What Kapital Sug'urta does

KAPITAL SUG'URTA is a Tashkent-headquartered joint-stock insurance company (AO) founded in 1991, operating exclusively within Uzbekistan under the post-2021 Insurance Activity Law (ORQ-730). It serves both individuals (B2C) and legal entities (B2B) through a portfolio of 22+ insurance products spanning auto (Kasko, Kasko Green, Auto Lux, Auto Gazbalon, OSAGO/TVEJMSQ), property (Kapital xonadon, Kapital uy, Kapital mulk, Yashil uy), health (MED ONLINE telemedicine, voluntary medical), travel (Sayohat, SAFAR+), personal (accident, sports, document), liability (OSGOR, OSGOP, broker liability), and commercial lines (cargo, construction, machinery, electronic equipment, mortgage, hazardous facilities, professional liability). The product mix includes both government-mandated compulsory lines (OSAGO, OSGOR, OSGOP, construction risk, hazardous facilities) and voluntary lines, generating premium revenue across individual and corporate segments.

The company's underlying technology stack consists of an in-house insurance platform enabling online policy issuance, claims management, and customer support through a website (kapitalsugurta.uz, available in Uzbek, Russian, English), a Telegram bot (t.me/ks_robot) capable of issuing policies in one minute, and dedicated iOS/Android mobile applications (Google Play ID uz.kapitalsugurta.kapital_klient; App Store ID 6450005582). Operational quality is certified under ISO 9001:2015, and the company holds an AAA reliability rating and a uzAA financial stability rating from SNS Ratings. Distribution is multi-channel: 61 branches and 200+ employees across Uzbekistan, supplemented by a field agent network, a call center (71200 11 00 / +99871 200 1100), and the digital channels described above. The business model is subscription/recurring premium revenue with one-year policy cycles, with loss-disbursement scale of 212+ billion UZS in 2025.

Name

Kapital Sug'urta

Legal name

AO "KAPITAL SUG'URTA" (Aktsionernoye Obshchestvo "KAPITAL SUG'URTA")

Website

https://kapitalsugurta.uz

Company type

Public

Founded year

1991

Operating status

Operating

Headcount range

11–50 employees

Short description

Kapital Sug'urta is a Tashkent-based joint-stock insurance company, founded 1991, offering 22+ auto, property, health, travel, and liability products to individuals and businesses across Uzbekistan via 61 branches and digital channels.

Ownership category

akta.pro rank

Product category

General Insurance

NAICS

Direct Property and Casualty Insurance Carriers (524126), Direct Health and Medical Insurance Carriers (524114)

SIC

Fire, Marine & Casualty Insurance (6331), Accident & Health Insurance (6321)

akta.pro primary industry

Mid-Market Commercial Package (Package Policies) (FSAJAFAB)

akta.pro secondary industry

Commercial Package / Business Owners Policies (BOP) (FSAJAMAG)

Keywords

• General insurance services
• Auto insurance
• Property insurance
• Liability insurance
• Health insurance

Headquarters

HQ city

Tashkent

HQ country

Uzbekistan

HQ region

Asia

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. Insurance Premium Revenue: KAPITAL SUG'URTA generates revenue primarily through collecting insurance premiums from policyholders across multiple insurance lines including auto (Kasko, Auto Lux, TVEJMSQ/OSAGO), property (Kapital xonadon, Kapital uy, Kapital mulk), personal (accident, travel, sports, MedOnline), and liability insurance (OSGOR, OSGOP, broker liability). Both one-time annual policies and recurring annual renewals contribute to revenue.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Kapital Sug'urta is a Uzbekistan-based insurance company offering 22+ types of insurance products across auto, property, health, travel, accident, liability, cargo, construction, machinery, electronic equipment, and renewable energy lines. The company serves both individuals (B2C) and legal entities/businesses (B2B) with both mandatory and voluntary coverage, distributed through 61 branches, a website, a Telegram bot, and mobile applications.

