Renaissance Insurance

What Renaissance Insurance does

Renaissance Insurance (Ренессанс страхование), legally structured as PAO "Группа Ренессанс Страхование," is a Moscow-headquartered universal insurance company founded in 1997 and operating primarily in the Russian market with a limited Belarusian extension via its Blue Card product. The company serves a 5M+ customer base and ranks 5th by size of insurance business in Russia, with a leading 60% share in the car-sharing insurance segment. Its product portfolio spans auto insurance (KASKO, OSAGO, OSGOP Taxi, Blue Card), property insurance (mortgage, apartment, house), voluntary health insurance (DMS for adults and children, telemedicine), travel insurance (international, domestic, flight delay, active recreation), accident insurance (general, athletes, children, tick bite), corporate lines (fleet, property, business interruption, construction, dangerous facilities liability, professional liability, critical illness), and a savings/investment shelf under RenLife (Cashback 34, Profitable Start, Trend 365, Financial Support).

The platform architecture centers on a digital-first distribution layer — a proprietary mobile application, an online self-service portal at lk.renins.ru, an OSAGO aggregator, and a hotline-supported call center — overlaid with a licensed agent network using CRM, dashboards, and electronic document signing. Underwriting is quote-based and segmented by driver age, accident history, vehicle characteristics, and the KBM bonus-malus coefficient; pricing is individualized rather than tiered. Marketing and retention rely on the Renaissance Plus loyalty program (up to 50% cashback, points for safe driving and reviews, 400 bonus points for app install, 1,400 for registration) and a referral program paying up to 5,000 rubles per successful KASKO/OSAGO referral. Distribution is hybrid, with self-service, inside sales (call center 8 800 333-88-00), channel partners, and B2B channels such as the fleet2click.ru corporate auction platform.

Revenue is generated through premium-bearing insurance lines (auto, property, health, travel, accident, corporate) and fee/return-bearing savings products; an investor relations portal covering strategy, financial reporting, dividends, analyst coverage, and IPO disclosures indicates active public-market positioning. The company holds a Stable outlook RuAA rating from the Russian Association of Actuaries and is supported by 501-1,000 employees.

Name

Renaissance Insurance

Legal name

ПАО «Группа Ренессанс Страхование»

Website

https://renins.com

Company type

Public

Founded year

1997

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Renaissance Insurance is a Moscow-headquartered universal insurance company, founded in 1997, serving 5M+ retail and corporate customers across Russia with auto, property, health, travel, accident, and savings products via digital and agent channels.

Ownership category

akta.pro rank

Headquarters

HQ city

Moscow

HQ country

Russia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Auto Insurance (KASKO and OSAGO): Core revenue stream from mandatory civil liability insurance (OSAGO) and voluntary vehicle insurance (KASKO) for individuals and corporate fleets.
2. Property Insurance: Homeowners, apartment, and mortgage insurance products covering fire, water damage, theft, and liability to neighbors.
3. Health Insurance (DMS): Corporate voluntary medical insurance providing access to commercial and state clinics without queues for employees.
4. Travel Insurance: International and domestic travel insurance covering medical emergencies, trip cancellations, and flight delays.
5. Accident Insurance: Personal accident coverage for treatment, medication purchases, and rehabilitation.
6. Life Insurance and Savings Products: NSC (Накопительное страхование жизни) products including 'Выгодный старт' (18% annual return over 3 months), 'Cashback 34%', 'Trend 365', and 'Financial Support' products sold through shop.renlife.ru.
7. Corporate/B2B Insurance: Fleet insurance, professional liability, cargo insurance, dangerous objects liability for business clients.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels6 records

Core offering

Renaissance Insurance is a universal Russian insurance company that sells insurance and savings products directly to individual consumers and corporate clients. Its portfolio covers voluntary auto insurance (KASKO), mandatory auto liability (OSAGO, OSGOP Taxi, Blue Card), property insurance (apartment, house, mortgage), voluntary health insurance (DMS) and accident insurance, travel insurance, pet insurance, corporate fleet and liability coverages, and life insurance and savings products. Distribution is digital-first through the renins.ru website, a mobile application, an online self-service portal, a call center, and a licensed agent network, with a loyalty program offering up to 50% cashback.

