JSC Insurance Company Victoria

Insurance Company Victoria provides insurance services in Kazakhstan since 1993. The current license gives the right to carry out insurance and reinsurance activities for 16 types of voluntary insurance and 6 types of compulsory insurance. It belongs to the category of non-life insurance companies.

Mission of the Insurance company Victoria

Taking care of the financial well-being of each insured and promoting improvement of insurance culture and sustainability of the insurance system of the Republic of Kazakhstan.

Corporate values

  1. Reliability: Insurance company Victoria works in insurance since 1993. During its work, the company provides dynamic growth and strengthening its position in the insurance market. The company meets all the requirements of the legislation of the Republic of Kazakhstan regarding financial sustainability, software, information technology support.
  2. Quality: The Quality Management System of compliance with the international standard ISO 9001:2000, implemented in the insurance company Victoria, allows us to state and constantly maintain a high level of service quality for insureds.
  3. Accessibility: Insurance company Victoria, having an extensive regional network, provides insurance services for all population stratum and all types of legal entities in all regions of Kazakhstan.
  4. Transparency: The Insurance Company Victoria regularly provides financial statements to the Committee for the Control and Supervision of the Financial Market and Financial Organizations of the National Bank of Kazakhstan, tax authorities; annually publishes financial statements in mass media. The company is open for cooperation with representatives of mass media, regularly covers the results of its activities and comments events in the insurance market.
  5. Publicity: JSC IC Victoria is focused on the needs and expectations of its insureds: conducts regular public awareness campaign to clarify the rights and obligations of insurance market participants; quickly responds to questions from insureds; provides active assistance to insureds in resolving their difficulties on insurance issues.
  6. Progressiveness: in order to improve the quality and efficiency of the provided services, JSC IC Victoria constantly upgrades its software and hardware complex. Possessing unique historical experience, the Company acts as an active participant in the improvement of the insurance system of Kazakhstan as a whole.

Board of Directors of the Insurance company Victoria

Rashit Temirbulatovich Sarsenov

(from December 27, 2006)
  • The Chairman of the Board of Directors of JSC IC Victoria
    1. representation of company’s interests in relations with third parties;
    2. executing powers of attorney for the right to represent the company in its relations with third parties;
    3. issues appointment orders, orders on transfer and dismissal regarding partnership employees, determines the wage system, adjusts salaries and personal allowances, decides questions on bonuses, takes incentive measures and imposes disciplinary penalties;
    4. carrying out other functions defined by the company’s charter and the Law of the Republic of Kazakhstan “On Limited and Additional Liability Partnerships”.

Raushan Zeinullaevna Erzhanova

(from September 15, 2016)
  • Member of the Board of Directors of JSC IC Victoria
  • Independent director – member of the Board of Directorsof JSC IC Victoria

Mira Stanislavovna Standitskaya

(from December 27, 2006)
  • Member of the Board of Directors of JSC IC Victoria
  • Independent director – member of the Board of Directorsof JSC IC Victoria

Managing Board of JSC IC Victoria

Raushan Zeinullaevna Erzhanova

(from April 29, 2005)
    • organization of the decisions implementation of the general shareholders’ and the board of directors’ meeting;
    • representation of company’s interests in relations with third parties;
    • executing powers of attorney for the right to represent the company in its relations with third parties;
    • hires, transfers and dismisses employees of the company (except cases handled by the legislation of the Republic of Kazakhstan), applies incentives and disciplinary measures to them, adjusts salaries and personal allowances to salaries in accordance with the staff list of the company, determines the bonuses size of employees of the company, except employees of the executive body and internal audit of the company;
    • in case of her absence, entrusts the performance of her duties on one of the members of executive body;
    • responsibilities allocation, as well as the scope of authority and responsibility between members of executive body;
    • carrying out other functions defined by the company’s charter and decisions of the general shareholders’ and the board of directors’ meeting.
    • organization of the decisions implementation of the general shareholders’ and the board of directors’ meeting;
    • representation of company’s interests in relations with third parties;
    • executing powers of attorney for the right to represent the company in its relations with third parties;
    • hires, transfers and dismisses employees of the company (except cases handled by the legislation of the Republic of Kazakhstan), applies incentives and disciplinary measures to them, adjusts salaries and personal allowances to salaries in accordance with the staff list of the company, determines the bonuses size of employees of the company, except employees of the executive body and internal audit of the company;
    • in case of her absence, entrusts the performance of her duties on one of the members of executive body;
    • responsibilities allocation, as well as the scope of authority and responsibility between members of executive body;
    • carrying out other functions defined by the company’s charter and decisions of the general shareholders’ and the board of directors’ meeting.

Sergey Petrovich Lavrentyev

(from April 29, 2013)
  • Member of the Managing Board of JSC IC Victoria
  • Deputy Chairman of the Managing Board of JSC IC Victoria

Talgat Nugmanovich Baiguzhaev

(from July 12, 2017)
  • Member of the Managing Board of JSC IC Victoria
  • Deputy Chairman of the Managing Board of JSC IC Victoria

Zulfia Galymovna Galymova

(from July 12,2017)
  • Member of the Managing Board of JSC IC Victoria
  • Chief Accountant of Accounting and Reporting departmentof JSC IC Victoria

Shareholders of JSC IC Victoria

R.T. Sarsenov

common shares: 5000; preferred shares: 0; share: 97,85%

Joint Stock Company Nurbank

common shares: 110; preferred shares : 0; share: 2,15%


Information on belonging to associations (unions), association of insurance (reinsurance) companies and insurance brokers

1. Insurance payments guarantee fund – from October 18, 2003. Address: 480091, Almaty, Ryskulbekov st., 28, block 7, RC “Bai Tal”
2. Association of Kazakhstan Insurers – from November, 2014. Address: 050008, Almaty, Auezov st., 48
3. Financial Institutions’ Association of Kazakhstan – from June 27, 2003. Address: 050040, Almaty, Baizakov st., 280
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