International Joint Venture Insurance Company “TRANSELIT” JS is a general insurance company. Registered on October 16, 2002, the first license for “insurance activity (compulsory)” was obtained on November 25, 2002 for a period of five years. Until November 25, 2007 JV IIC “TRANSELIT” JS became the holder of the insurance licenses of goods and people.

During its whole activity the company has undertaken a number of development measures which aimed to increase the number of insurance intermediaries, to widen the branches network and to implement new types of insurance. The obtained success is nothing but a logical and natural result of concrete and thoughtful actions. The figures speak for themselves:

  • in the first year of  JV IIC “TRANSELIT”JS s activity the number of employees was 69 people. Today it s more than 350 people;
  • the premium received in the first year of its activity was 684 076 MDL. In 2008 an insurance premium of 10,200,135 MDL was charged and in 2013 it was over 32 mln. MDL.
  • from the outset the insurance business was developed only in Edinet. Currently JV IIC “TRANSELIT” JS is present in absolutely all districts of Moldova.

The only type of insurance on which the license was obtained and the company actually worked was  the compulsory insurance of civil liability. Currently JV IIC “TRANSELIT” JS is licensed and operates effectively with 20 types of insurance, working continuously with a view to requesting the license on other types of insurance depending on customers demand.