Lithuanian MIB

What Lithuanian MIB does

The Motor Insurers' Bureau of the Republic of Lithuania (Lietuvos Respublikos transporto priemonių draudikų biuras), operating under the brand CAB, is a statutory non-profit association of insurers authorized to conduct compulsory motor third party liability (MTPL) insurance in Lithuania. Established under the Law on Compulsory Motor Third Party Liability Insurance (June 14, 2001, No IX-378), the Bureau coordinates MTPL activities among its member insurers, serves as the national compensation body for victims of uninsured or insolvent insurer cases, operates the national compulsory insurance database, and represents Lithuania in the Council of Bureaux' Green Card System spanning 46 countries (Lithuania joined on October 15, 2003). Its mandate covers cross-border claims handling, Green Card issuance, and acts as the EEA information center for motor insurance matters.

The Bureau's principal digital product is DraudimoĮvykiai.lt, an official electronic traffic accident declaration platform accessible 24/7 via smartphone without registration. The platform guides drivers step-by-step, generates accident sketches automatically, and transmits data directly to insurance companies; adoption reached 50% of all Lithuanian traffic accidents in 2025 with up to 1,000 declarations per week and 75% of users completing the process in under 20 minutes. Supporting products include a vehicle insurance verification service across 46 Green Card countries, a Border Insurance Certificate for vehicles without valid Green Card coverage, and real-time uninsured vehicle detection notifications through integration with the government's ANRIS Administrative Offences Register and EPP Electronic Services Portal. Maximum insured sums are EUR 6,450,000 for personal injury and EUR 1,300,000 for property damage per accident.

As a non-profit statutory association with only 6 employees, the Bureau does not sell insurance products or set premiums; insurance is distributed through its member insurance companies. Its activities are funded through member contributions and statutory mechanisms rather than commercial revenue, and financial details are not publicly disclosed. Russia and Belarus were suspended from the Green Card system effective June 1, 2023, prompting the Bureau to operationalize a new Border Insurance Certificate service. The organization is headquartered at Algirdo g. 38, LT-03218 Vilnius, and is led in part by Renata Veselkienė, Head of Legal Department and Data Protection Officer.

Name

Lithuanian MIB

Legal name

Motor Insurers' Bureau of the Republic of Lithuania (Lietuvos Respublikos transporto priemonių draudikų biuras)

Website

https://cab.lt

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

1–10 employees

Short description

The Motor Insurers' Bureau of the Republic of Lithuania (CAB) is a statutory non-profit association coordinating compulsory motor third party liability insurance among authorized Lithuanian insurers. It operates the DraudimoĮvykiai.lt electronic accident declaration platform, administers the national insurance database, and represents Lithuania in the 46-country Green Card System for cross-border claims.

Ownership category

akta.pro rank

Product category

Motor Insurance Coordination

NAICS

Direct Insurance (except Life, Health, and Medical) Carriers (52412), Direct Property and Casualty Insurance Carriers (524126), Claims Adjusting (524291), Insurance Carriers and Related Activities (524)

SIC

Fire, Marine & Casualty Insurance (6331), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Motor Vehicle Liability Insurance (FSAJAMAC)

akta.pro secondary industries

Claims Administration & TPA Services (FNOL, Subrogation, Litigation Mgmt) (TLABANAH), Commercial Auto & Fleet Liability Insurance (Primary) (TLABANAA), General Liability Insurance (FSAJAMAE)

Keywords

• Compulsory motor insurance
• Motor third party liability
• Green card insurance
• Traffic accident declaration
• Cross-border claims handling

Headquarters

HQ city

Vilnius

HQ country

Lithuania

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Others

Distribution channels1 record

Marketing channels1 record

Core offering

The Motor Insurers' Bureau of the Republic of Lithuania (Lietuvos Respublikos transporto priemonių draudikų biuras) is a statutory non-profit association of insurers authorized to conduct compulsory motor third party liability (MTPL) insurance in Lithuania. It coordinates the national MTPL system, administers the Green Card international motor insurance certificate, operates the official electronic traffic accident declaration platform (DRAUDIMOĮVYKIAI.LT), handles cross-border claims as a compensation body, and pays compensations to victims of uninsured or insolvent insurers.

Product overview

The Motor Insurers' Bureau of the Republic of Lithuania (CAB) operates as a statutory insurers' association managing compulsory motor third party liability insurance in Lithuania. The primary digital product is DraudimoĮvykiai.lt — an official electronic traffic accident declaration platform accessible via smartphone, replacing paper forms and transmitting data directly to insurance companies. The Bureau also administers the Green Card system (Žaliosios Kortelės Sistema), an international insurance network covering 46 countries coordinated from Brussels. Supporting products include a compulsory insurance database, vehicle insurance verification service, border/frontier insurance certificate issuance, and integration with the ANRIS/EPP government portal for real-time uninsured vehicle detection and administrative penalty management. Together these form a cohesive insurance infrastructure spanning claims handling, cross-border compensation, and driver compliance monitoring.

