Enterprises of the Military, Rocket and Space Industries

The insurance of Russian military, rocket and space industry enterprises is one of the priorities of the Russian Insurance Centre.

In collaboration with the Military Industry Committee under the Government of the Russian Federation, the Federal Agency for Industry, the Federal Service for Technical Military Cooperation and other related ministries and agencies, the company develops comprehensive insurance programs, conducts expert appraisals and administers events for managing and minimizing possible risks using insurance mechanisms.

The Russian Insurance Centre has 15 years of experience and is among the leaders in corporate insurance.

The company’s clients comprise over 1600 legal entities including the Ministry of Defense of the Russian Federation, Roskosmos, the Space Forces, the Strategic Rocket Forces, the Open-Joint Stock Company Aviation Holding Company Sukhoi, the Irkut corporation, the Open Joint-Stock Company A.S. Yakovlev Experimental Design Bureau, the Mig Corporation, the Open Joint-Stock Company Il, the Tupolev Corporation, the Federal State Unitary Enterprise M.M. Gromov Aviation Research Institute LII, the Federal State Unitary Enterprise Rosoboronexport, the M.V. Khrunichev GKNPTs, the Open Joint-Stock Company Science and Production Association Academician V. P. Glushko Energomash, Open Joint-Stock Company Corporation Tactical Missile Armament, the Centre for Maintenance of Ground Space Infrastructure Sites, the Federal State Unitary Enterprise Academician M.F. Reshetnev Science and Production Association, the State Science Enterprise Russian Space Centre CSKB-Progress, the Open Joint-Stock Company Russian Space Corporation Energia named after S.P. Korolev, the Federal State Unitary Enterprise Science and Production Association named after S.A. Lavochkin and many others.

The shareholders of the Russian Insurance Centre are the Сlosed Joint-Stock Сompany URALOBORONPROM, the Open Joint-Stock Company Science and Production Association Energomash named after Academician V.P. Glushko, the Open Joint-Stock Company United Design Bureau named after A.S. Yakovlev and other companies of the Russian military industry.

The Russian Insurance Centre has long-term cooperation contracts. In particular, the cooperation contract with the Open Joint-Stock Company Air Defense Group of Companies Almaz-Antey envisions not only provision of comprehensive insurance protection to the holding company but also mutual cooperation in implementing the investment programs of the group of companies.

The insurance programs offered by the Russian Insurance Centre reflect special features of the military industry and peculiarities of insurance risk assessment for it.

The Russian Insurance Centre offers insurance protection for the complete production cycle of the enterprise ranging from the stage of obtaining a license, developing, producing, testing defensive products and delivering them to the customer to the stage of post-warranty service as well as potential upgrade of weaponry, military and special equipment.