The company ranked first in Russia’s professional insurance brokerage market by commission revenues in 2024, according to the Association of Professional Insurance Brokers.
According to the Association of Professional Insurance Brokers, RC Insurance Broker generated 5.6 billion rubles in commission revenues in 2024, the highest figure among insurance brokers in Russia. This represented 26.2% of the country’s insurance brokerage market. The company thus reinforced its leading market position while maintaining steady growth amid heightened economic volatility.
The results were officially confirmed by the Association’s statistical report and received extensive coverage in leading business publications, including Kommersant.
The company attributes this performance to a consistent long-term strategy, including a review of its internal processes and a sharper focus on key market segments. Its priorities include supporting major industrial clients, strengthening its product capabilities and integrating digital solutions into corporate insurance programs.
“Leading in the rankings is more than an achievement; it validates the direction we have chosen. Our approach is built on professionalism, adaptability and a commitment to putting our clients’ interests first” — commented the company’s Board of Directors.
In 2023, RC Insurance Broker completed the restructuring of its ownership and underwent a rebranding, while retaining the core expertise developed over many years as part of the international Willis Towers Watson group. The company continued to draw on international quality standards and scalable approaches to risk management.
Key results for 2024:
- Commission revenues increased 22% year on year;
- The company’s market share reached 26.2%, equivalent to RC Insurance Broker earning one ruble out of four generated across the sector;
- Corporate clients accounted for more than 90% of the company’s portfolio, ranging from energy and metals companies to logistics and infrastructure operators.
The company holds leading positions in industrial risk insurance, reinsurance, the review and audit of project solutions and advisory support for complex transactions involving heightened liability exposures.