Differentiator

Problem solved

Functional benefit

Brands

• DRAUDIMOĮVYKIAI.LT: Electronic traffic accident declaration platform - the only official platform in Lithuania for declaring traffic accidents electronically, operated by the Bureau.
• Žalioji kortelė (Green Card)

Products and services

• DRAUDIMOĮVYKIAI.LT Electronic Traffic Accident Declaration Platform Official electronic traffic accident declaration platform enabling drivers in Lithuania to file accident reports digitally via smartphone. Provides step-by-step guidance, automatic accident sketch generation, and direct data transmission to insurance companies. Available 24/7, free of charge, and recognized by all Lithuanian insurance companies.
• Green Card System (Žaliosios Kortelės Sistema) Coordination International compulsory motor third party liability insurance system spanning 46 countries, coordinated by the Council of Bureaux in Brussels. A Green Card issued by the national insurers' bureau serves as an international insurance certificate, exempting drivers from purchasing separate insurance in each member country.
• Compulsory Motor Third Party Liability Insurance Database National database administered by the Bureau that registers, retains, and processes insurance contract data, vehicle information, traffic accident records, and compensation data for compulsory motor third party liability insurance in Lithuania.
• Compensation and Claims Handling Services Bureau functions as a compensation body handling claims and paying compensations under the Green Card system, as a guarantee fund for uninsured vehicles, and as an information center for cross-border insurance claims within the EEA. Maximum sums insured: EUR 6,450,000 for personal injury and EUR 1,300,000 for property damage per accident.
• Vehicle Insurance Coverage Verification Service Online service allowing users to verify whether a vehicle is insured by entering the registration country and license plate number. Available for 46 countries participating in the Green Card system.
• Border Insurance Certificate (Pasienio Draudimas) Frontier insurance certificate service allowing vehicle owners to purchase border insurance valid in all EEA countries and Switzerland for up to 90 days. Sold at border crossing points for vehicles without valid Green Card coverage.

Quantifiable outcome

• 50% of traffic accidents in Lithuania now declared electronically
• +3 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Council of Bureaux (Green Card System)coreOthers · 15 October 2003The Bureau is a member of the Council of Bureaux, the coordinating body of the Green Card System. The Green Card System is an international system of compulsory insurance against civil liability in respect of the use of motor vehicles, established in 1949 and comprising 46 national insurers' bureaux. The Council's headquarters is in Brussels. Lithuania became a member on October 15, 2003.

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Others

• Council of Bureaux (CoB): The Brussels-based coordinating body of the 46 national Green Card bureaux. Lithuanian MIB is a member since 2003. Acts as the umbrella organization setting cross-border claims handling rules and IT standards for all member bureaux including Lithuanian MIB.

Direct peers

• Traficförsäkringsföreningen (TFF, Sweden): Swedish motor insurers' bureau performing analogous functions — Green Card coordination, guarantee fund for uninsured drivers, and MTPL information center. Direct peer in a neighboring Nordic/Baltic region with comparable legislative tradition.
• Bureau Central Français (BCF) / Green Card coordination: French national Green Card bureau coordinating MTPL cross-border coverage. Direct peer performing the same Green Card issuance and verification functions as Lithuanian MIB for one of the largest motor insurance markets in Europe.
• Motor Insurers' Bureau of the United Kingdom (UK MIB): The UK MIB is a direct peer — it performs the same statutory functions as Lithuanian MIB (Green Card coordination, compensation body for uninsured/untraced motorists, guarantee fund) but for the UK market. Comparable mandate, legal structure, and product offering (electronic accident declaration, cross-border claims).
• Ufficio Centrale Italiano (UCI, Italy): Italian national bureau coordinating Green Card issuance and MTPL cross-border claims with the same mandate as Lithuanian MIB. Direct peer operating under the same EU framework and Council of Bureaux coordination.
• Fonds de Garantie des Assurances Obligatoires de dommages (FGAO, France): French compensation fund performing the identical set of functions as Lithuanian MIB — compensation body for uninsured/untraced motorists, Green Card coordination, and guarantee fund. Direct peer with same legal foundation under EU motor insurance directives.
• Estonian Motor Insurers' Bureau (LKF): Direct Baltic peer performing identical functions in Estonia — Green Card system membership, compulsory MTPL database, accident declaration infrastructure, and EEA information center duties. Shares the same legislative framework and Council of Bureaux membership.
• Latvian Motor Insurers' Bureau (LTAB): Direct Baltic peer operating the analogous national bureau functions in Latvia: Green Card issuance, MTPL coordination, cross-border claims handling, and guarantee fund. Highly comparable given shared Baltic regulatory environment and similar market size.

Regional players

• Polish Motor Insurers' Bureau (PBUK): Regional peer operating the equivalent national bureau functions in Poland: Green Card issuance, MTPL guarantee fund, and uninsured driver compensation. Comparable mandate but in a much larger market; useful for benchmarking cross-border claims volumes with Lithuania.

Broad incumbents

• German Insurance Association — Motor Insurers' Bureau (GDV): GDV operates the German national bureau with the same Green Card and guarantee fund functions. Functions as a broad incumbent — offers the same core services but as part of a much wider insurance industry association portfolio beyond motor bureau work.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/lithuanian-mib

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 Lithuanian MIB