TAS Insurance Group

What TAS Insurance Group does

TAS Insurance Group (Страхова група «ТАС») is a Kyiv-headquartered Ukrainian non-life insurance carrier founded in 1998 and operating as a subsidiary of the diversified TAS Group conglomerate. The company offers 60+ insurance products across auto (MTPL/ОСЦПВ, Green Card, KASKO variants including a war-risk vehicle product), property, health, travel, mortgage, and corporate lines, serving both individual retail customers and business/corporate clients. It is positioned as the #1-ranked insurer in Ukraine, serving over 1.6 million customers through a multi-channel distribution model that combines 100+ partner network offices across all 24 regions, online self-service, a 24/7 contact center, agents, and embedded partnerships with PrivatBank, OTP Leasing, and other financial institutions.

The company generates revenue through risk-based insurance premiums on policies sold across its product portfolio, with gross premium collection exceeding 3.15 billion UAH in the first five months of 2025 and 758 million UAH in May 2025 alone. It operates under an NBU license (reissued 23.04.2024) and holds a leadership position in 16 of 24 Ukrainian regions. The product portfolio is broad but anchored in auto insurance, with specialization in MTPL and Green Card where the company has held consecutive market leadership. Recent activity includes an opportunistic portfolio acquisition (ST Garantia) and the launch of a war-era military auto protection product, indicating adaptive product development in response to Ukraine's operating environment. The underlying technology stack is not disclosed as proprietary; the company relies on standard digital channels (website, Telegram/Viber chatbots, online calculators) and a relatively new IT leadership function appointed in March 2024.

Name

TAS Insurance Group

Legal name

Страхова група «ТАС» (STRAKHOVA Hrupa «TAS»)

Website

https://sgtas.ua

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

TAS Insurance Group is a Kyiv-based Ukrainian non-life insurer offering 60+ auto, property, health, travel, and corporate insurance products to over 1.6 million customers through 100+ partner offices, bank partnerships, and online channels, and is ranked #1 in Ukraine.

Ownership category

akta.pro rank

Product category

Insurance

NAICS

Direct Property and Casualty Insurance Carriers (524126), Direct Insurance (except Life, Health, and Medical) Carriers (52412), Direct Health and Medical Insurance Carriers (524114), Insurance Carriers (5241)

SIC

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

akta.pro primary industry

Product Liability (FSAJADAC)

akta.pro secondary industry

Umbrella & Excess Liability (Fleet/Transportation) (TLABANAG)

Keywords

• Auto insurance
• Property insurance
• Health insurance
• Corporate insurance
• Travel insurance

Headquarters

HQ city

Kyiv

HQ country

Ukraine

HQ region

Europe

Offices24 records

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: The primary revenue stream is insurance premiums collected from policyholders across various insurance products including auto insurance (MTPL, Green Card, CASCO), property insurance, health insurance, travel insurance, and business insurance. The company collected over 3.15 billion UAH in premiums during the first five months of 2025, with May 2025 alone generating 758 million UAH in premiums.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

TAS Insurance Group is a Ukrainian insurance company that sells over 60 insurance products to individual consumers and businesses, spanning auto insurance (MTPL, Green Card, KASKO including war-related vehicle coverage), property insurance, health and personal accident insurance, travel insurance, mortgage insurance, and corporate insurance (cargo, business property, employee protection, customs guarantees, nuclear facility operator, notary liability, transport). The company collects insurance premiums and pays out claims through a multi-channel distribution model across Ukraine.

Product overview

TAS Insurance Group (Страхова група «ТАС») is a leading Ukrainian insurance company operating for 27 years with over 1.6 million clients. The company offers more than 60 distinct insurance products organized across two main client segments: individual consumers (Для вас) and corporate/business clients (Для бізнесу). For individuals, the portfolio centers on auto insurance (ОСЦПВ mandatory civil liability, Green Card international coverage, and voluntary KASKO products including Євро КАСКО 5*, Повний автозахист, and Військовий автозахист for war-related vehicle damages), property protection (Повний Житлозахист, Класичне майно), health and personal accident coverage (ТАС-Захист здоров'я, TAS-Doctor, ТАС-Персональний, Приватбанк особистий захист), and travel insurance (ТАС-Travel, ТАС-Мандри, ТАС-Мандри-Захист). For corporate clients, offerings include cargo insurance (ТАС-Вантаж), property and liability coverage (Повний бізнес-захист, ТАС-Митні гарантії, ТАС-Нотаріуси, ТАС-Відповідальність, Небезпечні вантажі, Небезпечні об'єкти), nuclear facility operator insurance, employee protection (medical insurance, accident coverage, illness insurance), and transport insurance (auto, railway, and complex leasing arrangements with ОТП Лізинг). Mortgage products (Іпотека Стандарт, Приватбанк Іпотека) and niche products (ТАС-Зброя weapon insurance, ТАС-Кредитний захист credit protection) round out the portfolio. The company distributes through an extensive partner network across all regions of Ukraine and offers online policy purchasing through its website.

