Absolute Insurance Ltd is a member of ABSOLUTE Group. Absolute Insurance Ltd (The Information Insurance Company Euro-Policy Limited) was set up in 1992 and now is a multiline insurer. Assets of the Company amount to RUB 3.8 billion, own funds – more than RUB 1 billion, share capital – more than RUB 1 billion. At the end of 2016 gross premium written exceeded RUB 3.1 billion, which is by 22% more than those of the previous year.
In 2016, RAEX (Expert RA group of rating agencies) affirmed the Company rating at A+ (Very High Level of Reliability) with outlook “Stable”. The rating sublevel was raised up to the first.
Absolute Insurance Ltd has an extensive branch network with representative offices in 14 economically advanced regions of the Russian Federation.
Rewards and certificates
• Absolute Insurance Ltd won the Finansovaya Elita Rossii (Financial Elite of Russia) prize in the Dinamika Razvitiya (Dynamics of Development) category. The Company specializes in voluntary insurance lines and has shown the sustainable development over the last five years.
• Absolute Insurance Ltd was named commercial real estate insurance company of the year at the Safety Leaders Award 2016. At the end of 2015, the total area of commercial real estate insured by the Company exceeded 5 million square meters. The insurance cover owners of business quarters, business centres and shopping complexes.
• Absolute Insurance Ltd received ISO 9001-2015 quality management certificate, certifying that the quality management system meets the requirements of ISO 9001-2015 (ISO 9001:2008) in terms of the provision of non-life insurance services.
Absolute Insurance Ltd is accredited to professional unions and associations. It is:
• a member of the All-Russia Union of Insurers,
• a member of the Russian Association of Motor Insurers
• a member of the National Association of Liability Insurers
• a member of the Gildia Ekspeditorov (Freight Forwarders Guild) Non-Profit Partnership
• an associated member of the Coordinating Council on Trans-Siberian Transportation
• a member of the Chamber of Commerce and Industry of the Rostov region
• an associated member of the Federation of Restaurateurs and Hoteliers
The Absolute Insurance Ltd reinsurance provide both obligatory and facultative protection of its insurance portfolio. As of today, Absolute Insurance Ltd has the following obligatory reinsurance agreements:
1. Property and Engineering Business Treaty with total capacity of RUB 2,500,000,000.00 per risk and priority (self-retention) of RUB 15,000,000.00.
2. Marine and Cargo Treaty with total capacity of RUB 450,000,000.00 per risk and priority (self-retention) of RUB 20,000,000.00.
3. Combined Personal Accident and Title Treaty with total capacity of RUB 60,000,000.00 per risk and priority (self-retention) of RUB 2,000,000.00.
The leader of all reinsurance treaties is Hannover Rückversicherung AG (Hannover Re) with the AA- long-term financial reliability rating of Standard & Poor’s.
The Company’s business is based on the principles of transparency and maximum attention to each customer’s needs. In the existing insurance market environment, the Company strives to provide the ultimate level of comfort to those who entrust us with the protection of their business, starting from the quality of services provided and ending with the excellent performance of obligations assumed. The customers of Absolute Insurance Ltd include enterprises and organizations of various patterns of ownership, conducting their business in various fields of economy, individual entrepreneurs and private persons. The Company was among the first in Russia to offer specialized products for hospitality business and elite housing.
The range of insurance programs of the Company includes dozens of options and our specialists are ready to provide an individual offer to any customer. Absolute Insurance Ltd has a vast experience in the insurance business and always offers the most comprehensive protection to its customers with due regard for their interests and needs.
You are kindly welcome to visit the Company’s website, providing all necessary information of major lines of business to both corporate and private customers. If you have any questions or requests, feel free to contact the staff of Absolute Insurance Ltd online and have a personal advice.
Headquarters: 115280 Moscow, Leninskaya Sloboda street, 26, phone No.: (495) 987-18-38, email address: email@example.com
• Experience. We are active on the insurance market since 1992.
• Reliability. A+ reliability rating
• Confidence of leading companies
• Extensive branch network
• Sustainable growth
• High quality standards
• Affordability and publicity
• Innovations and advanced technologies
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