Insurance system for Kyrgyzstan
An actively developing insurance market
- 20+insurers
- 5 billion sominsurance premiums
- 40%growth over 3 years
Market
The insurance market of Kyrgyzstan is growing thanks to digitalization and state support. Compulsory MTPL and health insurance create steady baseline demand.
Regulatory requirements
- Finnadzor reportingRegulatory forms and report submission
- National currencySom and multi-currency contracts
- Electronic signatureDocument signing under the standards of Kyrgyzstan
What is adapted in the system
The system reflects the specifics of the Kyrgyz market: data from the Tunduk state bus, Finnadzor reporting and local payment systems.
Tunduk
Person data by PIN and vehicle data by plate number through the interagency data exchange platform.
Finnadzor reporting
Report generation, signing and submission. Country forms are delivered as a pack and updated separately from the platform version.
PayBox
Online premium collection through a payment gateway of Kyrgyzstan.
Ishenim credit bureau
Requests to the credit bureau with the data subject’s consent.
Client screening
Screening through the Tunduk provider and AML thresholds in som.
Kyrgyz language
Interface, client portal and documents in Kyrgyz.
Other countries
Shall we show the system on your products?
We will build your product in the builder, take a policy from quote to claim and estimate the implementation cost for your lines of business and countries.