Product overview

KAPITAL SUG'URTA is a comprehensive insurance company offering over 22 types of insurance products for individuals and legal entities across Uzbekistan. The product portfolio is organized into: (1) Auto insurance including Kasko, Kasko Green, Auto Lux, Auto Lux Green, and Avto Gazbalon with compulsory OSAGO; (2) Property insurance including Kapital xonadon, Kapital mulk, Kapital uy, and Yashil uy; (3) Health insurance with MED ONLINE telemedicine and voluntary medical insurance; (4) Travel insurance including Sayohat and SAFAR+; (5) Personal insurance covering accidents, sports (Sportchi), and personal documents (Shahsiy hujjat); (6) Liability insurance including OSGOR, OSGOP, and customs broker liability; (7) Business insurance for property, cargo, construction risks, machinery, and electronic equipment; (8) E-Elektronika gadget insurance; (9) Renewable energy equipment insurance; and (10) Digital platforms including mobile app and Telegram bot for policy management and claims filing. The company provides both online and offline policy purchase options across 61 branches throughout Uzbekistan.

Differentiator

Problem solved

Functional benefit

Products and services

• Kasko Vehicle Insurance

Quantifiable outcome

• 212+ billion UZS in insurance payouts for 2025
• +1 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 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.

• SNS RatingsminorOthersSNS Ratings is the credit rating agency that assigned KAPITAL SUG'URTA both the AAA reliability rating and the uzAA financial stability rating on the national scale. This is a third-party assessment partnership providing independent credibility validation.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• AlfaStrakhovanie: Major Russian multi-line insurer with diversified portfolio across voluntary health, auto, property, and corporate lines, including bundled banking-insurance distribution. Comparable in product breadth and in serving both individual and corporate segments.
• SOGAZ: Russia's largest insurer by assets, offering a comprehensive multi-line portfolio with particular strength in corporate and mandatory lines. Comparable as a benchmark for capturing large-account and compulsory-insurance share in a single national market.
• RESO-Garantia: Top-tier Russian multi-line insurer known for strong retail auto and property distribution, multi-channel sales, and digital platforms. Closest analogous competitor in terms of combining physical branch network with digital distribution.
• Rosgosstrakh: Major Russian multi-line insurance incumbent with extensive branch network and broad product portfolio analogous to Kapital Sug'urta's mass-market retail plus corporate model. Provides scale and distribution benchmark for a multi-line carrier in a CIS emerging market.
• INGO Insurance (INGOSSTRAKH): One of the largest Russian multi-line insurers with broad product portfolio across property, casualty, auto, health, and corporate lines and historical CIS regional presence. Useful broader incumbent benchmark for product breadth, pricing, and underwriting standards in the post-Soviet insurance landscape.

Direct peers

• UzAgroSug'urta: One of the largest Uzbek multi-line insurance carriers with comparable nationwide distribution and product portfolio spanning auto, property, agricultural, and corporate insurance. Closest direct competitor among private/state hybrid insurers in Uzbekistan.
• O'zbekinvest: State-owned multi-line insurance company operating in Uzbekistan with a comparable portfolio of mandatory (OSAGO, OSGOR, OSGOP) and voluntary insurance products for individuals and legal entities. Direct head-to-head competitor in the same regulatory and market context.
• Kafolat: Major Uzbek state-owned multi-line insurer offering similar product breadth across auto, property, health, and liability lines for individuals and businesses. Competes directly with Kapital Sug'urta in mandatory and voluntary insurance categories.

Regional players

• Halyk Insurance (Halyk Bank group): Kazakhstan-based multi-line insurer with bancassurance distribution through Halyk Bank and a comparable mixed individual/corporate product portfolio. Provides a Central Asian regional benchmark for multi-line carrier economics.
• Kompanion Insurance: Kyrgyzstan-based multi-line insurer operating in a similar post-Soviet emerging market regulatory environment with comparable mandatory/voluntary product mix. Useful for benchmarking unit economics and growth trajectories of multi-line carriers in Central Asia.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/Kapital_Sugurta
• Facebookfacebook.com/KapitalSugurta.uz
• LinkedInlinkedin.com/company/kapital-sugurta

Compliance2 records

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 Kapital Sug'urta