The foundation of Allianz-Ţiriac Asigurări took place in 1994, with the establishment of Asigurări Ion Ţiriac (ASIT). The company started from scratch and it steadily became one of the leading private insurance brokers. Moreover, the company developed its infrastructure almost exclusively through self-financing, from the creation and diversification of its product range, to the employment of the best specialists the field and the expansion of its regional network. Despite the high costs required to launch a Greenfield-type company, Asigurări Ion Ţiriac generated positive results for its shareholders in record time.
Allianz-Ţiriac provides a wide range of financial protection and planning products and services covering all insurance areas – vehicle insurance, property insurance, liability insurance, life insurance and health insurance – and also the area of private retirement plan administration. A crucial element in its success was the fact that company constantly kept a balance between the pace of development and its financial security. The progressive diversification of the range of products, in order to meet the needs of its clients, and the constant flexibility for the demand trends were strategic elements that played a significant role in the balanced development of the activities conducted by Allianz-Ţiriac.
The company’s insurance portfolio currently has a diversified structure, which includes all types of financial protection and planning products, covering all insurance areas – general insurance, life insurance and health insurance. The company’s main medium and long-term priority is to become a top preference, through the financial planning and coverage services it provides.