The company, in which Alfa Group holds an indirect participation, aims to diversify its insurance products within the guarantee policies category, targets to become a long-term partner in this field for both the collaborating brokers and its traditional clients, in Romania and in the European Countries where it is authorized.

Onix Asigurari is specialized in corporate surety bonds:

  • bid bonds;
  • performance bonds;
  • maintenance bonds;
  • advance payment bonds;
  • money retention bonds.

Advantages of using a surety bond

  • An alternative to the letter of guarantee issued by bank;
  • Effective management of company’s financial resources and cash flow;
  • Reduction of costs generated by the policy underwriting;
  • Rapidity in assessing the financial analysis of the applicant company and in underwriting the surety bond;
  • Flexibility in negotiating the costs incurred by the issuance of the counter-guarantees, depending on the creditworthiness of the applicant company or/and of its group;
  • Possibility to use the surety bonds in Romania and in the UE countries in which the insurer is authorized;
  • Increase in the company’s capacity to take part in a bigger number of public tender procedures in the same time.

 

Find out more on https://www.onix.eu.com/en/