Product overview

Renaissance Insurance (Ренессанс страхование) is a universal Russian insurance company offering a comprehensive portfolio of insurance and financial products. The core offering consists of vehicle insurance (KASKO, OSAGO, Blue Card, OSGOP Taxi), property insurance (mortgage, apartment, house), health insurance (DMS, accident, telemedicine), and travel insurance. The company also provides savings and investment products under sub-brands (Cashback 34, Profitable Start, Trend 365, Financial Support). For businesses, they offer corporate staff insurance, fleet insurance, property coverage, and various liability products. The Renaissance Plus loyalty program provides points-based rewards across the product portfolio. The company operates primarily in the Russian market, serving over 5 million clients with 28 years of market experience.

Differentiator

Problem solved

Functional benefit

Brands

• Ренессанс плюс (Renaissance Plus): Loyalty program offering up to 1400 bonus points for registration and up to 50% cashback on insurance policies
• Renika (Реника)
• Синяя карта (Blue Card)

Products and services

• KASKO Auto Insurance (Каско) Voluntary comprehensive vehicle insurance for individual and corporate vehicle owners covering theft, damage, total loss, parking damage, fire, natural disasters, and accidents. Optional GAP coverage available to insure full vehicle value without depreciation.
• OSAGO Mandatory Auto Liability (ОСАГО) Statutorily required civil liability insurance for vehicle owners covering damages to third-party vehicles, property, and injuries to other road users.
• Blue Card (Синяя карта) OSAGO-style liability coverage for vehicles with Russian registration traveling to Belarus, with terms from 15 days to 1 year.
• OSGOP Taxi (ОСГОП такси) Mandatory civil liability insurance for passenger transport operators of light taxis, compliant with new Russian legislation effective September 1, 2024.
• Mortgage Insurance (Ипотека) Insurance coverage for mortgage holders protecting the insured mortgaged property and the borrower's liability.
• Apartment Insurance (Квартира) Property insurance covering damages from fire, water damage, and theft to the insured apartment, plus liability for harm caused to neighbors.
• House Insurance (Дома) Insurance coverage for residential houses to help avoid significant expenses after incidents such as fire, water damage, and theft.
• Travel Insurance Abroad (Выезд за рубеж) International travel insurance covering unexpected medical and travel-related expenses during trips outside Russia.
• Travel Insurance Within Russia (По России) Domestic travel insurance covering unexpected expenses during trips within Russia.
• Accident Insurance (Несчастный случай) Personal accident coverage providing payments for treatment, medication purchases, and rehabilitation following accidents.
• Athlete Accident Insurance (Спортсменам) Accident insurance for athletes covering injuries sustained during training or competitions.
• Children Accident Insurance (Несчастный случай для детей) Accident insurance for children providing protection against injuries during play, walks, and sports activities.
• Tick Bite Insurance (Антиклещ) Additional protection coverage in case of tick bites, providing comprehensive preparedness for outdoor activities.
• DMS for Adults (ДМС для взрослых) Voluntary health insurance (DMS) for adults providing quality medical care at convenient times without queues in commercial and state clinics.
• DMS for Children (ДМС для детей) Voluntary health insurance (DMS) for toddlers and teenagers providing comprehensive medical services.
• Pet Insurance (Страхование животных) Insurance coverage for pets providing 24/7 support from veterinarians for treatment, diagnostics, and care.
• Cashback 34 (Кешбэк 34) Life insurance savings product where users make an annual contribution and receive 34% cashback on the contribution amount, sold through shop.renlife.ru.
• Profitable Start (Выгодный старт) Life insurance savings product offering an 18% annual return over a 3-month term, with life protection during the contract period, sold through shop.renlife.ru.
• Trend 365 (Тренд 365) Simple investment-style life insurance product with a 1-year term and a minimum contribution of 30,000 rubles, sold through shop.renlife.ru.
• Financial Support (Финансовая Опора) Life insurance savings product with income fixed for 5 years that remains unchanged even if the Bank of Russia key rate decreases, sold through shop.renlife.ru.
• Corporate Staff Insurance (Страхование сотрудников корпоративных клиентов) Corporate insurance solutions for employees including corporate DMS, accident coverage, and critical illness protection.
• Fleet Insurance (Автопарки) Insurance solutions for corporate vehicle fleets providing KASKO and OSAGO coverage, distributed via the B2B fleet2click.ru auto auction platform.
• Special Equipment Insurance (Спецтехника) Insurance coverage for special-purpose vehicles and equipment used in business operations.
• Cargo Insurance (Грузы) Insurance coverage for cargo during transportation and shipping operations.
• Corporate Property Insurance (Имущество компаний) Property insurance coverage for business assets, facilities, and physical premises.
• Business Interruption Insurance (Убытки от перерыва в деятельности) Insurance coverage for financial losses resulting from interruptions to business operations.
• Construction Insurance (Строительная деятельность) Insurance coverage for construction projects and related construction-phase risks.
• Dangerous Facilities Liability (Опасные объекты) Liability insurance for owners and operators of dangerous industrial facilities and operations.
• Civil Liability Insurance (Гражданская ответственность) General civil liability insurance coverage for businesses and individuals.
• Professional Liability Insurance (Добровольное страхование профессиональной ответственности) Voluntary professional liability insurance for various professional categories.
• Product Quality Liability (Ответственность за качество продукции) Insurance coverage for liability arising from product quality issues.
• Critical Illness Insurance for Corporations (Критические заболевания) Corporate insurance coverage providing benefits to employees diagnosed with critical illnesses.
• International Medical Insurance (Международное медицинское страхование) International health insurance for corporate employees who travel or work outside Russia.
• Renaissance Plus Loyalty Program (Ренессанс плюс) Standalone loyalty platform rewarding customers with up to 1,400 bonus points at registration and up to 50% cashback on insurance policies, redeemable for insurance discounts, medical tests, expert consultations, and priority service.

