Insurance company accredited by PJSC Sberbank companies. Insurance companies accredited by Sberbank

Hello. 09/08/2015 we took out a mortgage from Sberbank for the “Purchase of ready-made housing.” The insurance period ends, the contract states:
clause 4. Interest rate or procedure for determining it - 13.75%
In the event of termination/non-renewal of the life and health insurance agreement/policy of the title co-borrower and/or replacement of the beneficiary under the life and health insurance agreement/policy, the interest rate on the loan may be increased from the date following the second payment date after the day the lender receives information about termination /non-renewal/replacement of the beneficiary to the level of the interest rate in force at the time of concluding the agreement for the product “Purchase of finished housing” on similar conditions (amount, term) without compulsory life and health insurance, but not higher than the interest rate for such a product in force at the time of acceptance by the lender decisions to increase the interest rate due to the title co-borrower’s failure to fulfill the obligation to insure life and health. After the co-borrowers provide the creditor with properly executed documents and fulfill the conditions provided for in clause 20 of the agreement, as well as the provision by the title co-borrower of a written application, from the date specified by the creditor in the notice of a positive decision on his application:
-the interest rate for use by the lender is set at 13.75%

p9. The borrower's obligation to enter into other agreements:
1. Account opening agreement
2. Insurance contract for a property registered as collateral in accordance with 4.4.2. General lending conditions, on the terms determined by the insurance company selected by the co-borrowers from among those that meet the Lender’s requirements.
3. Life and health insurance agreement for the title co-borrower on the terms determined by the insurance company selected by the title co-borrower from among those that meet the lender’s requirements. Tariffs were used to calculate the total cost of the loan. The title co-borrower has the right to use the services of another insurance company, and the amount of the total cost of the loan may differ from the calculated one.
Question:
1) If I do not renew the life and health insurance contract, does the bank have the right to raise the interest rate on the contract (when applying, the loan specialist told us that they would raise it by 1%)?
2)Can I purchase life and health insurance from any other accredited company? (17 companies are accredited by Sberbank for personal insurance)? The first year of insurance was in Sberbank, now I don’t want to insure there
3) Sberbank called and said that life insurance was expiring and the insurance policy needed to be renewed, and they said that according to the terms of the contract, one insurance must be done through them, is this true? If the contract states that the co-borrower has the right to use the services of another insurance company

A borrower who enters into a relationship with Sberbank regarding obtaining a mortgage loan necessarily faces the question of insuring the property he is purchasing, as well as, additionally, health and life. Since the market for insurance organizations is quite extensive, the lender made the task easier for the client by collecting Sberbank’s accredited insurance companies into a single list.

The concept of accreditation includes 2 main properties that are endowed to legal entities that have passed this procedure. persons, in our case insurance companies, are:

• Providing trust on the part of the inspection body to carry out statutory activities.
• Recognition of the company's activities as reliable, complying with the norms and rules existing in the insurance services market.

The list of insurance companies accredited by Sberbank includes organizations that have expressed a desire to cooperate with the specified lender, have provided it with a full package of necessary documentation and have been verified by the bank’s internal services.

Advantages of choosing insurance companies accredited by Sberbank

The main positive aspects of the debtor’s use of insurance companies verified by Sberbank are as follows:

1. A borrower who has used the services of an accredited insurer is exempt from submitting an additional package of documents to the savings bank. Such a list is quite impressive and burdensome for a person who wants to insure his risks in a company that has not received Sberbank accreditation. Below is only a small part of the list.

The full package of documentation can be found.

In addition, the organization providing insurance services must meet the mandatory requirements established by Sberbank. At the same time, the period for consideration of a borrower’s application to provide protection to an insurer that has not been accredited by the Security Council of the Russian Federation takes a month.

Important! The borrower has the right to use an unaccredited insurance company only within the framework of life and health insurance.

