The largest private insurance company in Russia with a diversified portfolio of insurance products for corporate and individual clients.
AlfaStrakhovanie Group (the “Group”) is the largest Russian private insurance group 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 2020, the market share of the Group was 11%, the amount of insurance premiums collected in 2020 exceeded RUR 427.9 bln (including compulsory health insurance).
The Group serves 31 mln private customers (including compulsory health insurance) and 106 thousand companies. The Group has about 270 regional departments all over Russia.
AlfaStrakhovanie is the leader in online insurance in Russia. 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 and other unique services. In 2020, more than 5 mln Russians used the mobile application and had personal account on the company’s website.
The financial stability and reliability of AlfaStrakhovanie is confirmed by the ratings of leading international and Russian rating agencies: "BB+" according to the international scale of Fitch Ratings, "BBB-" according to S&P scale and the maximum rating "ruAAA" according to the “Expert RA” scale. In addition, at the beginning of 2021, the National Rating Agency (NRA) assigned a credit rating to AlfaStrakhovanie PLC at the level of "AAA |ru|" according to the national rating 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, 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 15 years, top managers of the Group 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 2020, AlfaStrakhovanie became the Best Insurance Company of the year according to Banki.ru ranking. Once again AlfaStrakhovanie is the first private insurance company in the Forbes 200 rating of the largest private companies in Russia. The Group has won the annual FINAWARD award for innovations and achievements in the financial industry for the development of minute-by-minute insurance "Kasko on/off" and daily travel protection "Travel on/off", which are exclusive products for the Russian market. The application "AlfaStrakhovanie Mobile" became the leader in the rating of the effectiveness of mobile applications of Russian insurance companies of the leading consulting agency Markswebb. The website of AlfaStrakhovanie confirmed the leading positions in the search results of the Runet among the Russian insurance companies.
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.