ROSSIA Insurance Company
Address: Russia, 129085, Moscow, sq. Olminskogo, 3A
Phone: +7 (495) 799 9999
Fax: +7 (495) 790 7374
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Last modified: 2012-03-06
License of Federal Insurance Control Service ¹ Ñ 0002 77 dd. 16/03/06 for insurance activity and License ¹ Ï 0002 77 dd. 16/03/06 for reinsurance activity. Registration No.2. State Secrecy Information License of Federal Security Service ¹ Á-339597 dd. 29/04/04.
ROSSIA Insurance Company was founded in April, 1990, in Moscow.
The historic predecessor of the modern Company was famous pre-revolutionary company ROSSIA Insurance Company (1881-1919), pre-revolutionary leader of Russian voluntary insurance.
ROSSIA’s charter capital is RUR 2 bln.
ROSSIA’s main shareholder is Trustcom Managing Company – major professional investor, implementing projects on management of industrial assets and financial institutes.
ROSSIA Insurance Company is a member of a row of insurance and trade associations and industrial groups, such as: All-Russian Insurance Association (ARIAS), International Transport Bureau (ITB), Russian Motor Insurers Union, Russian Anti-Terrorism Insurance Pool (RATIP), Association of Fuel and Energy Insurers, Agropromstrakh, Russian Grain Union, Association of Russian Leasing Companies, Association of Aviation and Space Insurers of Russia, Moscow Association of Technical Service Enterprises, Russian Builders Union.
In 2002 Russian rating agency (Expert RA) awarded ROSSIA IC (and updated this rating in 2003, 2004, 2005, 2006 and 2007) with A+ rating. The year of 2007 was the first time when ROSSIA IC got the financial stability rating of international rating agency Fitch Ratings. In 2009 it was updated as «B-» on international scale and «BB-(rus)» on national scale. The year of 2004 was marked by participation in “Brand of the Year/EFFIE 2004” competition, when ROSSIA IC was declared to be the golden laureate in “Financial organizations. Products and Services” category. ROSSIA IC of 2004 was also declared to be the laureate of “Golden Salamander”, the first Russian public premium in insurance sphere, “Contribution to the development of insurance culture in Russia” nomination; and leader in “Unique technologies in mortgage insurance” nomination in bank rating of insurance companies of BANK REVIEW magazine.
ROSSIA IC is a universal insurance company providing wide range of insurance services both to legal entities and natural persons, its product line amounts to over 100 kinds of insurance products. The Company is licensed for 74 types of insurance, the main being: legal entity and natural person’s property insurance, transport insurance, cargo insurance, agricultural risks insurance, different types of third party and professional liability insurance, life insurance, including accident and diseases insurance, voluntary medical insurance, insurance against emergency medical expenses of persons traveling abroad, compulsory motor third party liability insurance and others.
In its business activity ROSSIA Insurance Company pays special attention to reinsurance protection of its insurance portfolio. ROSSIA partners the top reinsurance companies with high international credit rating; such cooperation enabled the Company to achieve results highly appraised by Fitch rating agency. As an example of such fruitful cooperation one may mention property reinsurance contract, concluded with such companies as Swiss Re, Gen Re, Hannover Re, SCOR, QBE, LF, etc. Aggregate liability limit under the contract amounts to USD 35 mio. Apart from dynamic reinsurance activity abroad, mostly connected with or related to high risks insurance, the Company also cooperates with Russian insurance and reinsurance companies.
Regional network of ROSSIA nowadays includes 340 branches and agencies in major cities of the Russian Federation, namely Moscow, Saint-Petersburg, Novosibirsk, Cheboksary, Krasnodar, Kazan, Ufa, Kaliningrad, Rostov-on-Don, Tyumen, Novosibirsk, etc. In all regional branches of the Company the clients may expect the full range of insurance products together with high level of client servicing. Apart from active promotion of standard insurance programs, individual contracts with unique insurance terms and conditions are concluded, meeting clients’ wishes and expectations.
Based on combination of high professionalism, wide experience and individual approach-oriented flexible strategy, ROSSIA of today maintains business relations with tens of thousands of individuals; hundreds of leading Russian and foreign enterprises and organizations: Alfa Bank, Promsvyazbank, Rosbank, IMB ZAO, Rosevrobank, Metropol hotel, Adyggas OAO, Kocak Yatirim Insaat Sanayi Turizm Nakliyat ve Ticaret Anonim Sirketi, BorisHof Company, World Class, Pension Fund of the Russian Federation, Shell, Boeing Russia, Major, Izh-Umirs, TEPLOOBMENNIK Company, Ericsson Corporation AO, KROST Building Group, GALAKTIKA ÎÎÎ, Euromedservice ZAO, Mail Order Service ZAO, Banking Information Systems Company, Novorossiysk Commercial Sea Port OAO, NEZAVISIMOST Group, Planeta Fitness Spb, etc.