What Grawe Romania Asigurare does

GRAWE România Asigurare S.A. is a Romanian multi-line insurance company authorized by the Romanian Financial Supervisory Authority (ASF) under authorization nr. 37/02.11.2001, operating as a wholly-owned subsidiary of Austria-based GRAWE Group, which was founded in 1828 in Graz. The company offers a diversified portfolio spanning life insurance (endowment, unit-linked, and pure protection products), general insurance (mandatory RCA auto liability, CASCO, homeowners and commercial property), personal accident and health, travel, and group insurance. It serves primarily individual consumers and small-to-medium businesses across Romania through a multi-channel distribution model anchored by over 35 territorial agency locations.

The company operates a hybrid technology and distribution platform: the my.grawe.ro customer portal handles online policy management, premium payments via PayU, RevolutPay, and PayPoint, RCA quote calculations, and damage notifications; an online quote calculator issues 20-day-valid RCA offers; QR-code-based tools provide quick access to renewal and claims services; and a cloud-based treasury management system (Finqware's FinqTreasury, deployed February 2026) automates back-office reconciliation. Within its unit-linked life insurance offering, GRAWE distributes Apollo-branded and Security KAG-managed funds, including ESG-screened Article 8 products (Apollo Nachhaltig Aktien Global ESG, Apollo Nachhaltig Global Bond ESG, Superior 3 – Ethik).

GRAWE generates revenue primarily through recurring insurance premiums across life and non-life lines, with policy durations ranging from one to eleven-plus years. Distribution is delivered through territorial agencies, broker and tied-agent networks, an inside-sales contact center, and digital self-service channels. As a shareholder in PAID (the mandatory natural disaster insurance pool) since 2010, GRAWE also underwrites statutory PAD dwelling coverage. The company maintains 388,064,500 lei in share capital, complies with Solvency II by publishing annual SFCRs, and operates under FATCA, CRS, and GDPR regulatory frameworks.

Name

Grawe Romania Asigurare

Legal name

GRAWE România Asigurare S.A.

Website

https://grawe.ro

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

GRAWE România Asigurare S.A. is a Romanian multi-line insurer offering life, property, auto, accident, health, and travel insurance. A subsidiary of Austria's GRAWE Group, it serves individual consumers and SMBs through 35+ territorial agencies, brokers, and the my.grawe.ro digital portal.

Ownership category

akta.pro rank

Headquarters

HQ city

Bucharest

HQ country

Romania

HQ region

Europe

Offices34 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Life Insurance Premiums: Recurring life insurance premiums including endowment policies, unit-linked products (Apollo funds), and supplementary accident/health riders. Premiums can be paid monthly, annually, or as single premiums. Revenue recognized over the policy duration.
2. General Insurance Premiums: Non-life insurance premiums covering auto (RCA mandatory liability, CASCO), property (homeowners, renters, commercial buildings), travel, accident, and mandatory dwelling insurance (PAD through PAID pool). One-time or annual premium payments.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

GRAWE România Asigurare S.A. is a Romanian insurance company offering a diversified portfolio of life, property, auto, accident, health, and travel insurance products to individual and commercial customers. The company distributes its products through a nationwide network of over 35 territorial agencies, insurance broker partnerships, and the my.grawe.ro digital self-service portal. As a subsidiary of Austria-based GRAWE Group (founded 1828), GRAWE România combines nearly 200 years of group heritage with localized Romanian market expertise.

Product overview

GRAWE România operates as a diversified insurance company offering a broad portfolio across life insurance, property insurance, and personal lines. The offering is organized as a platform-plus-products model: a client-facing digital portal (my.grawe.ro) handles online policy management, premium payments (via PayU and RevolutPay), and RCA quotes, while the core product portfolio is divided into three main pillars — (1) Life & Savings (Viață, unit-linked investment products with ESG-screened funds including Apollo Nachhaltig Aktien Global ESG, SUPERIOR 3 – Ethik, Apollo Nachhaltig Global Bond ESG), (2) Property & Auto (RCA, CASCO, Mobil, Locuință & Bunuri, Sediul Firmei, PAD, Bicicletă), and (3) Personal Lines (Accident, Sănătate, Călătorie, De Grup). The company also uses Finqware's FinqTreasury platform for internal treasury automation. GRAWE is a subsidiary of Austria-based GRAWE Group and has been operating in Romania since 2000/2001.

