A socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5,000 people working in Russia and abroad.

The Foundation works alongside various UN departments and other international organizations, and is building multi-format cooperation with 173 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 78 countries worldwide, and 179 Russian public organizations, federal and legislative agencies, and federal subjects.

The Roscongress Foundation has Telegram channels in Russian t.me/Roscongress, English – t.me/RoscongressDirect, and Spanish t.me/RoscongressEsp. Official website and Information and Analytical System of the Roscongress Foundation: roscongress.org.

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21st century insurance

A new reality

Just a few years ago, the insurance business was completely different. Now, it’s undergoing a transformation right before our eyes. And it’s not just down to new technology: actual consumer behaviour is changing, too. The digital generation, which has become the most economically active, is setting the tone.

That generation simply can’t imagine life without gadgets and social networks. They make big demands on the quality of online service, the biggest being the availability of a convenient mobile app which enables you to select an insurance product and receive a quote straight to your mobile phone. Taking out a policy and settling an insurance claim can only be done online and without direct communication with the insurer. It’s already more than a service: it’s an important way of promoting insurance products.

New solutions

Changing stereotypes about client behaviour is a challenge for the insurance sector, which has historically been conservative. How should it cope with the tide of change? The only optioni s to adapt. Technology should aid the transition from evaluating risks based on historical data to evaluating individual risks in real time.

Companies have started to use Big Data, analysing their clients’ driving habits, health status and other factors to establish individual tariffs with the help of telematics. A topical example of future technology is insurance based on car sharing where the driver is insured only during the trip or for the exact timeframe in which the insurance is needed.

The process of settling insurance claims has become easier. For example, VSK actively settles claims remotely via the app. You can forget about that compulsory visit to the insurance office. Even now, a client who has been involved in an accident can record what happened right at the site of the road traffic accident using the VSK Insurance app. The system determines the user’s location and automatically sends it to the nearest service centre, after which he or she will receive step-by-step updates about the claim.

Another example is from the medical insurance sector: the client’s personal web office becomes a centralized medical record which shows their history of doctor’s appointments and prescriptions and allows them to speak with the doctor remotely thanks to telemedicine.

A new approach

VSK has been actively developing its online services since 2017. Rather than a fashion statement, this was a decision taken on the basis of client survey results. Clients lacked the tools to receive a quick and convenient response, that is, reassurance that the situation was under control. This is very important in insurance cases. Now, without leaving the app, you can get practically any policy: third-party liability cover, fully comprehensive insurance with online car inspection, housing insurance, health insurance (telemedicine, treatment abroad), personal accident cover, and the list goes on.

The number of clients regularly using these services has already exceeded 1.5 million. In December 2018, the VSK Insurance app was recognized as a service solution as part of the annual Innovation Time awards, whose nominees traditionally include Russia’s biggest companies such as Sberbank, Aeroflot, and Samsung Electronics.
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