ОАО “ZhASO”
Project profile
The name of the project:
ОАО ZhASO
Industry
insurance
Brief description of the assets
OAO ZhASO is one of the largest insurance companies in Russia. The company has 48 affiliates, 16 agents and 63 separate business units in 67 federal subjects of the Russian Federation. OAO ZhaSO is on the list of top-10 insurance companies in Russia. According to Expert RA rating agency, ZhASO Insurance Company has an A+ reliability rating.
Commencement of the project
2007
Investment type
controlling interest
Reasons for selecting the project and asset status at the time of commencement
The Russian insurance market has had the following trends:
- Dynamic growth of insurance market
- Increase in insurance market capacity
ZhASO Insurance Company has become one of the insurance market leaders due to:
- Providing clients with a whole range of insurance services
- A flexible pricing policy for strategic partners
- A broad network of regional offices
- Advantages of office locations
Strategic objectives of investments
Increasing the company’s business efficiency, dividend payments and capital.
Results achieved
- Asset valuation
- Different options for the insurance company’s growth have been examined
A development strategy for ZhASO Insurance Company in 2008-2011 has been worked out and begun to be implemented, including:
- Capitalization growth
- Diversification of the insurance business – development of new insurance products
- Development of a regional network
- Building a corporate governance system
- Recruitment of new effective managers
Progress report
Ongoing
Partners of the projectа
Troika Dialog