What Moldasig does

Moldasig S.A. is the leading insurance company in the Republic of Moldova, providing a comprehensive portfolio of mandatory and voluntary personal lines plus a broad suite of commercial insurance products to individual consumers, business entities, and banking distribution partners throughout the country. Founded in the early 2000s and headquartered in Chișinău, Moldasig sells mandatory auto liability (RCA), international Green Card, CASCO comprehensive vehicle coverage, the SIGUR ACASĂ household and property policy, voluntary travel health insurance (including for citizens temporarily abroad), and more than ten corporate products covering property, cargo, construction and installation, CMR carrier liability, passenger carrier liability, professional liability, aircraft hull and liability, airport liability, and financial risk. The company operates under Moldovan Insurance Activity License CNPF No. 000883 and is classified as a Public Interest Entity with disclosure obligations on the Moldova Stock Exchange, governed by Laws No. 92/2022, No. 106/2022, and No. 414/2006.

The technology stack centers on the moldasig.md website, which supports online quotation and policy issuance across the core personal lines (RCA, Green Card, CASCO, household, travel health), an online claims submission flow segmented by policy type, an agent locator, electronic policy delivery, and digital payments via Moldova-Agroindbank's MAIBPAY gateway using 3D-Secure authentication, with additional payment providers Qiwi-M, BPAY, and MMPS. International travel health claims are supported through a partnership with Nova Assistance for 24/7 medical assistance and repatriation. Front-end customer engagement integrations include JivoChat live chat and Viber messaging, and corporate invoicing runs through Moldova's efactura.sfs.md electronic invoicing system. No AI/ML capabilities are part of the documented technology footprint.

Moldasig distributes products through a hybrid channel architecture: a network of 35+ regional offices across Moldova plus more than 100 unified customer-facing points, an authorized agent network of independent insurance agencies (e.g., ASIG AUTO PLUS, ASIG-URS, CONEXIM-ASIG, FORTASIG), at-home agent visits, dedicated corporate sales for legal entities, bancassurance partnerships with MAIB, Victoriabank, FinComBank, and multiple microfinance and leasing organizations, plus the self-service web channel. Revenue is generated through one-time insurance premiums priced on actuarially determined factors (vehicle type and value, driver profile, coverage limits, trip duration, property attributes), with voluntary health, household, and travel lines payable in full or installments. Following acquisition by Vienna Insurance Group in August 2025, Moldasig operates as a VIG subsidiary, holding approximately 25% market share and maintaining its market-leading position.

Name

Moldasig

Legal name

MOLDASIG S.A.

Website

https://moldasig.md

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Moldasig S.A. is the leading insurance company in Moldova, providing mandatory auto liability, Green Card, CASCO, travel health, property, and corporate insurance through a nationwide network of 35+ offices, authorized agents, bancassurance partners, and an online self-service platform.

Ownership category

akta.pro rank

Product category

General Insurance

NAICS

Direct Insurance (except Life, Health, and Medical) Carriers (52412), Insurance Carriers and Related Activities (524), Direct Health and Medical Insurance Carriers (524114)

SIC

Fire, Marine & Casualty Insurance (6331), Insurance Carriers, Nec (6399), Accident & Health Insurance (6321)

akta.pro primary industry

Large Commercial Package (National Accounts) (FSAJAFAC)

akta.pro secondary industries

Commercial Umbrella / Excess Liability (FSAJADAL), Home Warranty / Residential Service Contracts (Systems & Appliances) (FSAJALAG)

Keywords

• General insurance services
• Mandatory auto liability
• Travel health insurance
• Property and casualty insurance
• Corporate insurance solutions

Headquarters

HQ city

Chisinau

HQ country

Moldova

HQ region

Europe

Offices41 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Mandatory Auto Liability Insurance (RCA): Compulsory motor vehicle third-party liability insurance for vehicles registered in Moldova, as required by Law No. 106/2022. Sold online and through agents. Core volume product for the Moldovan market.
2. CASCO (Auto Damage Insurance): Comprehensive vehicle insurance covering accidental damage, theft, and other vehicle-specific risks for cars, trucks, buses, trailers, and agricultural equipment. Offered with flexible payment options (full or installment).
3. Green Card International Insurance: International motor insurance certificate valid across participating Green Card countries, sold in durations from 15 days to 12 months. Mandatory for vehicles traveling abroad from Moldova.
4. Voluntary Health/Travel Insurance: Voluntary medical insurance for citizens traveling abroad, with multi-trip options, various coverage zones (Europe, Ukraine), and sums insured in EUR or USD. Also covers accident insurance with specific coverage for artists and performers.
5. Household and Property Insurance: Comprehensive property insurance (SIGUR ACASĂ) covering real estate, movable property, third-party liability, and personal accident. Sold as annual policies with optional coverage bundles.
6. Corporate / Legal Entity Insurance: Insurance products for businesses including property insurance, cargo insurance, construction and installation insurance, CMR liability, carrier passenger liability, professional liability, aircraft insurance, and financial risk insurance. Bancassurance channel included.
7. Reinsurance Services: Moldasig operates with efficient reinsurance services as a key corporate value, placing reinsurance to manage large risks and maintain financial stability.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels7 records

