Insurer profile
AXERIA IARD SA Lyon – Bucharest Branch
Axeria IARD is a French non-life insurer headquartered in Lyon, active in France for over 30 years, operating in Romania since late 2021 via a Freedom of Establishment branch. The Romanian branch focuses primarily on mandatory motor third-party liability (MTPL/RCA) insurance, supplemented by home insurance and personal accident products. The company is owned by Somers Group Holdings Ltd (formerly Watford Holdings Ltd) and holds an AM Best A- (Excellent) rating.
Source- Legal entity
- AXERIA IARD SA Lyon – Bucharest Branch
- Headquarters
- Bucharest, Romania (branch); Lyon, France (parent)
- Parent group
- Somers Group Holdings Ltd (fostul Watford Holdings Ltd)
- Regulator
- Autorité de contrôle prudentiel et de résolution (ACPR) – France (primary prudential supervisor); Autoritatea de Supraveghere Financiară (ASF) – Romania (host state notified regulator)
- Phone
- +40 21 9110
- office@axeria-iard.ro
- Founded
- 1992
- Last verified
- Aug 12, 2026
Products from AXERIA IARD SA Lyon – Bucharest Branch
motor
Motor Third-Party Liability Insurance (MTPL / RCA)
Mandatory motor third-party liability insurance covering bodily injury and property damage caused to third parties in road accidents, valid in Romania and across EU/EEA countries via the Green Card territorial extension.
motor
RCA Direct Settlement Clause (Clauza Decontare Directă)
Optional add-on to the RCA policy allowing Axeria to pay its own insured directly for vehicle damages caused by a guilty third party with a valid RCA policy, without requiring the insured to claim from the at-fault party's insurer.
property
Home Insurance
Voluntary home insurance protecting residential property and personal belongings against various risks such as fire, natural disasters, and theft.
health
Personal Accident Insurance
Insurance covering personal accidents, providing financial protection in the event of accidental bodily injury, disability, or death.
Regulatory updates
Axeria IARD operates in Romania under Freedom of Establishment (FoE) as a branch of the French parent company, notified and authorized by both ACPR (France) and ASF (Romania) in December 2021 (active from 17/12/2021 per COB). It is registered under Romanian insurer code RO-31. Clients in Romania are protected by the Romanian Guarantee Fund (FGA) for RCA activity conducted locally. As of 2025, Axeria IARD has grown to approximately 10.7% market share in Romanian MTPL. The company's AM Best A- (Excellent) rating with stable outlook was reconfirmed following its integration into Somers Group Holdings. Regulatory petitions filed in the last 3 months number 236, with 0 alternative dispute resolution requests.
Verified offer pages
Motor third-party liability
Axeria Iard is a motor third-party liability insurance for the Romania market with online purchase and limited assistance availability.
Last verified Aug 12, 2026