About Garanta Asigurări
Garanta Asigurări is a company based in Bucharest (Romania) founded in 1997 was acquired by SIGNAL IDUNA in November 2024.. Garanta Asigurări offers products and services including Life Insurance, Auto Insurance, Home Insurance, Travel Insurance, and Business Insurance. Garanta Asigurări operates in a competitive market with competitors including RAC, Blue KC, Prudential, Beazley and Euroins, among others.
- Headquarter Bucharest, Romania
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Garanta Asigurari Sa
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
SIGNAL IDUNA
(Nov 04, 2024)
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Products & Services of Garanta Asigurări
Garanta Asigurări offers a comprehensive portfolio of products and services, including Life Insurance, Auto Insurance, Home Insurance, Travel Insurance, and Business Insurance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides financial protection against death, accidents, and health issues.
Covers vehicle damages and liabilities from accidents or theft.
Protects residences and belongings from fire, theft, and natural disasters.
Offers medical coverage and assistance during domestic and international trips.
Safeguards companies against property loss, liability, and employee accidents.
Funding Insights of Garanta Asigurări
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Garanta Asigurări
Garanta Asigurări has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include SIGNAL IDUNA. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Diversified insurance services are provided by SIGNAL IDUNA in Germany.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Garanta Asigurări
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Garanta Asigurări
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Garanta Asigurări Comparisons
Competitors of Garanta Asigurări
Garanta Asigurări operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RAC, Blue KC, Prudential, Beazley and Euroins, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Vehicle parts and accessories are sold via an online platform.
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| domain | founded_year | HQ Location |
Provides health insurance plans for individuals, families, employers, and Medicare recipients.
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| domain | founded_year | HQ Location |
Financial services for pensions and investments are provided by Prudential.
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Specialist insurance and reinsurance are underwritten for clients worldwide.
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Diversified insurance services are provided by Euroins in Romania.
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Offers auto, home, life, health, and travel insurance services for individuals and businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Garanta Asigurări
Frequently Asked Questions about Garanta Asigurări
When was Garanta Asigurări founded?
Garanta Asigurări was founded in 1997.
Where is Garanta Asigurări located?
Garanta Asigurări is headquartered in Bucharest, Romania.
What does Garanta Asigurări do?
Garanta Asigurări SA was established in 1997 in Bucharest, Romania, as an insurance provider. Operations are maintained in Romania and Austria, where various coverage options, including life and motor insurance, are offered to personal and commercial clients. The company focuses on standard insurance services within the financial sector, with activities centered on policy issuance and claims management across its regions.
Who are the top competitors of Garanta Asigurări?
Garanta Asigurări's top competitors include RAC, Beazley and Prudential.
What products or services does Garanta Asigurări offer?
Garanta Asigurări offers Life Insurance, Auto Insurance, Home Insurance, Travel Insurance, and Business Insurance.
Who are Garanta Asigurări's investors?
Garanta Asigurări has 1 investor. Key investors include SIGNAL IDUNA.