Core offering

Moldasig S.A. underwrites and distributes a comprehensive portfolio of general insurance products in the Republic of Moldova, including mandatory auto civil liability (RCA), international Green Card, CASCO vehicle coverage, voluntary travel health insurance, household/property insurance for individuals, and a full suite of corporate lines (cargo, construction and installation, CMR carrier liability, professional liability, aviation, airports, and financial risk). Policies are sold through a nationwide network of 35+ regional offices, authorized agents, bancassurance partners, and the company's own web platform with online purchasing and digital claims handling.

Product overview

Moldasig is a leading insurance company in the Republic of Moldova offering a comprehensive portfolio of insurance products. The product lineup consists of core personal lines products (RCA, Carte Verde, CASCO, Travel Health Insurance, and Household Property Insurance) supplemented by commercial insurance solutions for legal entities. Commercial offerings include property and cargo insurance, voluntary accident and health coverage, various liability products (CMR, passenger carrier liability, professional liability, aviation risks), and financial risk insurance. The company also offers Bancassurance products distributed through banking partners. Moldasig operates primarily through its website platform and regional office network across Moldova, with recent integration into Vienna Insurance Group (VIG) bringing international resources and expertise.

Differentiator

Problem solved

Functional benefit

Products and services

• RCA (Asigurare Obligatorie de Răspundere Civilă Auto / Mandatory Auto Civil Liability) Compulsory motor vehicle third-party liability insurance covering damages caused to third parties in traffic accidents within the Republic of Moldova. Required for all vehicle owners by Moldovana law and available for purchase online, through regional offices, or via agents.
• Carte Verde (Green Card International Auto Insurance) Mandatory international motor insurance certificate confirming valid third-party liability coverage for vehicles traveling abroad from Moldova. Sold online (via CarteVerde.md) and through agents in durations from 15 days to 12 months across participating Green Card countries.
• CASCO (Comprehensive Auto Damage Insurance) Voluntary comprehensive vehicle insurance covering accidental damage, theft, vandalism, and other covered risks for cars, trucks, buses, trailers, and agricultural/special equipment. Premiums are calculated from vehicle type, market value, driver profile, and ownership type.
• Travel Health Insurance (Asigurare Medicală în Străinătate) Voluntary medical insurance for individuals temporarily traveling abroad, covering medical expenses, emergency assistance, transport, repatriation, and visa-required coverage. Multi-trip, multi-zone, and Multi-visa variants available; underwritten in EUR or USD; backed by 24/7 Nova Assistance.
• SIGUR ACASĂ Household and Property Insurance Annual comprehensive household insurance covering real estate and movable property against fire, flooding, natural disasters, theft, plus third-party liability and personal accident coverage. Configurable coverage limits with discounts available for properties equipped with alarm, fire, or water-leak safety systems.
• Voluntary Accident Insurance (Asigurare de Accidente) Voluntary personal accident insurance covering temporary or permanent disability and death resulting from accidents. Available to individuals with specific accident coverage options tailored for performers.
• Corporate Property Insurance (Asigurare de Bunuri pentru Persoane Juridice) Property insurance for businesses covering buildings, equipment, and production facilities against various risks including fire, natural disasters, and theft. Sold to Moldovan legal entities through consultative corporate sales.
• Cargo Insurance (Asigurare Mărfuri) Insurance coverage protecting goods in transit during shipping and logistics operations against damage, loss, and theft. Offered to importers, exporters, and logistics companies.
• Construction and Installation Insurance (Asigurare Construcții și Montaj) Insurance covering risks during construction and installation projects, including damage to works, third-party liability, and project-related exposures, for construction companies and developers.
• CMR Carrier Liability Insurance Mandatory liability insurance for road carriers and forwarders covering damages to transported goods during international and domestic carriage under the CMR convention.
• Mandatory Carrier Passenger Liability Insurance Mandatory civil liability insurance for passenger carriers covering injuries sustained by passengers during transport operations.
• Optional Professional Liability Insurance (Asigurare Răspundere Profesională) Voluntary professional liability insurance covering errors and omissions in professional services. Targeted at professionals such as lawyers, notaries, judicial executors, mediators, and judicial experts.
• Liability Insurance for Enterprises with Increased Risk Potential Liability insurance covering industrial hazards and damage arising from enterprises operating with dangerous goods or elevated risk profiles.
• Aircraft Insurance (Aero-Casco) Aircraft hull insurance covering damage to air vessels for owners and operators.
• Aircraft Owners and Air Carriers Civil Liability Insurance Civil liability insurance for aircraft owners and air carriers covering third-party bodily injury and property damage arising from aviation operations.
• Airports and Related Services Civil Liability Insurance Civil liability insurance for airports and related aviation service providers covering third-party claims arising from airport operations.
• Financial Risk Insurance (Asigurare Riscuri Financiare) Financial risk insurance covering commercial credit risks and debtor defaults for companies that extend payment terms to customers. Targeted at Moldovan businesses seeking protection against trade credit losses.
• AORC (Asigurare Obligatorie Răspundere Civilă Auto — Mandatory Civil Liability for Vehicle Owners, Extended) Mandatory civil liability insurance for vehicle owners used by legal entities, offering extended coverage options tailored to corporate fleets and business use.
• Voluntary Health Insurance AFAM (Asigurare Facultativă de Asigurare Medicală) Voluntary domestic medical insurance within the Republic of Moldova covering medical services, home medical assistance, and emergency care. Sold as an employee benefits solution for businesses.
• Bancassurance Distribution Channel Insurance products distributed through Moldovan bank and non-bank financial institution partners including MAIB, VictoriaBank, FinComBank, and microfinance organizations; covers banker blanket bond, cash-in-transit, bank branch property, and customer cross-sales.

