ASRI 21 INSURANCE

What ASRI 21 INSURANCE does

ASRI 21 Insurance (Asri21) is a privately held insurance company headquartered in Dushanbe, Tajikistan, founded in 2020. It underwrites and distributes a broad portfolio of ten insurance products split between retail and corporate lines, including Stop Virus (COVID-19 coverage), accident and illness, apartment and home property protection, outbound travel (VZR), auto insurance (DSAGO and AutoKasko), personnel/voluntary health insurance, corporate property, construction and installation risks, general liability, and corporate vehicle owner liability. The company operates through a small team (6 employees) led by Acting General Director Manonov Sh.Kh., with separate retail and corporate sales departments headed by Sultonov T. and Yusupov D.A. respectively.

The business model is built on collecting recurring insurance premiums on annual subscription policies priced in Tajik somoni — for example, apartment protection at 350 somoni/year for 30,000 somoni of coverage, home protection at 550 somoni/year for 40,000 somoni, and auto liability at 0.8%–1% of insured value. Distribution is direct via the asri21.tj website, phone, and the Dushanbe office, with the website available in Russian and Tajik. The company serves only the Tajikistan market, has no disclosed ownership, parent, or external funding, and signals transparency through publication of audited financial statements for 2021 and 2022. Competitive positioning emphasizes "21st-century" modern insurance service standards and transparent reporting as a contrast to traditional Tajik insurers.

Name

ASRI 21 INSURANCE

Legal name

Asri21

Website

https://asri21.tj

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

ASRI 21 Insurance is a privately held Tajik insurer based in Dushanbe, founded in 2020, underwriting ten retail and corporate insurance lines — including auto, property, travel, accident, personnel, and liability coverage — for individuals and businesses across Tajikistan via direct sales.

Ownership category

akta.pro rank

Product category

Insurance Services

NAICS

Insurance Carriers and Related Activities (524), Direct Insurance (except Life, Health, and Medical) Carriers (52412), Direct Property and Casualty Insurance Carriers (524126), Direct Health and Medical Insurance Carriers (524114)

SIC

Insurance Carriers, Nec (6399), 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 Umbrella / Excess Liability (FSAJADAL), International/Expat Critical Illness & Hospital Indemnity (FSAIAKAJ), Long-Term Disability (LTD) Insurance (FSAIAIAD), Umbrella Insurance (FSAJAMAK)

Keywords

• General insurance services
• Property insurance
• Auto insurance
• Travel insurance
• Corporate liability insurance

Headquarters

HQ city

Dushanbe

HQ country

Tajikistan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Premium Revenue: The company generates revenue through collecting insurance premiums from policyholders across its various insurance product lines including personal accident, property, vehicle, travel, personnel, corporate property, construction, and liability insurance.

Pricing tiers

Distribution channels1 record

Marketing channels2 records

Core offering

ASRI 21 INSURANCE underwrites and sells a comprehensive range of insurance policies to individuals and businesses in Tajikistan, including accident and illness, property (apartment and home), auto (DSAGO and Kasko), travel, COVID-19 (Stop Virus), personnel (voluntary health), corporate property, construction and installation risks, general liability, and vehicle owner liability coverage. Policies are issued as annual subscriptions priced either as a fixed fee or as a percentage of the insured amount.

Product overview

ASRI 21 INSURANCE is a Tajik insurance company offering a comprehensive portfolio of insurance products organized for both private and corporate clients. The private client offerings include Stop Virus (COVID-19 insurance), Accident and Illness Insurance, Apartment/Home Protection, Travel Insurance (ВЗР), and Auto Insurance. Corporate offerings include Personnel Insurance (voluntary health insurance), Corporate Property Insurance, Construction and Installation Risks Insurance, Liability Insurance, and Vehicle Owner Liability Insurance. The company positions itself as providing modern insurance services aligned with 21st-century trends, with a focus on transparency and dispelling stereotypes about insurance in Tajikistan.

Differentiator

Problem solved

Functional benefit

Products and services

• Accident and Illness Insurance (Страхование от несчастных случаев и болезней)

Quantifiable outcome

• Fast claims processing and payment

Named customers4 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

Partnerships

Six partnerships are on record, tiered minor.

• Top Video (topvideo.tj)minorOthersPartner company with logo displayed on ASRI 21's partner section. Nature of partnership not explicitly detailed.
• Oson (oson.tj)minorOthersPartner company with logo displayed on ASRI 21's partner section. Nature of partnership not explicitly detailed.
• Anor (anor.tj)minorOthersPartner company with logo displayed on ASRI 21's partner section. Nature of partnership not explicitly detailed.
• Sifat Pharma (sifatpharma.tj)minorOthersPartner company with logo displayed on ASRI 21's partner section. Nature of partnership not explicitly detailed.
• IBT (ibt.tj)minorOthersPartner company with logo displayed on ASRI 21's partner section. Nature of partnership not explicitly detailed.
• Jamshed TowerminorOthersPartner entity with logo displayed on ASRI 21's partner section. Nature of partnership not explicitly detailed.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Zurich Insurance: Global multi-line insurer with broad personal and commercial product portfolios. Comparable as a broad incumbent defining the long-term shape of the multi-line insurance category ASRI 21 is operating in.
• Allianz: Global multi-line insurance giant. Comparable as a broad incumbent whose product structure and underwriting playbook in emerging markets informs the long-term competitive trajectory ASRI 21 might face.

Regional players

• Compulsory Insurance Company (Uzbekistan): Uzbek state-affiliated insurance carrier. Comparable as a regional Central Asian multi-line peer addressing similar low-penetration market conditions and serving retail and corporate clients.
• Halyk Insurance (Halyk Group): Major Central Asian financial group with insurance operations primarily in Kazakhstan. Comparable as a regional multi-line insurance competitor serving a similarly developing post-Soviet market.
• KIC (Kazakhstan Insurance Company): Kazakhstani insurance carrier offering property, casualty, and personal lines. Comparable as a regional peer operating in a post-Soviet Central Asian insurance market with similar regulatory and distribution dynamics.

Direct peers

• Sugd Insurance Company: One of the larger established Tajik multi-line insurers offering personal and corporate coverage. Directly comparable as a domestic competitor in the same Tajikistan market with overlapping product lines.
• ESKATA Insurance: Tajikistan-based insurance company providing personal and corporate coverage. Directly comparable as a domestic multi-line insurer targeting the same customer segments in Tajikistan.
• Spitamen Insurance: Tajik insurance carrier offering multiple lines of personal and corporate insurance. Directly comparable as a domestic peer competing for the same retail and corporate clients in Dushanbe and beyond.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/asri-21-insurance

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 ASRI 21 INSURANCE