One of the largest private insurance companies in Russia with a diversified portfolio of insurance products for corporate and individual clients.
AlfaStrakhovanie Group (the “Group”) is one of the largest Russian insurance groups, with a diversified portfolio of services comprising both comprehensive business insurance coverage and an extensive range of retail insurance products.
The Group includes AlfaStrakhovanie PLC, AlfaStrakhovanie-Life LLC, AlfaStrakhovanie-OMS LLC, Medicine AlfaStrakhovanie LLC. Companies of the Group have been listed by the Central Bank of the Russian Federation among the insurance companies having significant importance to the insurance system of Russia.
In 2018, the market share of the Group was 10.1%, the amount of insurance premiums collected in 2018 exceeded RUR 346 bln (159 bln excluding compulsory health insurance).
The Group serves more than 29 mln private customers (including compulsory health insurance) and 83 thousand companies. The Group has about 270 regional departments all over Russia.
AlfaStrakhovanie is the absolute leader in online insurance with a market share of almost 25%. Insurance premiums collected in this segment in 2018 almost reached RUR 20 bln. In 2015, the Group was the first insurer to launch a mobile application service “AlfaStrakhovanie Mobile”. Besides online insurance certificate purchase, this application also allows to make a doctor’s appointment or settle an insurance event, use a telehealth, telematics and other unique services.
In 2018, more than 3.5 mln people held a personal account in this application and on the Group’s website.
The financial stability and reliability of the Group is confirmed by the ratings of leading international and Russian rating agencies: “BB+” with stable outlook according to the international scale of Fitch Ratings, “ruAA+” according to the “Expert RA” scale and “BB+” with stable outlook according to S&P scale.
The Group has long-term relations with the largest reinsurance corporations in the world (Munich Re, Swiss Re, Hannover Re, Gen Re, Partner Re, SCOR, Lloyd’s of London) and can quickly and reliably reinsure almost any risk in both the Russian and international insurance markets.
The major customers of the Group are top domestic banks, major ship owners and forwarders, power plants, metal and engineering plants as well as representative offices of the largest foreign companies, public and governmental agencies and institutions as well as individual clients. Among all the corporate clients and partners of AlfaStrakhovanie Group are Coca-Cola, Danone, Henkel RUS, Hyundai, Metro Cash & Carry, Nokia Siemens Networks, S7 Airlines, X5 Retail Group , Aeroflot, Alfa-Bank, Magnitogorsk Iron and Steel Works, RusHydro and Sheremetyevo International Airport.
For more than 13 years top managers of the company have held the leading positions in the Top-1000 of the best Russian managers rating supported by the Russian managers association and Kommersant publishing house.
In 2018, AlfaStrakhovanie again won the prestigious international Global Brand Awards in the nomination “Favorite Insurance Brand of Russia” and became the winner of the TripAdvisor Travelers' Choice Award in the category “Favorite Travel Insurance Company”. In 2017, AlfaStrakhovanie became the laureate of the Bank of the Year award from Banki.ru portal as a winner in the nomination “Best Insurance Company of the Year”.