Differentiator

Problem solved

Functional benefit

Products and services

• RCA - Mandatory Auto Civil Liability Insurance (RCA - Asigurarea de Răspundere Civilă Auto) Mandatory third-party liability insurance covering damages caused to third parties in traffic accidents. Required by Romanian law for all vehicle owners, with online premium calculation available via the company's website and mobile portal.
• CASCO - Voluntary Vehicle Damage Insurance Voluntary comprehensive vehicle insurance covering repair costs for the policyholder's own vehicle, including collision, theft, and natural damage events. Targeted at vehicle owners seeking protection beyond mandatory RCA.
• Mobil - Roadside Assistance Insurance (Mobil - Asistență Rutieră) Roadside assistance insurance covering vehicle recovery, towing, and emergency services for drivers. Offered as part of the auto product suite for individual motorists.
• Home and Contents Insurance (Asigurări Locuință și Bunuri) Property and home contents insurance covering residential buildings and belongings against risks such as fire, flood, theft, and natural disasters. Available in multiple coverage tiers for homes and apartments.
• PAD - Mandatory Dwelling Insurance (PAD - Asigurarea Obligatorie a Locuințelor) Mandatory residential insurance against natural disasters, mandated by Romanian law. GRAWE participates as a shareholder in PAID (the natural disaster insurance pool) and offers this statutory coverage to Romanian property owners.
• Business Premises and Equipment Insurance (Sediul Firmei și Dotărilor) Business property insurance covering office premises, equipment, and business contents for commercial clients. Targeted at companies and property managers seeking commercial asset protection.
• Bicycle Insurance (Asigurare Bicicletă) Bicycle insurance covering theft risk for bicycle owners, offered as part of the property insurance portfolio.
• Life Insurance (Viață) Life and savings insurance products with capitalization, including endowment and pure protection plans. Offered in RON and EUR with coverage terms of 1–11+ years, including unit-linked investment-linked life insurance with access to ESG-screened investment funds.
• Personal Accident Insurance Personal accident insurance covering accidental death, injury, and medical expenses. Offered under multiple product variants for individuals and families.
• Travel Insurance (Asigurare de Călătorie) Travel insurance covering medical emergencies, trip cancellation, and travel-related risks for individuals traveling domestically or internationally.
• Group Insurance (Asigurări de Grup) Group insurance products covering multiple lives under a single contract, including group life, accident, and health coverage for employers and organizations. Targeted at businesses seeking employee benefits.
• Health Insurance (Sănătate) Health insurance covering hospitalization and surgical procedures, providing reimbursement for medical treatments. Includes supplementary health riders for life insurance policyholders.

Quantifiable outcome

• 80% reduction in manual reconciliation effort through FinqTreasury platform (claimed by Finqware)
• +1 more outcomes

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• FinqwarecoreTechnology or Integration · 18 February 2026GRAWE România has deployed Finqware's FinqTreasury cloud-based treasury management system to automate treasury operations. The platform provides real-time visibility over cash flow through direct bank connectivity and multi-bank integration, claiming up to 80% reduction in manual reconciliation effort for bank statement, payment, and receivables reconciliation. For Finqware, this deployment adds a reference in the insurance segment, targeting insurers with high transaction volumes and strict regulatory traceability requirements.
• PAID (Pool-ul de Asigurare Împotriva Dezastrelor Naturale)coreStrategic or Co-development PartnerGRAWE România is a shareholder of PAID, the mandatory natural disaster insurance pool for Romanian dwellings. Since 2010, GRAWE offers mandatory dwelling insurance (PAD) as a participant in the PAID pool, which is a statutory insurance scheme required for Romanian property owners.
• GRAWE Group (Austria)coreOthersGRAWE România is a subsidiary of Austria-based GRAWE Group, founded in 1828. The Group provides product expertise, technology platforms, and brand heritage. GRAWE Group operates insurance subsidiaries in Slovenia, Croatia, Hungary, Serbia, Bosnia, Bulgaria, Ukraine, Banja Luka, Montenegro, Macedonia, Republic of Moldova, and Romania. The Group also operates in banking and real estate sectors, managing over 1.8 million sqm of properties.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Asirom Vienna Insurance Group: Member of Vienna Insurance Group and one of the top three Romanian multi-line insurers. Offers the same life + non-life product suite as GRAWE Romania, including mandatory and voluntary property/auto lines.
• UNIQA Asigurari: Austrian-owned multi-line insurer with strong brand affinity in CEE markets. Comparable to GRAWE given similar Austrian heritage, life + non-life mix, and agency-based distribution in Romania.
• Signal Iduna Asigurari: German-owned insurer active in Romania with a focus on health, accident, and life products. Comparable mid-size footprint and similar reliance on agent-driven distribution.
• Allianz-Tiriac Asigurari: Allianz's Romanian JV and one of the largest multi-line insurers in the country, offering life, property, auto, and health insurance through a similar agency + broker + digital model. Directly competes with GRAWE Romania across virtually every product line.
• NN Asigurari de Viata: Market-leading life insurance specialist in Romania (originally ING Life). Direct peer to GRAWE on the life and unit-linked side, particularly for the Apollo/Nachhaltig-type investment-linked products.
• Generali Romania: Italian-owned multi-line carrier offering life, property, and auto insurance in Romania with a comparable agency and broker distribution model. Overlaps directly with GRAWE's full product portfolio.
• Metropolitan Life Romania: Life insurance specialist operating in Romania via agency and bancassurance channels. Most relevant peer to GRAWE's life and savings book, including unit-linked and endowment products.
• Omniasig Vienna Insurance Group: Another VIG-owned multi-line insurer in Romania focused on general insurance (auto, property, liability). Direct competitor for GRAWE's non-life book, especially in the CASCO/property segments.
• Groupama Asigurari: French-owned multi-line insurer with strong nationwide agency footprint in Romania. Competes head-to-head with GRAWE in life, auto (RCA/CASCO), property, and accident products.

Regional players

• PZU (Powszechny Zakład Ubezpieczeń): Poland's largest multi-line insurer and a Central European scale benchmark. While not active in Romania, PZU illustrates the regional consolidator playbook relevant to GRAWE as a CEE mid-market carrier.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

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 Grawe Romania Asigurare