Quantifiable outcome

• 60% market share in car-sharing insurance segment
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• fleet2click.ruminorChannel Partner/ Reseller/ DistributorB2B auto auction platform partnership for corporate fleet insurance sales. Corporate clients can access fleet insurance products through the auction platform.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Energogarant: Mid-sized Russian insurer with corporate and retail lines; comparable multi-line profile, primarily competing in property, liability, and corporate auto with Renaissance in B2B segments.
• MAKC (IC MAX): Russian insurer with strong regional roots in the Volga and Central regions, offering a comparable universal product mix — a regional peer in terms of product profile even if it has limited Moscow overlap.

Broad incumbents

• SOGAZ: Russia's largest insurer, state-affiliated, with a dominant position in corporate and group lines; competes with Renaissance across P&C and health, but with a fundamentally different state-backed capital base.
• Rosgosstrakh: Historically dominant Russian insurer with broad auto and property lines; while a legacy player, it competes directly with Renaissance in the mass-market retail auto and property segments.

Direct peers

• AlfaStrakhovanie: Major universal Russian insurer (part of Alfa Group) with overlapping auto, property, and health offerings; one of Renaissance's closest mid-market competitors with similar digital and agent strategies.
• Ingosstrakh: Top-5 Russian insurer with comparable multi-line portfolio (auto, property, liability, travel) and a long-established agent network — a direct peer competing in the same retail and corporate channels.
• RESO-Garantia: One of the largest private multi-line Russian insurers, offering auto, property, health, and life products through both digital and agent channels — direct head-to-head competitor to Renaissance in retail and SME segments.
• VSK Insurance: Large multi-line Russian insurer covering auto, property, health, and accident lines with both online and agent distribution — a comparable universal competitor in Renaissance's retail and SME segments.

Emerging players

• СберСтрахование (Sberbank Insurance): Digital-first insurance subsidiary of Sberbank with rapid retail growth; competes with Renaissance in online auto, property, and life, leveraging Sber's massive customer base — an emerging digital threat in the same segments.
• Tinkoff Insurance (T-Insurance): Digital-native insurance arm of Tinkoff/T-Bank ecosystem, focused on auto, property, and travel sold online; a fast-growing digital-only competitor targeting the same direct-to-consumer customer Renaissance serves.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/renaissance-insurance

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Renaissance Insurance