Moldova avoids suspension from the Green Card system

The General Assembly of the Council of Bureaux in Brussels decided on June 2 to revoke the suspension of the National Bureau of Motor Insurers of Moldova (BNAA) from the "Green Card" system.

As a result, the Council has given a vote of trust to BNAA, thus facilitating cross-border transportation of Moldavian citizens who will no longer have restrictions to purchase insurance "Green Card" to travel abroad, according to a press release of BNAA.

"Moldova preserves its quality as member of the International Monitoring System "Green Card", with the impending condition to execute measures regarding the recovery of the stability and financial security of BNAA with the involvement of the Moldavian authorities," reads the statement.

Also, "although it was delayed the suspension thanks to the efforts of BNAA, we remain a monitored member, which requires us to responsibility and continuous efforts to solve all the problems of stability and financial security of BNAA", told to www.xprimm.md Alina OSOIANU, Executive Director, BNAA.

To be noticed that the decision to suspend BNAA from the "Green Card" system has been taken by the Council of Bureaux in May last year, with effects starting on 1 October 2015, but received a series of successive delays.

We mention that in 2015 the 10th companies authorised to sell Green Card policies in Moldova sold in this segment an amount of MLD 272.23 million, up to 3.3% compared to 2014. In Moldova the following companies are authorised to sell Green Card policies: ACORD Grup, ASITO, DONARIS VIG, GRAWE CARAT Asigurari, MOLDASIG, MOLDCARGO, MOLDOVA-ASTROVAZ, KLASSIKA Asigurari, ALLIANCE Insurance Group and ASTERRA Grup.

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