Insurer profile

German Romanian Assurance S.A.

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.

Source
Legal entity
German Romanian Assurance S.A.
Headquarters
Bucharest, Romania
Regulator
Financial Supervisory Authority (ASF – Autoritatea de Supraveghere Financiară)
Phone
+40 21 321 74 28
Email
office@gerroma.ro
Founded
1995
Last verified
Aug 12, 2026
Official website

Products from German Romanian Assurance S.A.

travel

Travel Medical Insurance

Medical insurance for travel abroad covering outpatient consultations, medicines, laboratory analyses, emergency medical transport, and hospitalisation.

travel

Trip Cancellation Insurance (Storno)

Insurance that reimburses cancellation penalties charged by travel agencies when a holiday must be cancelled due to unforeseen events.

travel

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.

health

Accident Insurance

Insurance protecting individuals and employees against the consequences of unforeseen accidents affecting life, bodily integrity or ability to work, available 24/7 worldwide.

financial

Travel Agency Insolvency and Bankruptcy Insurance

Insurance exclusively for travel agencies covering the risk of non-payment of debts owed to tourists in the event of the agency's insolvency or bankruptcy.

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.

Verified offer pages

Travel insurance

GERROMA / asiguraridevacanta.ro is a travel insurance for the Romania market with online purchase and 24/7 assistance.

Last verified Aug 12, 2026