Insurer profile
German Romanian Assurance S.A.
German Romanian Assurance S.A. · Romania
Overview
German Romanian Assurance S.A. (GERROMA) is a Romanian-German insurance company with fully private capital, specialising in travel medical insurance, winter sports insurance, accident insurance, and tourism-related products. Founded in 1995, it operates throughout Romania through its own agencies and over 1,300 insurance intermediaries and brokers.
Source5
Products in this market
1
Offer pages
Company details
- Regulator
- Financial Supervisory Authority (ASF – Autoritatea de Supraveghere Financiară)
- Phone
- +40 21 321 74 28
- [email protected]
Products from German Romanian Assurance S.A.
Travel3
Travel Medical Insurance
Medical insurance for travel abroad covering outpatient consultations, medicines, laboratory analyses, emergency medical transport, and hospitalisation.
Trip Cancellation Insurance (Storno)
Insurance that reimburses cancellation penalties charged by travel agencies when a holiday must be cancelled due to unforeseen events.
Winter Sports Insurance (Ski & Snowboard)
Specialised insurance for winter sports including skiing, snowboarding, sledging, skating and snowmobile use, covering search and rescue, emergency medical transport from slopes, valid in Romania and abroad.
Regulatory updates
In December 2024, ASF issued Decision no. 1342/30.12.2024 sanctioning German Romanian Assurance S.A. with a fine of 7,200 lei for failing to publish the complete list of exempt intermediaries it collaborated with for 2023 on its official website. The company holds ASF authorisation no. RA-016/04.10.2003 and is registered in the insurers' register under no. RA-020/RA/016/2003. In 2022 the company raised its share capital to 10.03 million RON to comply with minimum capital requirements under ASF Norm 20/2016.
Offer pages
Travel insurance
travel insurance from GERROMA / asiguraridevacanta.ro for the Romania market, with online purchase and 24/7 assistance.
Last verified Aug 12, 2026