OREANDA-NEWS. November 06, 2009. The Emergency Insurance Company (OAO ChSK) turned 15 years. It was founded in October 1994 to provide a reliable insurance protection for the territory and population of Russia in case of emergency situations, as well as rescuers and firefighters   of the Ministry of Emergencies. From 2006,  ChSK is part of INGO Group as an affiliate of Ingosstrakh IJSC.

Over 15 years, the Emergency Insurance Company has accumulated a unique experience of providing compulsory public life and health insurance  for the military, rescuers and firefighters of the Ministry of Emergencies of Russia; of insurance of activities related to operation of hazardous production facilities. The company opened its first branch in 1995 in Novorossiysk. Later, the branches were opened in St. Petersburg, Rostov-on-Don, Voronezh and other cities of Russia.

In 1997, as a result of successful operations to insure aircraft of the Ministry of Emergencies and reinsurance of space risks, including space launches, the emergency Insurance Company was granted membership in the Russian Insurance Pool for Liability Insurance within the framework of the Federal Law on Industrial Safety of Hazardous Production Facilities. 

In 1999, pursuant to the Order of 11.05.1999 № 261 of the Ministry of Emergencies of Russia, the Emergency Insurance Company became a leading entity for development of state programs of insurance protection against emergency situations, both natural and man-made, programs to prevent and mitigate consequences of industrial accidents and natural disasters. 

In 2000, the Emergency Insurance Company made an unprecedented step and insured third-party liability during demining of some areas in Kosovo within the framework of the humanitarian mission to Yugoslavia. Moreover, the Company took part in finalization and practical implementation of the Protection Insurance Program for the territory and the residents against emergency situations in the Moscow region.

The Emergency Insurance Company is the insurer of rescuers and firefighters of the Ministry of Emergencies of Russia. During 15 years of its operation, the main task for the Company was to address the issue of insurance protection of the personnel of the Ministry of Emergencies, reducing the financial burden on budgets for elimination of consequences of emergency situations.  Under the existing state contracts and agreements, the Emergency Insurance Company ensures timely compensations under compulsory public insurance of life and health of the military, employees and workers of the State Firefighting Service, rescuers of the Ministry of Emergencies of Russia.

According to Maria Panarina, the General Director of the Emergency Insurance Company, “the mission of the Company is to provide a reliable insurance protection to our clients in daily lives and in emergency situations, since quite often the work of the divisions of the Ministry is associated with enormous risks. We are grateful to everyone who chose the Emergency Insurance Company to be their insurer, since it has the most professional team in this segment of insurance and adequate capital and reserves in order to meet its obligations in full”. 

The Emergency Insurance Company is the member of the Insurance Association of Industrial Security Liability, Chamber of Commerce and Industry of Russia, Russian Nuclear Insurance Pool, Russian Pool for Insurance of Hydrotechnical Facilities, Committee of the Russian Federation for insurance of transported military products, All-Russian Union of Insurers and National Union of Liability Insurers.