OAO UGORIA Insurance Company has been a success story in the financial market in Russia for more than a decade. Ever since its foundation, the company has provided excellent customer service, solid financial protection and peace of mind for its clients and their families, offering insurance and reinsurance to individual consumers, employers, and public purchasers. With offices in cities and towns across Russia and a professional team of 2,300 employees and 3,000 agents, UGORIA brand name has become highly recognized and respected throughout the country. Founded in 1997, state-owned UGORIA Insurance Company has grown into one of the nation’s largest publicly held insurers. UGORIA is an open joint stock company. The Company's only shareholder is Khanty-Mansiysk autonomous okrug – Yugra. UGORIA has a comprehensive product portfolio, comprising 75 personal and corporate insurance products. They include whole life and term insurance, commercial products, property, casualty and auto insurance, and more. UGORIA's nationwide network has been at the core of the Company's success. Insurance sales in our 65 regional offices supported by a field force of nearly 180 agencies located in 61 Russian regions, accounted for over 80 percent of the insurance premium earned by the Company. UGORIA’s authorised share capital has increased from 50 million roubles in 1997 to 1,833 million roubles in 2007.