At the end of 2019, Gothaer Asigurari Reasigurari's portfolio amounted to gross written premiums of 90 million lei and 50,000 contracts of individuals and companies.
Allianz-Tiriac Asigurari and Gothaer Asigurari Reasigurari will continue to operate independently until all the necessary approvals are obtained. Once the acquisition is completed, Allianz-Tiriac will integrate Gothaer Asigurari Reasigurari in its business, taking over portfolio and employees.
Allianz-Tiriac will offer Gothaer Asigurari Reasigurari employees the opportunity to develop within a top company on the local market, part of the most valuable insurance brand in the world – Allianz. We are confident that the valuable and talented employees within Gothaer Asigurari Reasigurari will find in Allianz-Tiriac the right place to reach their professional potential.
Until the completion of the transaction, Gothaer Asigurari Reasigurari customers will use the same contact details to request information on insurance products and services, to pay premiums, notify claims or access medical partners’ services.
Once the transaction is completed, we guarantee Gothaer Asigurari Reasigurari 's clients and partners access to Allianz-Tiriac's prompt and quality services and we assure them of our openness for an excellent collaboration.
In this transaction, Allianz-Tiriac was assisted by Schoenherr & Asociatii SCA law firm, while PwC was the consultant in the due diligence process. Gothaer Group was assisted by the law firm Hogan Lovells LLP.