1. The use by insurance organizations with the sign “accredited by the Security Council of the Russian Federation” of a fixed maximum rate of %, which affects the final cost of insurance. For 2017, this tariff was set by Sberbank in the amount of 0.15% of the loan amount provided by the bank under the loan agreement. Important: in order to attract clients, accredited insurance companies have the opportunity to apply a lower interest rate, but do not exceed the maximum tariff.
2. The borrower is relieved of the need to verify the insurer. Insurance companies accredited by Sberbank have already passed all the necessary procedures to determine compliance with basic requirements: reliability, availability of necessary financial reserves for making payments, positive business reputation, duration of work in the field of providing insurance services, etc. Thus, the client has the opportunity to choose an insurer from a ready-made list of reputable ones exclusively on the positive side of companies.

Types of insurance used by Sberbank for mortgage transactions

When concluding an agreement with Sberbank on the provision of borrowed funds for the purchase of real estate, the collateral object (apartment, office space, cottage) is subject to compulsory insurance. This requirement is established by Art. 31 Federal Law “On mortgage (real estate pledge)”.

If the borrower does not agree with this condition, the bank will refuse to provide a mortgage loan.

The list of accredited insurance companies of Sberbank that protect the collateral for mortgage transactions this year is represented by the following companies:

Please note: the “*” sign indicates insurance companies that, in addition to accreditation, have concluded special agreements with Sberbank that provide for additional cooperation.

Life and health insurance of the borrower, as a rule, includes protection against the following risks:

• Recognition of the borrower as disabled (disability of 1 or 2 groups).
• The death of the citizen who took out the mortgage.

The use of this type of protection is not a mandatory condition for obtaining a mortgage in the Security Council of the Russian Federation and is issued by the borrower on a voluntary basis. But the bank recommends its clients to enter into such agreements, encouraging borrowers by reducing the mortgage interest rate in the case of life and health insurance.

In 2017, the following legal entities received accreditation from Sberbank for this type of insurance. faces:

It should be noted that the above insurance companies that cooperate with the savings bank offer their clients other types of insurance:

• From losing a job.
• From the onset of a long-term illness that does not result in the citizen’s incapacity for work.
• From other financial risks (for example, a decrease in wages, an employee being on forced leave at his own expense due to downtime of the enterprise, etc.).

Such insurance is voluntary and is not required by the bank or by law. Taking out additional insurance depends only on the desire of the borrower and his financial ability to pay for additional services.

Why do you need insurance?

The main objective of any financial activity is to make a profit. The banking sector is no exception to this. The most risky of all the services provided by banks is lending. How can a lender protect its interests if the collateral was lost during an accident (fire, flood) or natural disaster (hurricane, earthquake), and the borrower became disabled and cannot work, and therefore cannot repay the loan and interest on it? In this case, the financial institution, as well as the borrower who has become disabled, is helped by the insurance company.

The occurrence of an insured event entails the obligation of the insurance organization to pay the lender the entire amount of the loan, as well as interest for its use instead of the borrower. In this case, the bank is freed from the need to conduct lengthy legal proceedings to collect debt from the citizen. The borrower who finds himself in a difficult life situation, in turn, will repay the debt to the financial institution, retain his right to the collateral object and will not spoil his credit history.

Conclusion

It should be noted that the list of accredited insurance companies changes annually, and any organization that provides insurance services and meets the special conditions of Sberbank has the opportunity to get into it.

Those wishing to take out a loan to purchase a home or making other transactions using real estate as collateral should know that insurance for a Sberbank mortgage is required - without it it is impossible to draw up a loan agreement. Clients are offered certain accredited mortgage insurance companies of Sberbank, which issue real estate insurance contracts. The bank considers these companies to be its reliable partners and offers their services to clients without the need for additional reliability checks by the insurer.

What is an accredited insurance company?

The mortgage is taken out for a long term - the loan can be issued for 20 years or more. There is a possibility that something bad could happen to the borrower or the property - the borrower will lose health or die, the property will be damaged or lost due to force majeure. To reduce risks, the financial institution insists on insuring the borrower’s property and health. Certain insurance companies accredited by Sberbank are offered for processing transactions.

