The Authority for Insurance Supervision and Pension Funds (ASF) intervened in 2025 to guarantee mandatory Motor Third Party Liability coverage for 17 vehicles, after they were successively refused by insurance companies. This number represents a growth of approximately 42% compared to the 12 cases registered in both 2023 and 2024, according to the ASF's Market Conduct Regulation and Supervision Report.
The intervention mechanism, called Placement of Mandatory Motor Third Party Liability Insurance, is triggered when insurance companies reject the subscription of mandatory insurance at least three times. This is a last-resort solution to prevent vehicles from being unable to legally circulate, requiring the applicant to present proof of refusal issued by at least three different insurance companies.
Subscription refusals are based on the assessment of the driver and vehicle risk, primarily using the claims history declaration, a document regulated by ASF that details the customer's history, including previous policies, coverage periods, claims for which the insured was at fault, and the position in the bonus/malus system. When the customer has previously belonged to the insurer's own portfolio, the insurance company has even more detailed data, such as claims frequency and indemnity amounts paid.
When the regulator is called upon, the obligation to accept the contract is assigned through an annual ranking table prepared by ASF, based on the premium volume and market share of the companies. Each insurance company receives an annual proportional quota of SORCA contracts, but the imposed coverage is strictly limited to mandatory third party liability insurance, not covering optional coverages such as own damage, broken glass, or travel assistance.
