tbi bank and the broker Pint.ro are partnering to offer Romanians insurance with interest-free installments
The current economic and social context has increased the need for Romanians to have access to more efficient financing instruments, including in the area of insurance, where the cost of insurance policies has been increasing in recent years. tbi bank, one of the leading challenger banks in South-East Europe, offering flexible payment solutions, has formed a partnership with one of the most dynamic insurance brokers in Romania, Pint.ro Broker de Asigurare.
BNPL financing solutions are easier to access and allow the total cost of any purchase to be quickly spread over equal installments. In this way, customers can make more purchases or buy higher-value products, and retailers can better meet consumers’ needs.
“Today’s economic and social environment is complicated, and costs continue to rise, including when it comes to insurance premiums. Consumers have an increasingly pressing need for efficient financing tools, so we are staying close to them through this agreement with Pint.ro Broker de Asigurare, a highly dynamic player on the brokerage market”, said Ionut Sabadac, VP Merchant Solutions, tbi.
The Pint.ro website has been operating for 18 years, undergoing a rebranding in 2014. Policies have been issued through Pint.ro Insurance Broker since 2009. The customer profile is very diverse, with tbi having installment approvals from customers aged 19 to 72.
“For us, easy access for our customers to mandatory RCA motor insurance has always been a priority, especially in this delicate economic and social context. We have entered into this agreement with a strong partner such as tbi bank precisely to help our customers to more easily purchase whatever type of insurance they need”, said Alexandru Pintilie, Founder, Pint.ro Broker de Asigurare.
In 2023, the insurance companies authorized and regulated by the Financial Supervisory Authority (ASF) underwrote premiums amounting to approximately 18.2 billion lei, up by about 10% compared to the value recorded in 2022, according to data presented by the ASF.