If a company is accredited by a financial institution, this means that its activities inspire confidence in the bank, and all procedures for verifying the compliance of its work with the statutory provisions have been completed. The list of accredited insurance companies at Sberbank is large - some are engaged in property insurance, others issue life insurance contracts for borrowers.

Sberbank requirements for mortgage insurance

According to the Federal Mortgage Law, under Art. 31, provides that the borrower must insure the property pledged under the mortgage at his own expense in order to mitigate the consequences of a likely situation when an apartment or other real estate becomes uninhabitable due to damage or destruction. When concluding a mortgage agreement, Sberbank's requirement to obtain insurance for the mortgaged apartment or house is mandatory.

All Sberbank mortgage products indicate that the borrower takes out personal health and life insurance voluntarily, with the opportunity to refuse this procedure. However, if Sberbank's mortgage partner insurance companies enter into such an agreement with the borrower, the commission interest rate is reduced by 1% per annum. This is how the bank encourages clients to interact with accredited insurance firms.

Property insurance

Any real estate transferred to the Security Council of the Russian Federation as collateral goes through an assessment procedure and is insured. Accredited organizations have a standard list of circumstances under which an insured event occurs. These include the following situations:

• natural disasters - fires, floods, hurricanes, tornadoes;
• damage to property from unlawful actions of other persons;
• urban disasters - fires, explosions, terrorist attacks, flooding, plane crashes;
• any financial risks due to the loss of an apartment or house;
• loss or damage to property from third-party intervention.

Borrower's life and health insurance

Accredited mortgage insurance companies of Sberbank enter into agreements with borrowers concerning their own life and health. If the client draws up such a document, then his family and friends will not be required to pay the issued mortgage in the event of an insured event; everything will be covered by the money received from an accredited insurer. The document specifies the following cases:

• death of the borrower;
• disability resulting in loss of solvency;
• severe chronic diseases;
• receiving injuries incompatible with further performance.

Advantages and disadvantages of mortgage insurance

Concluding a loan agreement with the mortgaging of residential property involves additional paperwork, for which the borrower himself has to pay - an expert assessment of the value of housing, its insurance. The disadvantages of the insurance procedure include the following:

• high cost of contract execution;
• the need to constantly make payments of the specified interest under the contract;
• a large package of documents;
• the need to prove the occurrence of an insured event;
• limited choice of insurers.

However, there are advantages to insurance deals. These include:

• Low interest rates on loans.
• There is no obligation to repay the loan if a situation stipulated by the contract arises - all costs are borne by accredited insurers.

Where to insure a Sberbank mortgage

Having many mortgage products, the Security Council of the Russian Federation is interested in the integrity of insurers, therefore all insurance agencies offering their services undergo mandatory verification of their activities. If the required standards are met, Sberbank considers the company accredited and invites clients to use its services. The borrower can independently find an insurance company, however, the bank will conduct a total audit of its work, requiring many documents, the list of which is indicated in a separate list. It takes about a month to review an application in such a situation.

Which insurance companies does Sberbank work with?

This financial and credit organization cooperates with many companies. All of them are accredited and reliable. The list of companies can be seen in the table below:

How much is insurance

If a property is insured, the agency concluding the contract takes into account bank calculations. They indicate what amount will be the most acceptable in the event of an event stipulated by the agreement, so that the bank does not incur losses. Standard contracts of accredited organizations set a tariff of 0.15% of the mortgage amount. Agencies do not have the right to request a higher percentage from the client, but they can reduce interest rates at their discretion.

If the life of the borrower is insured, then the price difference is 0.3-1.5% per annum of the loan amount. The rate is affected by the age, presence or absence of chronic diseases of the borrower, the period for which the loan is taken, and its size. Accredited mortgage insurance companies of Sberbank in this case have the right to set their own rates, taking into account various circumstances.

Where is it cheaper to insure a mortgage?

