NSK. Always on your side
Oil Insurance Company: 30 years and a network of offices across Kazakhstan
Oil Insurance Company JSC (NSK) is a universal general insurer that has been operating since 1996. The company protects individual clients and organisations: from compulsory motor insurance and medical programmes to insurance of oil operations and of rail, air and water transport. An extensive office network, its own claims centres and online settlement make NSK accessible in every major city of the country.
About the company
NSK was established in 1996. Its founders set out to build a strong and dynamic company, and over three decades it has taken prominent positions in key lines of insurance. The company relies on a well-considered strategy, high standards of work and qualified management, and many partners have worked with it year after year.
2024 was a period of intensive development for NSK. According to the company, insurance premiums grew by more than 20% compared with 2023, more than 540,000 contracts were concluded with individuals and more than 75,000 contracts with corporate clients. The company attributes this result to the implementation of its development strategy, organisational and operational changes, and improvements to business processes and internal structure.
For 2025, according to the official website, NSK concluded 377,192 contracts and paid clients 12,788,938,848 tenge in insurance compensation.
| Full name | Oil Insurance Company JSC |
|---|---|
| Year founded | 1996 |
| Sector | General insurance |
| Licence | No. 2.1.26 of 13.11.2023, issued by the ARDFM |
| Rating | S&P Global Ratings: "BB-" (according to the website as of 21.09.2026) |
| Network | 50 sales offices, 13 claims centres |
| Payments in 2025 | 12,788,938,848 tenge |
| Contracts in 2025 | 377,192 |
| Head office | Almaty |
Rating and reliability
NSK's financial strength is assessed by the international agency Standard & Poor's. In June 2024 S&P affirmed the company's rating at "B+" and revised the outlook from "Stable" to "Positive". The rating was subsequently upgraded: as of 21 September 2026, the company's website shows a rating of "BB-". NSK is also a participant in the system provided by the Insurance Payments Guarantee Fund JSC.
Insurance for individual clients
Motor insurance
Compulsory motor third-party liability insurance (OGPO VTS), voluntary motor third-party liability insurance (DS GPO VAT) and a range of CASCO products: CASCO Express, CASCO Optimum and CASCO+.
Property
Classic and express home insurance, as well as liability insurance towards neighbours.
Health
Voluntary medical insurance, accident insurance and medical insurance for labour migrants and non-residents.
Travel
Insurance for tourists travelling abroad, covering medical expenses.
Solutions for business
Transport
Vehicle fleets, rail, air and water transport, compulsory carrier's liability insurance towards passengers.
Property and cargo
Insurance of inventory, cargo and construction and erection risks.
Staff
Corporate medical insurance for employees and travel insurance for business trips.
Energy
Insurance of oil operations, the company's core specialisation.
Compulsory classes
Civil liability insurance for private notaries, audit organisations and owners of hazardous facilities; environmental insurance.
Online services and support
NSK clients can calculate the cost of a policy in the calculator, check whether a policy is valid, find out their bonus-malus class and use the vehicle depreciation calculator. After registering in the personal account, clients can manage their contracts and settle insured events online. The company's contact centre operates around the clock, and all sales offices and claims centres are marked on the map on the website.
Important: for voluntary classes, the scope of cover depends on the programme. For example, the three CASCO options differ in the set of risks and terms; check the details in the insurance rules before paying.
How to settle an insured event
Report the event
Call NSK's 24-hour contact centre immediately after the incident and get instructions.
Submit a claim
File a claim online in your personal account or at one of the company's claims centres.
Provide documents and the insured object
Hand over documents about the event; for a car or property, specialists will carry out an inspection and assess the damage.
Receive compensation
After reviewing the claim, the company makes a decision and pays the insurance compensation.
An NSK policy through Dynasty
Dynasty will help you choose and take out an Oil Insurance Company JSC policy. Calculate the cost in the calculator, compare NSK's terms with other insurers and get help from a Dynasty manager in choosing a programme and settling an insured event.