Insurance Company “TIT” LLC was founded in 1993 by a number of aviation companies to provide insurance in the civil aviation.
In the year 2013, TIT reached the age of 20, and all these years the Company was among the largest Russian insurance companies, gained professional authority and has sound financial standing.
The Company earned a great reputation, has sound financial standing and developed team of professionals. Great experience in the insurance of global contracts, international carriage, peace-making and humanitarian missions (including War Risks insurance) and availability of automatic reinsurance programs in the global reinsurance market on various reinsurance types.
In pursuance of the decision of the Credit Rating Committee, the Expert RA (rating agency) assigned rating “A+” (very high level of reliability) to Insurance Company “TIT” LLC.
In the structure of TIT share property, 48% owned by the group of companies who are the members of the Russian Funds Invest Group and 52% owned by the TIT management. The Russian Funds Invest Group (www.rusfund.ru) is one of the leading members in the Russian finance market and represents a conglomerate finance holding specialized in intermediary services for stock and debenture trading, mergers and acquisitions, arranging of debt financing for Russian companies, investments in construction of immovable property, asset management and pension funds management.
Aviation insurance is traditionally one of priority types of Company’s business. Company ranks among the first ten Russian insurers on collection of premiums on aviation insurance.
Broad range of licenses for various insurance types allows the Company to diversify its insurance portfolio by risks of various insurance types, such as insurance of property and valuable interest, accident insurance, voluntary medical insurance, overseas travel insurance, motor and cargo insurance, various professional liability insurance, etc.
Full list of insurance types, applicable wordings and basic tariffs one can find in the appropriate sections of web site.
License for incoming reinsurance allows accepting large insurance risks in reinsurance on various insurance types.
The number of staff in the Company is about 100 persons, including branches specialized for reinsurance.
The Company is a member of the All Russia Union of Insurers (“ARIA”) http://www.ins-union.ru/eng, member of the National Insurance Guild (“NIG”), Russian Association of Aviation and Space Insurers (“RAASI”). Company’s personnel woks in ARIA Committee, Coordination Board of RAASI, chairman the NIG.
For many years, TIT’s mission has been in reliable cover of valuable interests of organizations and undertakings of all business types by means of providing the wide range of insurance services and effective development considering the interests of shareholders, clients and the staff. Following this mission allows maintain the Company slogan “Stability, Experience, Guarantees”.