Any client is faced with the question of which accredited companies are the most profitable to insure in order to pay as little money as possible. In the table below you can see the conditions of different organizations offering their services:

How to get insurance

The main document indicating that the borrower's property or life is insured is an insurance policy, which will have to be renewed annually. To receive it, you must write an application. It contains the following data:

• name of the mortgage product;
• loan amount;
• all personal data of the client;
• the period for which the mortgage is taken out;
• insurance risks;
• medical indicators of the policyholder.

The application must be accompanied by all documents on the mortgaged property - a certificate of ownership of the apartment, an extract from the house register, an expert assessment of the value of the property, the consent of the policyholder's spouse to the loan, a copy of all pages of the passport, a bank certificate of receipt of the mortgage. The insurance contract stipulates that the recipient of the final benefit is the bank. The amount of annual premiums that the policyholder must pay must be specified.

Sberbank mortgage insurance is provided by accredited insurance companies. Their list is quite sufficient for clients to conclude an agreement on favorable terms.

Bank insurance requirements

According to mortgage agreements concluded with Sberbank, borrowers are required to insure the purchased property. This requirement is stipulated by the provisions prescribed in the federal law “On Mortgage (Pledge of Real Estate)” (Article 31).

Life and health insurance of the borrower (co-borrower) is not a mandatory condition of the mortgage agreement, but is desirable. The bank encourages its clients to take out this type of insurance by reducing or increasing the mortgage loan rate, depending on the presence or absence of such an insurance policy. Sberbank offers its own list of insurance companies for mortgages and life insurance.

In total, both insurance policies cost a decent amount. It is quite logical that borrowers, having received approval for a mortgage, try to find an insurance company for cooperation that will ask to pay the minimum insurance premium, but will be a reliable partner accredited by Sberbank of Russia.

It cannot be said that the list of accredited insurers includes any exceptional companies. Which insurance companies does Sberbank of Russia work directly with for mortgages? Those who independently expressed a desire to cooperate with him. Such organizations contacted the bank, presented the necessary documents, were checked by internal services and, based on their conclusions, formed a partnership.

Insurance companies cooperating with Sberbank on mortgages also offer other types of insurance: title insurance, as well as against job loss and other financial risks. These types of insurance are often not required either by law or by the terms of the loan.

Sberbank will also accept an insurance policy issued by an insurance company that has not been accredited. However, it will take time to accept such a document: the lender’s services need to check the insurer proposed by the client and make an informed decision about the possibility of working with him.

Considering that control over activities in the insurance market is carried out by the Central Bank of the Russian Federation, which only needs one day to suspend the activities of the insurer if any problems are identified, there are usually no difficulties with accepting a policy from a non-accredited insurance company. But the period required for Sberbank to verify the insurer is 30 working days from the date of submission of the full package of documents for this organization.

Benefits of Mortgage Insurance

Sberbank is indicated as the beneficiary under the mortgage insurer's policies. However, mortgage insurance is beneficial to both the borrower and the bank: if an insured event occurs, payments paid by the insurer will be used to pay off the debt. As a result, Sberbank will return the funds provided under the loan agreement, as well as accrued interest. That is, the bank, if problems arise with payments due to the fact that the borrower is in a difficult life situation, will not need to litigate or sell the collateral.

Having such insurance is also beneficial for the borrower. In the event of an insured event, the insurer will pay off the debt to the bank. In some cases, especially when it comes to insuring the loan object, payments are sent to the borrower to restore the collateral.

When the insurance payment is credited to repay the loan debt, the ownership of the property purchased with a mortgage remains with its owner, that is, with the borrower. This scheme is also good because it allows you to maintain a good credit history, preventing the occurrence of delays, and if problems arise with the life and health of the borrower, it will relieve his loved ones from the need to repay the mortgage debt.

However, it is necessary to prepare for the fact that payments will arrive in the loan account only after 1-2 months, after the insurer receives all the necessary documents.

Almost all insurance companies accredited by Sberbank for mortgages use standard methods when determining the cost of an insurance policy. But the applied coefficients, tariffs and, as a result, the amount that the policyholder must pay differ. In 2017, insurers began to pay more attention to the age of the borrower, that is, the older the person, the more expensive insurance will cost.