Differentiator

Problem solved

Functional benefit

Products and services

• Avtotsivilka (MTPL) (Автоцивілка ОСЦПВ)

Quantifiable outcome

• Over 3.15 billion UAH in premiums collected in first 5 months of 2025
• +3 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core and minor.

• PrivatBank (ПриватБанк)coreChannel Partner/ Reseller/ DistributorMajor banking partner for embedded insurance products including PrivatBank Personal Protection, PrivatBank Mortgage, PrivatBank Guarantee, and PrivatBank-specific insurance products. Products are distributed through PrivatBank branches and channels.
• Financial Group TAS (Фінансово-промислова Група "ТАС")coreStrategic or Co-development PartnerPart of the powerful financial-industrial TAS Group. The insurance company is closely integrated with other TAS Group companies and shares brand recognition and distribution synergies with the broader financial group.
• Multiple Car Dealerships and СТО PartnerscoreChannel Partner/ Reseller/ DistributorPartnership with hundreds of authorized car dealerships (KIA, Toyota, Mercedes-Benz, Volkswagen, Skoda, Nissan, Hyundai, Ford, and many others) and independent service stations across Ukraine for auto insurance claims processing and repairs.
• Reinsurance Partners (Перестраховики)coreTechnology or IntegrationReinsurance partnerships for risk distribution and capacity enhancement. Listed on the company website as a partner category.
• Medical Institutions (Медичні заклади)coreChannel Partner/ Reseller/ DistributorNetwork of medical facilities for health insurance claims processing and medical assistance services. Listed as a partner category on the company website.
• Pharmacy Partners (Аптеки)minorChannel Partner/ Reseller/ DistributorPharmacy network for health insurance prescription coverage and medication access. Listed as a partner category.
• Gas Station Partners (АЗС)minorChannel Partner/ Reseller/ DistributorFuel station partners potentially offering travel or auto insurance products. Listed as a partner category.
• Travel Companies (Туристичні компанії)coreChannel Partner/ Reseller/ DistributorTravel agency partners for travel insurance distribution. Listed as a partner category on the company website.
• Bank Partners (Банки)coreChannel Partner/ Reseller/ DistributorMultiple bank partners beyond PrivatBank for embedded insurance products. Listed as a partner category on the company website.
• Insurance Agents (Агенти)coreChannel Partner/ Reseller/ DistributorNetwork of independent insurance agents selling TAS insurance products across Ukraine. Listed as a partner category.

Scale indicators12 records

Recent moves7 records

Expansion highlights5 records

Emerging players

• MetLife Ukraine: Ukrainian operation of MetLife focused primarily on life insurance with some health offerings. Comparable as a foreign-affiliated Ukrainian insurer, though product mix skews more toward life than TAS's P&C emphasis.

Direct peers

• ARX (formerly AXA Insurance Ukraine): One of Ukraine's largest multi-line insurance carriers offering auto, property, health, and corporate coverage through a similar agent and bank-partnership distribution model. Directly comparable in product breadth and target customer segments.
• UNIQA Ukraine: Ukrainian subsidiary of Austrian insurer UNIQA Group offering P&C, health, and life insurance with similar agent network distribution. Comparable in multi-line product strategy and retail/corporate dual focus.
• INGO Insurance: Major Ukrainian insurer with focus on corporate, aviation, marine, and complex commercial risks. Comparable in serving both retail and large corporate customers with a broad agent and broker network.
• Oranta: One of the oldest Ukrainian insurers offering a wide range of voluntary and compulsory insurance products including auto, property, and health. Directly comparable in nationwide multi-line offering and agent distribution.
• Alfa Insurance Ukraine: Ukrainian insurance arm of Alfa Group offering P&C, health, and travel insurance. Comparable in leveraging banking group partnerships (Alfa-Bank) for embedded distribution, similar to TAS's PrivatBank channel.
• PZU Ukraine: Ukrainian arm of Polish insurance leader PZU offering auto, property, and corporate insurance. Comparable in P&C product mix and the need to balance standardized group products with local Ukrainian market requirements.

Regional players

• OTP Insurance (OTP Group Ukraine): Insurance affiliate of OTP Bank in Ukraine offering primarily credit-linked and consumer insurance products. Comparable as a bank-embedded insurance distributor in the Ukrainian market.

Others

• PrivatBank (as captive channel competitor): While not a direct peer, PrivatBank is both TAS's largest distribution partner and a potential competitor should it in-source insurance. Relevant context for assessing channel dependency risk and embedded insurance economics.

Broad incumbents

• Allianz Ukraine: Subsidiary of global insurance giant Allianz offering P&C and life products in Ukraine. Comparable as a multi-line insurer but with substantially broader international balance sheet backing and more limited Ukraine-specific product adaptation.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/TAS.Insurance.Group

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

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 TAS Insurance Group