Centras Insurance

Name

Centras Insurance

Legal name

Акционерное общество «Страховая компания «Сентрас Иншуранс»

Website

https://cic.kz

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

101–250 employees

Short description

Centras Insurance is a Kazakhstan-based general insurance company founded in 1997, offering 60+ property, auto, health, and liability insurance products to 50,000+ businesses and 2+ million individuals via 23 branches and the kupipolis.kz digital platform.

Ownership category

akta.pro rank

Product category

General Insurance

NAICS

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

SIC

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

akta.pro primary industry

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

akta.pro secondary industries

Commercial General Liability (CGL) (FSAJADAA), Travel & Accident (Non-Life) Insurance (FSAJAMAN)

Keywords

• General insurance
• Property insurance
• Vehicle insurance
• Liability insurance
• Medical insurance

Headquarters

HQ city

Almaty

HQ country

Kazakhstan

HQ region

Asia

Offices19 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Premiums: Revenue generated from insurance premiums across various coverage types including property, vehicle, health, cargo, and liability insurance
2. Voluntary Insurance: Comprehensive business insurance package combining property, liability, and tenant coverage with annual subscription model
3. Compulsory Insurance: Mandatory insurance products including OS GPO VTS (compulsory motor liability) and other government-required coverage

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core offering

Centras Insurance is a Kazakhstan-based general insurance carrier that underwrites and distributes compulsory and voluntary insurance products — including vehicle, property, cargo, transport, health/medical, civil and professional liability, accident, tourist, and bundled SME coverage — to both corporate clients and private individuals. Policies are issued and serviced through branch offices, the corporate website cic.kz, the dedicated online portal kupipolis.kz, a contact center, and an agent network, supported by a proprietary IT-hub and the AIDA geolocation-based digital emergency assistance solution.

Product overview

Centras Insurance operates a diversified portfolio of over 60 insurance products and services delivered through multiple digital channels. The company offers both compulsory and voluntary insurance across major lines: vehicle insurance (КАСКО, mandatory OS GPO VTS, ДГПО), property insurance, cargo insurance, health/medical insurance (ДМС), liability insurance (ГПО, employer liability, tenant liability, professional liability), personal insurance (accident, tourist, home), and transport insurance (air, railway, water). Products are delivered through the primary website cic.kz and the dedicated online portal kupipolis.kz, supported by digital tools including policy verification, vehicle depreciation calculator, and Telegram customer support. The company's own IT hub enables rapid integrations with client systems. AIDA represents the company's geolocation-based digital emergency assistance product. The product portfolio serves both corporate clients (with dedicated business insurance programs like Свой бизнес Club) and individual consumers.

Differentiator

Problem solved

Functional benefit

Brands

• kupipolis.kz: Online portal for purchasing and managing insurance policies
• AIDA
• Свой бизнес Club

Quantifiable outcome

• 50,000+ companies and 2 million private clients protected
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

16 partnerships are on record, tiered minor and core.

• International Network of Insurance (INI)minorStrategic or Co-development Partner · 1 January 2007Official member and representative of INI in Kazakhstan since 2007
• AllianzcoreStrategic or Co-development PartnerPartnership with Allianz, the largest international insurance company, for enhanced market presence and service capabilities
• Hannover RecoreStrategic or Co-development PartnerPartnership with Hannover Re, the largest international reinsurance group, providing additional protection through reinsurance agreements with high financial stability rating
• Lloyd'sminorStrategic or Co-development PartnerSigning of obligatory reinsurance agreement with Lloyd's corporation and pool of Western reinsurers in 2006
• FM Global (Mutual Insurance Society)minorStrategic or Co-development PartnerMember of FM GLOBAL mutual insurance society
• Kazakhstan Association of FinanciersminorOthersMember of Association of Financiers of Kazakhstan since June 25, 1999. Address: Almaty, Baizakova Street 280, BC Almaty Towers
• Kazakhstan Insurers AssociationminorOthersMember of Kazakhstan Insurers Association since September 27, 2013. Address: Almaty, Auezova Street 48
• Insurance Guarantee FundminorOthersParticipant of Insurance Guarantee Fund for insurance payments
• EA Holding GroupminorGTM or Marketing PartnerSponsor of CFO Summit XIII
• ACCAminorGTM or Marketing PartnerSponsor of CFO Summit XIII
• Grant ThorntonminorGTM or Marketing PartnerSponsor of CFO Summit XIII
• KPMGminorGTM or Marketing PartnerSponsor of CFO Summit XIII
• PwCminorGTM or Marketing PartnerSponsor of CFO Summit XIII
• Eurasian BankminorGTM or Marketing PartnerSponsor of CFO Summit XIII
• Smart Solutions / WOOPPAYminorGTM or Marketing PartnerSponsor of CFO Summit XIII
• MedPool Insurance ConsortiumminorStrategic or Co-development PartnerMember of the Unified Insurance Pool for mandatory professional liability insurance of medical workers established October 2024

Scale indicators7 records

Recent moves14 records

Expansion highlights6 records

Broad incumbents

• Allianz: Global multi-line insurance leader and Centras's reinsurance partner; offers overlapping P&C and health products worldwide and represents a broader incumbent benchmark for capacity and product design.
• Liberty Mutual Insurance: Global multi-line P&C insurer with personal and commercial lines; comparable to Centras in offering breadth across motor, property, and liability to both consumer and business customers.
• Zurich Insurance: Global multi-line insurer with P&C and health offerings; provides a broader-market baseline for product breadth, digital distribution maturity, and underwriting profitability.

Direct peers

• NOMAD Insurance: One of Kazakhstan's top multi-line insurers offering motor, property, liability, and travel coverage; competes with Centras for both corporate and retail clients in the domestic market.
• Kommesk-Omir: Kazakh multi-line insurer under the same Centras holding; provides comparable general insurance products and serves as a sister-company peer given shared ownership and product overlap.
• Eurasia Insurance Company: Kazakh multi-line insurer providing property, motor, health, and liability cover; directly comparable to Centras in product mix and customer targeting.
• Halyk Insurance: Kazakhstan-based multi-line insurance carrier offering property, motor, health, and liability coverage to both corporate and retail clients; directly competes with Centras Insurance across product lines and distribution channels.
• Kaspi Insurance (Kaspi.kz insurance arm): Digital-first insurance provider within Kazakhstan's super-app ecosystem, leveraging bank-distribution scale to sell motor, property, and travel cover; competes directly with Centras on digital retail distribution.

Regional players

• INGO (INGO Group, Russia): Large CIS-based P&C insurer serving corporate and retail clients across the former Soviet Union; comparable in product mix and regional footprint to Centras's regional ambitions.

Others

• Hannover Re: Centras's reinsurance partner; while not a primary competitor, it is a relevant benchmark for underwriting discipline and capacity-driven growth in P&C.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCf2GyNgEwFys5JdN4g6x4LQ/videos
• Facebookfacebook.com/Centras-Insurance-100069075062043
• Instagraminstagram.com/kupipolis.kz

Compliance9 records

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 Centras Insurance