If desired, you can purchase more extended insurance options. They will cost more, but will also provide wider coverage. For example, real estate insurance in the basic version involves only the protection of walls and structures and only within the amount of the loan debt plus interest, usually for a year. But in the event of a fire, housing will not be considered completely lost if at least the foundation remains of a private house; payments will be calculated taking into account the amount of coverage (for the entire value of the property or in proportion to the balance of the debt to the bank). A more expensive policy could reimburse the cost of lost repairs, furnishings, and household appliances.

When insuring life and health for large sums (over 4-5 million rubles), they usually require you to undergo a medical commission. These expenses are paid by the policyholder.

Registration of insurance

Ultimately, both insurance - both the property and the life and health of the borrower - will cost 0.5-1.5% of the loan amount.

If you take out a policy at the Sberbank office, and not at insurance companies accredited by it for life and health mortgages, as well as directly for housing, then the final insured amount will be affected by:

• loan amount;
• age of the policyholder;
• the duration of the mortgage according to the agreement;
• the cost of the acquired property;
• its location;
• client's income level;
• history of transactions made with this property previously.

Before concluding an insurance agreement with Sberbank, it is worth clarifying the offers of its partners.

Basic list of documents required when purchasing a policy for a property from one of the bank’s partners included in the list of accredited mortgage insurance companies of Sberbank in 2017:

• borrower's passport;
• loan agreement;
• payment schedule;
• title documents for housing - certificate of ownership (extended extract from the Unified State Register), purchase and sale agreement (SDA);
• technical certificate.

For life insurance with a Sberbank mortgage, accredited companies may also require other documents (marriage certificates, birth certificates of children, etc.). The full list can be confirmed with the insurer.

Which insurance companies are accredited by Sberbank for mortgages: rating of insurance companies

When studying Sberbank's partner insurance companies for mortgages under life insurance, you should also pay very close attention to the data of the RAEX Rating Agency (Expert RA). This organization analyzes the insurance market. According to experts from the country's leading rating agency, the following insurance companies working with Sberbank on mortgages:

• LLC IC "Sberbank Insurance";
• JSC "AIG";
• OJSC "AlfaStrakhovanie";
• JSC "VSK";
• LLC IC "VTB Insurance";
• SPAO "Ingosstrakh";
• Liberty Insurance (JSC);
• SPAO "RESO-Garantiya";
• PJSC IC "Rosgosstrakh";
• 10. CJSC IC RSHB-Insurance;
• 11. JSC "SOGAZ";
• as of May 2017, they received an A++ reliability level. In fact, this is a list of the 11 most reliable insurers that meet the requirements of a given bank.

The RAEX rating agency makes such an assessment when it believes that this insurer with a very high degree of probability guarantees the timely fulfillment of all financial obligations (both current and arising in the course of its work) even in the event of significant adverse changes in macroeconomic and market indicators. This also indicates the stability of the forecast and the preservation of the rating of organizations, including those included by Sberbank in the list of mortgage insurance companies, in the medium term.

Insurance companies approved by Sberbank for mortgages change periodically.

Taking out an insurance policy is one of the ways to reduce risk when lending. Therefore, almost all banks, including the undisputed leader of the country’s financial industry, Sberbank, offer borrowers who have received insurance more favorable interest rates on loans issued. In this case, only those policies are accepted that are issued by accredited insurance companies (ICs), that is, those that meet the requirements set by the credit institution.

Features of insurance in Sberbank

The structure of the Sberbank financial holding company includes two insurance companies that are subsidiaries of the parent credit organization - Sberbank Insurance and Sberbank Life Insurance. Obviously, these are the companies that are recommended to clients of the country's largest financial institution for obtaining insurance in the first place.

In addition, the banking organization has accredited several companies for each type of insurance, whose policies can also be accepted as documents when processing various bank loan products. A complete list of them is given on the following pages of the site:

1. For companies insuring the life and health of Sberbank clients – sberbank.ru
2. For companies providing property insurance of mortgage collateral - sberbank.ru

At the beginning of 2018, the first list included 15, and the second list included 18 insurance companies.

