Donaris VIG and maib strengthen partnership with innovative insurance solutions
Common aspiration to build a stronger financial ecosystem
Donaris VIG, part of the Vienna Insurance Group (VIG), continues to strengthen its strategic partnership with maib, Moldova’s largest bank, by expanding its range of insurance services.
Maib's customers benefit from fast and efficient access to financial protection solutions that are precisely tailored to their needs and to the bank's digital ecosystem.
Advancing performance and digitalization in insurance services
Throughout the partnership, Donaris VIG has implemented a series of progressive enhancements aimed at simplifying and improving access to insurance products for maib customers. This offers increased financial security and convenience for maib customers. The start was by automating household insurance, ensuring seamless and efficient coverage. This step significantly reduced administrative burdens and made home insurance more accessible and user-friendly. Building on this foundation, Donaris VIG further integrated insurance solutions into maib’s digital ecosystem, allowing customers to purchase MTPL and Travel Medical insurance directly from the maibank app, providing greater convenience and accessibility.
The latest milestone in the collaboration is the development of Credit Protection Insurance (CPI). CPI helps customers cope with unexpected situations and provides them with protection when facing financial difficulties. CPI covers loan repayment in cases of inability to pay due to unforeseen events such as illness or job loss. This way, clients and their families can avoid financial stress and focus on what truly matters.
"Vienna Insurance Group sees the promotion of digital offers and services as a key focus for future-oriented customer positioning. Donaris VIG is meeting this challenge with its innovative offers and is taking an important step towards strengthening the bancassurance market in Moldova. VIG will ensure that the partnership with maib continues to be successful and VIG is committed to further expanding this partnership. We also congratulate maib for their recognition in the prestigious Global Finance Magazine’s The Innovators 2025 Program, as one of the most innovative financial institutions in Central and Eastern Europe. The award for our joint Bancassurance project, underlines our successful partnership and the added value for our customers in the Republic of Moldova”, explains Peter Höfinger, Deputy CEO of Vienna Insurance Group and Chairman of the Supervisory Board of Donaris VIG.
Strong partnerships for a stable financial ecosystem
For the development of innovative insurance products, Donaris VIG uses the VIG Group's extensive expertise in the field of digitalization. Continuous development of financial products and their integration into the local banking system is planned. The expansion of the collaboration between Donaris VIG and maib highlights the importance of strategic partnerships in building a solid financial ecosystem. The integration of CPI into banking services is a step forward in developing a more resilient financial market, where customers benefit from integrated solutions for their economic security.
Vienna Insurance Group (VIG) is the leading insurance group in the entire Central and Eastern European (CEE) region. More than 50 insurance companies and pension funds in 30 countries form a Group with a long-standing tradition, strong brands and close customer relations. Around 30,000 employees in VIG take care of the day-to-day needs of around 33 million customers. VIG shares have been listed on the Vienna Stock Exchange since 1994, on the Prague Stock Exchange since 2008 and on the Budapest Stock Exchange since 2022. VIG Group has an A+ rating with stable outlook by the internationally recognised rating agency Standard & Poor’s. VIG cooperates closely with the Erste Group, the largest retail bank in Central and Eastern Europe.