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 2019, the market share of the Group was 10.3%, the amount of insurance premiums collected in 2019 exceeded RUR 373 bln (RUR 166.8 bln excluding compulsory health insurance).
The Group serves more than 31 mln private customers (including compulsory health insurance) and 99 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 21%. 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 customers to make a doctor’s appointment or settle an insurance event, use a telehealth, telematics and other unique services. In 2019, more than 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+” according to the international scale of Fitch Ratings, “ruAA+” according to the “Expert RA” scale and “BB+” 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 14 years, top managers of the company have held leading positions in the Top-1000 of the best Russian managers rating supported by the Russian managers association and Kommersant publishing house.
In 2019, the mobile application service “AlfaStrakhovanie Mobile” became the winner of the Runet Rating contest in the category “Services”. In 2018, AlfaStrakhovanie won the prestigious international Global Brand Awards in the nomination “Favorite Insurance Brand of Russia” and for the third time became the winner of the TripAdvisor Travelers' Choice Award in the category “Favorite Travel Insurance Company”.
At the end of 2018, AlfaStrakhovanie entered the top ten largest Russian financial companies in the RBC 500 Rating.