GROSS INSURANCE increases its authorized capital to 35.2 billion soums
The size of the authorized capital is one of the main indicators of the insurer's solvency and financial stability, which in turn affects the confidence in it, and is also an indicator of the level of capitalization and the ability to take large risks for insurance. In 2019, the company was assigned a rating at the uzA ++ level (the highest level of reliability) from the RA Ahbor-rating.
This change in the authorized capital meets the requirements of the presidential decree "On measures to reform and ensure the accelerated development of the insurance market of the Republic of Uzbekistan" dated August 2, according to which, until 2022, the minimum authorized capital of insurance companies will be increased in two stages. In particular, the minimum amount of the authorized capital of companies specializing in the general insurance industry must be at least an amount equivalent to 35 billion soums. This will become possible due to the gradual increase in the minimum size of the "charter" of insurance organizations in 2020-2022. (see PP-4412 dated 2.08.2019).
GROSS INSURANCE has become one of the three leading insurance companies in Uzbekistan and has strengthened its position in the national insurance market. For eight years of activity, the company has provided quality services to more than 2 million policyholders and insured persons under 2.6 million insurance contracts with obligations of more than 400 trillion soums.
The company settled 14 thousand insured events and paid more than 60 billion soums. More than 100 branches operate throughout the republic, providing more than 100 types of insurance products. The most popular of them: property insurance, liability, financial risks, vehicles, accident insurance. It also includes all types of compulsory insurance, including compulsory civil liability insurance of vehicle owners, compulsory employer's civil liability insurance, compulsory civil liability insurance for causing harm to life, health, and (or) property of other persons and the environment in the event of an accident at the hazardous production facility, compulsory insurance of civil liability of the carrier.
The GROSS INSURANCE company has in its arsenal a large package of effective and cost-effective insurance programs for clients of various business areas, including large national enterprises and organizations, international companies, banks, and financial organizations. In particular, Uzbekiston Temir Yullari, LUKOIL Uzbekistan Operating Company, Fergana Oil Refinery, Enter Engineering PTE. Ltd., ERIELL GmbH, Universal Mobile System (UMS) LLC, MAN Auto-Uzbekistan, Bayer Representative Office Pharma AG, PricewaterhouseCoopers, JV AWP LLC, Great Silk Road Servis LLC, Orient Finans Bank, Uzpromstroybank, National Bank for Foreign Economic Activity of the Republic of Uzbekistan and many others.
Clients are provided with round-the-clock service support seven days a week in the "24/7/365" mode using a single short number 1166, where operators will answer all questions related to the provision of insurance services, provide support in the event of an insured event, help to choose the optimal insurance program, calculate its cost, renew the insurance policy, and also learn about the results of the examination of the insurance claim.
You can become a client of the company online by following the link on the website: www.gross.uz
Customer support center single phone number: 1166