VTB Insurance

What VTB Insurance does

VTB Insurance is a Russian diversified insurance company operating under the legal entity ООО СК «Газпром страхование» (LLC Insurance Company Gazprom Insurance), founded in 2000 and headquartered in Moscow. The company is a controlled subsidiary within the VTB Group financial ecosystem and offers a broad multi-line insurance portfolio spanning property, auto (including OSAGO and voluntary КАСКО), travel, life and health, accident, gadget, mortgage, and corporate insurance programs, with specialized products for segments such as Yandex Taxi drivers and tick-borne disease coverage. Customer segments include private individuals (primary), corporate clients, VIP clients, and foreign nationals, served through a hybrid distribution model combining a self-service corporate website (gazpromins.ru), toll-free and Moscow phone lines, email support, and direct corporate sales.

The company's product architecture is modular, with core insurance lines supplemented by an extensive ecosystem of wellness and lifestyle add-ons including personal doctor services, pediatric care, health management programs, premium clinic access, medical monitoring, legal consultation, and community mutual programs. Bundled packages such as Могу все! and МегаПолис target VIP and high-net-worth segments by combining multiple coverage types with extended benefits. Underlying technology is described as a standard insurance website platform supporting policy activation, policy management, claims event reporting, and online customer service, with no disclosed AI/ML, proprietary models, APIs, or SDKs. The business model is built on recurring insurance premium collection from individuals, corporates, and VIP customers, with pricing determined by individualized risk assessment rather than published tiers. Recent material events include a formal insurance portfolio transfer initiated in August 2023 and completed in October 2023, indicating ongoing structural rebalancing of the company's risk book.

Name

VTB Insurance

Legal name

ООО СК «Газпром страхование»

Website

https://vtbins.ru

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

VTB Insurance (Gazprom Insurance) is a Russian multi-line insurance company serving private individuals, corporate clients, and VIP customers with property, auto, travel, life, health, and mortgage products, distributed through the VTB Group banking ecosystem and direct digital channels.

Ownership category

akta.pro rank

Product category

Multi-line Insurance

NAICS

Direct Property and Casualty Insurance Carriers (524126), Direct Life, Health, and Medical Insurance Carriers (52411), Direct Health and Medical Insurance Carriers (524114), Finance and Insurance (52)

SIC

Insurance Carriers, Nec (6399), Fire, Marine & Casualty Insurance (6331), Life Insurance (6311), Accident & Health Insurance (6321)

akta.pro primary industry

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

akta.pro secondary industries

Commercial General Liability (CGL) (FSAJADAA), Commercial Auto & Fleet Insurance (FSAJAMAB), Individual Supplemental Health (Hospital Indemnity, Critical Illness, Accident) (FSAIAEAD)

Keywords

• Multi-line insurance
• Property insurance
• Travel insurance
• Corporate insurance programs
• Voluntary auto insurance

Headquarters

HQ city

Moscow

HQ country

Russia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Premiums: Collection of insurance premiums from private individuals, corporate clients, and VIP customers through various policy types including property, life and health, travel, and corporate programs.

Pricing tiers

Distribution channels3 records

Marketing channels4 records

Core offering

VTB Insurance (operating under the legal name ООО СК «Газпром страхование» / LLC Insurance Company Gazprom Insurance) is a Russian general insurance company offering a broad portfolio of personal, corporate, and VIP insurance products, including mandatory and voluntary auto insurance, travel insurance, property, life and health, accident, gadget, mortgage, and specialized mandatory lines (OSGOP, OSOPO), along with corporate insurance programs for businesses. The company operates on a recurring subscription model and serves private individuals, corporate clients, and VIP clients with tailored coverage and add-on health/assistance services.

Product overview

VTB Insurance (Gazprom Insurance, ООО СК «Газпром страхование») operates as a diversified insurance company offering a modular product architecture. The core offerings include property insurance (Защити жилье), auto insurance (Автострахование, ДКАСКО), travel insurance (Путешествие), life and health insurance (Страхование жизни и здоровья), and accident coverage (Несчастный случай). These are supplemented by an extensive ecosystem of health management add-on modules including Ваш личный доктор, Детский доктор, Управляй здоровьем, and medical programs like Отличная поликлиника and Медконтроль. The company also offers specialized niche products such as gadget insurance (Портативная техника), tick-borne disease coverage (Управляй клещом), Yandex Taxi driver insurance, and corporate insurance programs. For VIP clients and high-net-worth individuals, premium bundled packages like Могу все! and МегаПолис combine multiple coverage types with lifestyle services. The platform differentiates through wellness and prevention-focused products alongside traditional risk coverage.

Differentiator

Problem solved

Functional benefit

Products and services

• Auto Insurance (Автострахование)

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves6 records

Expansion highlights4 records

Direct peers

• VSK (VSK Strakhovanie): Top-10 Russian multi-line insurer with similar product mix across P&C, life, accident, and corporate programs targeting retail and SME customers.
• SOGAZ: Russia's largest insurer by premiums, offering property, auto, life, health, and corporate programs across the same multi-line architecture as VTB Insurance; both serve Russian retail, corporate, and VIP segments.
• AlfaStrakhovanie: Major Russian insurer affiliated with Alfa-Bank, providing the same banking-distribution cross-sell dynamic that VTB Insurance enjoys with VTB Group.
• Ingosstrakh: Diversified Russian carrier in P&C, accident, and corporate lines; directly competes with VTB Insurance for both retail and enterprise Russian customers.
• RESO-Garantia: Top-3 Russian multi-line insurer with similar auto (OSAGO/KASKO), property, health, and corporate offerings; comparable customer segments and distribution model.
• Rosgosstrakh: Historic Russian retail-focused insurer with national footprint in auto, property, and life insurance; comparable product breadth to VTB Insurance's individual segment.
• Renaissance Insurance: Russian multi-line insurer with strong retail auto and property franchise; competes in the same digital-distribution and price-sensitive customer segments as VTB Insurance.
• MAKC (Moscow Aviation Center): Russian insurer with diversified P&C and corporate programs; comparable footprint in the Moscow and federal corporate insurance market.
• SberInsurance (Sberbank Insurance): Insurance arm of Sberbank, offering retail and corporate coverage leveraging Sberbank's distribution — the most direct analog to VTB Insurance's VTB Group embedded-distribution model.

Emerging players

• Absolut Insurance: Mid-sized Russian insurer in auto, property, and accident lines; partial product overlap with VTB Insurance but at a smaller scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/vtbins
• Facebookfacebook.com/vtbins

Revenue estimate

Valuation estimate

Number of profiles

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 VTB Insurance