What Nomad Insurance does

Nomad Insurance (АО «СК «Номад Иншуранс») is a Kazakhstan-domiciled joint stock insurance company founded in 2014 and headquartered at Tole Bi street 101, Almaty, licensed under BIN 040140001147. It operates as a multi-line insurer offering both personal lines (KASKO/ОГПО auto, property, travel, health, and professional liability for individuals) and commercial lines (corporate property, staff, auto, liability, cargo, construction, ecology, and oil operations) for legal entities.

The company runs a hybrid omni-channel distribution model consisting of a self-serve website (nomad.kz), an iOS/Android mobile application, a 24/7 call center accessed via short number 2233, WhatsApp support, and physical offices across Kazakhstan. Its customer base comprises 500,000+ individual policyholders and 30,000+ corporate clients, with named enterprise accounts including SNPS Aktobemunaigaz, North Caspian Operating Company NV, KazAgroFinance, Kazenerokabel, Allur Group, Biosfera Kazakhstan, and the Baizak district central hospital.

Revenue is generated through insurance premiums across the full product portfolio, with the corporate segment contributing higher-premium industrial lines (oil operations, construction, ecology, cargo) and the individual segment providing a long-tail base across personal lines. The company is privately structured with no disclosed parent, no external funding rounds, no M&A activity, no management team disclosure, and no patents, awards, or partnerships documented in the available data.

Name

Nomad Insurance

Legal name

АО «СК «Номад Иншуранс» (BIN 040140001147)

Website

https://nomad.kz

Company type

Public

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Short description

Nomad Insurance is a Kazakhstan-based multi-line joint stock insurer founded in 2014, offering personal and commercial insurance products through a digital and physical omni-channel platform to over 500,000 individual and 30,000 corporate customers.

Ownership category

akta.pro rank

Headquarters

HQ city

Almaty

HQ country

Kazakhstan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Premiums: Core revenue from collecting insurance premiums across all insurance product lines including auto, property, travel, health, cargo, construction, and business insurance products.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Nomad Insurance is a Kazakhstan-based joint-stock insurance company that underwrites and sells a full portfolio of general insurance products for individuals (auto/ОГПО/KASKO, property, travel, health, professional liability) and for legal entities (company property, staff/personnel, auto, civil liability, cargo, construction and erection, ecology, oil operations). Policies are distributed via the nomad.kz website, personal account portal, iOS/Android mobile app, 24/7 call center (2233), and physical offices across Kazakhstan, with online claims reporting and an average claim decision time of three business days.

Product overview

Nomad Insurance is a Kazakhstan-based insurance company offering a comprehensive portfolio of insurance products for both individuals and legal entities. The company operates a multi-channel platform including a website (nomad.kz) and a dedicated mobile application (Nomad.kz) for iOS and Android. Individual products include auto insurance (KASKO and mandatory ОГПО), property insurance, travel insurance, health insurance, and professional liability coverage. For legal entities, the company offers company property insurance, staff/personnel insurance (medical and accident), auto insurance, liability insurance (dangerous facilities, third-party civil liability, notaries, carriers), cargo insurance, construction and assembly risk insurance, ecological insurance, and oil operations insurance. The product portfolio is structured as a unified insurance service platform with an online sales channel enabling customers to purchase and manage policies digitally.

Differentiator

Problem solved

Functional benefit

Products and services

• Auto Insurance for Individuals (compulsory ОГПО and voluntary KASKO) Vehicle insurance products for individual policyholders covering mandatory compulsory motor third-party liability (ОГПО) and voluntary comprehensive KASKO coverage for cars.
• Property Insurance for Individuals Insurance coverage for individuals' residential and personal property against damage, destruction, and other covered perils.
• Travel Insurance Insurance for individual travelers covering medical emergencies, trip cancellations, and other travel-related risks, with one-hour medical assistance service level.
• Health Insurance for Individuals Health insurance coverage for individuals, including medical treatment and healthcare services.
• Professional Liability Insurance for Individuals Insurance products for individual professionals covering liability risks associated with their professional activities.
• Company Property Insurance Property insurance for legal entities covering company assets, buildings, and equipment against damage and destruction.
• Staff/Personnel Insurance (Medical and Accident) Insurance coverage for employees of legal entities, including medical insurance and accident coverage.
• Commercial Auto Insurance Insurance for company vehicles of legal entities, covering fleet auto risks.
• Civil Liability Insurance for Businesses Liability insurance for businesses covering dangerous facilities, third-party civil liability, notaries, and carriers.
• Cargo Insurance Insurance coverage for goods and cargo during transportation by various modes of transport, with optional deductible structures.
• Construction and Erection (CAR/EAR) Insurance Construction and assembly risk insurance covering construction works, installed equipment, and construction machinery.
• Ecological (Environmental Liability) Insurance Environmental liability insurance for companies with dangerous facilities as required by Kazakhstan law.
• Oil Operations Insurance Insurance coverage for oil companies against liability for environmental damage, third-party injury, and property damage during oil operations.

Quantifiable outcome

• Policy issuance now easier than before
• +2 more outcomes

Named customers14 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• Freedom Insurance (Freedom Holding): Insurance subsidiary of Freedom Holding, a major Kazakh financial conglomerate. Comparable in corporate and retail life/P&C offerings distributed through affiliated digital channels.
• Insurance Company Standard: Kazakh multi-line insurer offering voluntary and compulsory P&C products to individuals and corporates. Operates in the same regulatory and competitive environment as Nomad with overlapping product lines.
• Halyk Insurance (Halyk Bank Group): Insurance arm of Kazakhstan's largest retail bank, offering a comparable multi-line P&C and life portfolio to individuals and corporates. Directly competes with Nomad across auto, property, and consumer lines within the same domestic market.
• Kaspi Insurance (Kaspi.kz): Insurance products distributed through Kazakhstan's dominant super-app. Direct competitor leveraging an unmatched digital ecosystem that threatens Nomad's mobile-first positioning in retail insurance.
• Eurasia Insurance Company: One of the longer-established Kazakh insurers with a broad P&C portfolio including auto, property, and corporate lines. Directly comparable in geography, customer base, and product mix.
• Centras Insurance: Kazakh insurance carrier offering P&C and related products to retail and corporate clients. Operates in the same regulatory environment with a similar multi-line product structure.
• Kommesk-Omir Insurance Company: Kazakh insurer providing both life and P&C products to retail and corporate customers. Comparable in multi-line strategy and domestic-only footprint.
• London-Almaty Insurance Company: Kazakh multi-line insurer serving individuals and legal entities with property, auto, and corporate coverage. Competes head-to-head with Nomad for the same Kazakh insurance customers.

Emerging players

• Lemonade: AI-native, mobile-first insurance carrier that pioneered the digital self-serve UX Nomad is replicating. Comparable as a benchmark for digital insurance economics and product-led growth, though operating in different geographies.

Broad incumbents

• Allianz: Global P&C and life insurance incumbent with Kazakhstan operations. Comparable at the multi-line product level but with vastly greater capital base, global diversification, and reinsurance capacity.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xt.me/nomadinsurancekz
• YouTubeyoutube.com/channel/UC2gL1v2mQ1jldhgCW2yBEeQ/featured?view_as=subscriber
• Facebookfacebook.com/nomadpolis
• Instagraminstagram.com/nomad.insurance
• LinkedInlinkedin.com/company/nomad-insurance-strahovaya-kompaniya

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 Nomad Insurance