
| A.18. |
Assistance for persons who get into difficulties while travelling, while away from their home or their habitual residence |
PUBLIC INFORMATION
Download annual reports:
Summary of financial statements
IFRS Financial Report
and Report SFCR