This number includes, in addition to the subsidiaries of Sberbank, the largest participants in the domestic insurance market, included in the top 10 of almost all ratings, for example, SOGAZ, VSK, AlfaStrakhovanie, RESO-Garantiya and other companies.

What does the bank offer?

A separate section is dedicated to insurance services on the official website of Sberbank, located on sberbank.ru. Of course, own Internet portals have been developed for each of the subsidiaries of the insurance companies mentioned above.

They are located at the following addresses:

Sberbank insurance– sberbankins.ru

Sberbank life insurance- sberbank-insurance.ru

First Insurance Company specializes in property insurance, as well as other types of insurance not directly related to protecting the health and life of clients. The second insurance company, on the contrary, is engaged in issuing policies that provide for the occurrence of diseases and other negative consequences for the health and life of clients as an insured event.

Innovations for 2018

A special feature of Sberbank’s work in 2018 is the opportunity to receive comprehensive insurance services, the offer of which is posted directly on the official website of the parent bank at the address indicated above. The number of insurance programs offered by the country's largest bank is extremely large. Moreover, new products are constantly appearing, offered to clients both by Sberbank subsidiaries and other insurance companies accredited by the bank.

Cost of insurance

When calculating the cost of insurance, a large number of factors are taken into account, the main ones being the type of policy being issued and the object of insurance. For example, insuring the collateral for a mortgage costs the borrower approximately 0,3-0,4% from the value of the property. Prices for issuing a personal insurance policy vary widely and can range from 0.75% to 2.5% from the insured amount, and for some types even exceed the specified values.

Mortgage insurance at Sberbank

Sberbank has accredited 18 insurance companies to insure mortgage real estate, including a subsidiary of a financial organization called Sberbank Insurance. All of them comply with the bank’s requirements, which are set out on sberbank.ru

Conditions

Each organization independently determines the terms of the insurance offered to Sberbank clients. This is the essence of competition, when a mortgage borrower has the opportunity to choose a commercial offer that is more profitable for him. As a result, despite Sberbank’s active lobbying of the interests of its subsidiary insurance companies, not all clients prefer to work with them.

This is not surprising, given the fact that the number of accredited insurance companies includes almost all the leaders of the country's insurance market.

Review of accredited insurance companies

A complete list of insurance companies accredited by Sberbank is provided on sberbank.ru. Despite the fact that it is compiled in alphabetical order, it is quite logical to mention the most serious participants in the list, which include:

• RESO-Garantiya. It ranks 2nd in the rating of Russian insurance companies based on the results of 2017, second only to Sberbank Life Insurance. Last year, the company collected more than 89 billion rubles from clients in the form of insurance premiums. Mortgage insurance rates range from 0.16% to 0.68%;
• VTB Insurance. This insurance company occupies the next place in the ranking of the country's largest insurance companies. For mortgage borrowers, a preferential insurance program is offered, which provides for issuing a policy not for one year, as usual, but for 3 or 5 years at once;

• AlfaInsurance. IC is a member of one of the country's leading financial holdings, Alfa Group, and the largest private participant in the insurance market. It is in 4th place in terms of the volume of insurance premiums collected in 2017;
• VSK. It ranks 5th in the ranking of insurance companies. What stands out among competitors is the variety of products and types of insurance offered, including mortgage real estate.

Among the other insurance companies accredited by Sberbank, there are two more that are in the top 10, namely: Ingosstrakh and SOGAZ. As a result, clients of a financial institution are given the opportunity to choose the most profitable of several offers made by the leaders of the country’s insurance market.

Life and health insurance

The list of companies that are accredited by Sberbank to insure various credit products, with the exception of mortgages, is given on sberbank.ru. It includes 15 insurance companies that meet the requirements of a credit institution, formulated on sberbank.ru.

