Insurance system for Kyrgyzstan

An actively developing insurance market

RegulatorFinancial Market Regulation and Supervision Service under the Ministry of Economy and Commerce of the Kyrgyz Republic (Finnadzor)
  • 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.

Connections and standards

  • Tunduk
  • Finnadzor
  • PayBox
  • MBank
  • O!Dengi
  • Elsom
  • Ishenim
  • MTPL

Interface languages

  • Kyrgyz
  • Russian

The country profile is delivered as a versioned regulatory pack and is updated separately from the platform version.

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.