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| December 05, 2021 |
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2020 Annual report

Release Date: 4/28/2021 8:40:23 AM

IRIS Code: 1380A


                                                                                                            Reg. No. 191 / 28.04.2021










  The 2020 annual report is available to shareholders, investors and the public :



▫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 .



                     TRANSILVANIA BROKER DE ASIGURARE S.A.                                                                                                                                                       

                                   GENERAL MANAGER

                                      NICULAE DAN








For Transilvania Broker de Asigurare S.A., the COVID19 pandemic year meant not only the increase of net revenues by 9.7%, of the intermediated premiums by 7.3% or of the net profit by 14.8%, as compared to 2019. 2020 year completes important stages in the processes of digitization and optimization of the intermediation activity, welcomes changes in the Company’s management structure that align the corporate governance system with the best practices and announces the penetration of the capital city by opening new office in Bucharest.

The new website and the new location platform brought the interaction between clients and the network of over 1700 collaborators to a higher level, while the possibility of buying online vehicle liability policy and the ease of online payment enhanced the insurance experience of Transilvania Broker’s clients.

In 2021, among the projects that will strengthen the market position and attract new customer segments, we can count the completion of the project for the development of the online insurance platform, investments in the relationship with the Company's employees and their endowment with appropriate means and tools for a dynamic, competitive and increasingly digitalized market, but also the optimization of relations with Transilvania Broker investors.

                           TRANSILVANIA BROKER DE ASIGURARE S.A.                                                                                                                                                        

                                          GENERAL MANAGER

                                              NICULAE DAN




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