Conditions

The conditions for life and health insurance offered by different companies when applying for a loan from Sberbank may differ quite noticeably. This is also facilitated by the fact that the rate is tied to the insured amount, which also varies at the request of the client, in contrast to a mortgage, where the value of the property is clear and determined during the assessment. As a result, the price of insurance varies from 0.75% to 3-4% of the value of the insured amount and is determined individually for each loan product and client.

Insurance programs

The following insurance programs are offered to Sberbank clients directly on the official website of the financial organization:

• Multipolis “No worries”. A unique offer that includes almost all types of insurance;
• Home protection. Intended for mortgage loan recipients;
• Protecting loved ones. Provides guarantees to clients in the event of damage to the health of their family and friends;
• Accident and illness insurance. A popular type of life and health insurance. In demand due to the low level of tariffs and the large number of insurance cases included in the policy;
• Travel insurance. The eloquent name of the insurance product does not require additional explanation;
• Insurance for Sberbank plastic card holders. A relatively new insurance product that is popular in the market. This is due to the large number of credit and debit cards issued by the bank;
• Savings and investment life insurance. These types of insurance are offered to privileged categories of financial institution clients who use the services of the Sberbank First and Sberbank Premier packages.

Review of accredited insurance companies

Most of the companies described above as part of the list of organizations accredited by Sberbank for mortgage insurance are allowed by the credit institution to issue life, health and other types of policies. This number includes AlfaStrakhovanie, VSK, Ingosstrakh, RESO-Garantiya, SOGAZ, VTB Insurance. In addition, the following companies are accredited:

• Sberbank life insurance. Based on the results of 2017, the subsidiary structure of the parent bank topped the rating of participants in the country’s insurance market. The company collected almost 32 billion rubles in insurance premiums over the year, which is noticeably more than all its competitors. A significant role in this was played by active lobbying of the interests of the insurance company by Sberbank, which has the largest client base in Russia;
• Zetta Insurance. The company closes the top 30 in the ranking in terms of the volume of insurance premiums collected in 2017. Among the main achievements of the organization is offering clients more than 9 dozen different insurance programs;
• Liberty Insurance. It is in 40th place among the largest participants in the Russian insurance market. It is part of the international insurance group of the same name, which provides the company with a reliable financial base and a stable position that distinguishes the organization from many Russian competitors;

• CO Surgutneftegaz. Belongs to one of the largest oil enterprises in the country. As a result, it is one of the regional leaders in the insurance market of the Urals and Western Siberia, where the main production facilities of the parent organization are located. Like the main company, the Insurance Company is a client of Sberbank, which is the main reason for mutually beneficial cooperation;
• Absolute Insurance. It is included in the top 50 of the country's insurance market, ranking 48th in the 2017 ranking. The main feature of the insurance company registered in the capital is its active work with Sberbank clients, as well as participation in the credit organization’s loyalty program “Thank you from Sberbank.” As a result, serious benefits and discounts are provided for borrowers of the country's leading banking sector, which allows SK Absolut Insurance to significantly increase its own client base.

What does accreditation of a company by Sberbank mean?

Sberbank is the undoubted leader in the country's banking sector. As an example, we can cite the following data: in terms of assets, it is almost 2.5 times ahead of VTB, which is in 2nd place in the ranking. The logical consequence of this situation is the presence of a huge customer base. It is not surprising that any insurance company would like to be among those accredited by Sberbank. However, doing this is far from easy even for large and well-known insurers.

For example, the recent leader of the country's insurance industry, Rosgosstrakh, lost its accreditation with Sberbank in the second half of 2017 due to violation of several requirements of the credit institution. This decision almost immediately affected the financial condition of the insurer, which had previously been the most stable. Moreover, at the end of 2017, Rosgosstrakh insurance company immediately dropped by 9 places in the ranking of the largest insurance companies, falling from 1st to 10th place. It is important to note that the outlook for 2018 for the insurer is also very unfavorable. The above example shows the importance of successful cooperation between an insurance company and Sberbank and the availability of the accreditation necessary for this.