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TRANSILVANIA BROKER DE ASIGURARE SA - TBK

H1 2021 report

Release Date: 8/13/2021 8:19:29 AM

IRIS Code: 9F28D

    

                                                                                                  Reg. No. 333 / 13.08.2021

 

 

To,

 

BUCHAREST STOCK EXCHANGE S.A.

FINANCIAL SURVEILLANCE AUTHORITY

 

 

ANNOUNCEMENT

       Regarding the availability of the Report for the first semester of 2021

 

 

   First semester report 2021 will be available to shareholders, investors and the public as follows:
 

▫ on the website of the Bucharest Stock Exchange, www.bvb.ro;

▫ on the company's website www.transilvaniabroker.ro, at “Investors/Financial

    reports” section ;

▫ as printed version, at the headquarters in Bistrita, Calea Moldovei Street, no. 13,

    Bistrita-Nasaud County, also on the following link .

 

It is mentioned that the Financial Statements on the basis of which the Report for the first semester has been prepared are not audited.

 

 

                                       

                                                                                           TRANSILVANIA BROKER DE ASIGURARE S.A.                                                                                                                               

Chairman of the Board of Directors,

NICULAE DAN

 

 

 

 

YH 2021 Financial Report

Summary

Transilvania Broker de Asigurare S.A., the first broker to float on BVB and with 15 years of experience on the Romanian insurance intermediation market, concludes the first semester of the 2021 year with exceptional financial and operational results.

The growth rates for sales, operational result or net profit regained the pre-pandemic momentum, while important projects with high projected impact on the business growth potential and soundness have been successfully accomplished

For Transilvania Broker clients and assistants, for the insurance brokerage market and, not least, for the the company’s investors and shareholders, along the reporting period the management saluted:

      the launch, on June, 3rd, the platform for online issuance of MTPL (RCA) insurance policy, with innovative architecture incorporating multiple elements of artificial intelligence (AI) and e-commerce, allowing:

o   Conclusion of the MTPL insurance policy due to the OCR Module in less than 1 minute

o   Instant connection through the QR code – distinctively generated for each assistant or communication / sales channel

o   Real time assistance through live-chat

o   Digital map and personalized promotion instruments for Transilvania Broker assistants

o   The digital commission – ensuring that the online policy conclusion preserves all financial benefits of the Transilvania Broker assistants.

      the launch of Brokerage Services in Magyar through the new version of the website and the over 50 brokerage assistants available for the Magyar speaking clients, an important segment in the Transilvania Broker market

      the development of the corporate services division, through extending the team of professionals providing support for assistants approaching legal entities

 

      starting May 1st 2021, the Board of Directors is formed of 5 members, for compliance with the best corporate governance practices. The newly appointed members are Mr. Gabriel Login, with a 23 year experience in the insurance industry and a significant shareholder and, respectively, Mr. Erik Barna, founder and CEO of Life Is Hard, an IT company listed on BVB since august 2015.

      sponsoring the company’s projects of social corporate responsibility towards the community, remaining the main sponsor of Clubul Sportiv ACS Transilvania for children and youth and of INOCENTI Foundation serving children with disabilities. The value of sponsorship for the reporting period amounts to 200,000 lei

 

Chairman of the Board of Directors,

NICULAE DAN

 

 



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