Quantifiable outcome

• Moldasig regained its market leader position in October 2022 and has maintained its leadership in the Moldovan insurance market.
• +1 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

Feature6 records

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Vienna Insurance Group (VIG): Moldasig's parent since August 2025 and the leading insurance group in Central and Eastern Europe (€16.3B 2025 GWP). Comparable as the broader CEE multi-line insurance operator that owns and consolidates Moldasig within its portfolio.

Regional players

• UNIQA Insurance Group: Austrian-headquartered insurer with significant CEE presence (including neighboring Romania and Ukraine). Comparable as a regional peer that pursues multi-line P&C and health strategies similar to Moldasig's, though it does not directly underwrite in Moldova.
• PZU Group: Largest insurer in Central and Eastern Europe with strong P&C and life franchises across Poland and neighboring countries. Comparable as a CEE-dominant multi-line carrier that informs best-practice benchmarks for Moldasig under VIG's strategic lens.
• Allianz SE: Global insurance leader with established CEE subsidiaries. Comparable as a global multi-line carrier whose regional subsidiaries compete in adjacent Moldovan insurance markets and set benchmark practices for digital distribution and underwriting.

Direct peers

• Grawe Carat Asigurări: Moldovan arm of the Austrian GRAWE Group, offering life and non-life insurance products. Competes with Moldasig across voluntary personal and corporate lines within Moldova and brings similar CEE cross-border expertise.
• Generali Asigurări Moldova: Moldovan subsidiary of Italian multinational Generali Group, offering motor, property, and personal insurance. Directly competes with Moldasig and brings international capital and reinsurance capacity into the same Moldovan customer base.
• Donaris Asigurări: One of the largest Moldovan insurance carriers offering motor, property, and travel insurance products. Directly competes with Moldasig for the same retail and corporate customers in Moldova's small but concentrated insurance market.
• Acord Grup: Moldovan insurance group providing general insurance products including motor and property lines. Competes head-to-head with Moldasig in the domestic Moldovan P&C market and is among the local carriers challenging for market share.

Emerging players

• Euroasig International: Smaller Moldovan insurer offering motor and travel insurance products. Overlaps with Moldasig's core RCA and Green Card lines at the lower-priced segment and competes for budget-conscious individual consumers.
• Asito International: Moldovan insurance company offering general insurance lines including motor and property. Overlaps with Moldasig in the domestic P&C market though with a smaller footprint and brand presence.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/MoldasigSA
• LinkedInlinkedin.com/company/moldasig

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Moldasig