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SQB Insurance vs Neo Insurance Corp: insurance company comparison

Updated: 10.11.2026 18:05More details

Comparison of SQB Insurance (СКБ Иншуранс) and Neo Insurance Corp (Нео Иншуранс Корп): NAPP figures, offices, products by type of insurance, compulsory motor liability, KASKO and online purchase on one page. Products and offices are as published on the companies’ websites on 23.10.2026.

In the NAPP report as of 01.07.2026, in general insurance: SQB Insurance — rank 14, Neo Insurance Corp — rank 15.

Also known as: СКБ Иншуранс and Нео Иншуранс Корп

Highlighted: more offices, more products that can be bought online and a higher app score. Premiums, payouts and the number of products are not highlighted: they show the size of a company, not the quality of its service. Policy prices are not compared here: companies price KASKO, voluntary health and other voluntary insurance individually, and the compulsory motor liability tariff is set by the state and is the same everywhere. The comparison is for reference: check the terms with the insurer.

The information is taken from insurers’ websites and may be out of date. Check conditions, tariffs and the licence status with the insurer. It is not a recommendation or an offer to conclude a contract.

NAPP figures

SQB Insurance / СКБ Иншуранс Neo Insurance Corp / Нео Иншуранс Корп
Rank in general insurance 14 of 29 15 of 29
Net premiums 93.4 billion UZS89 billion UZS
Year on year +57.6%+143.4%
All premiums 127.3 billion UZS100 billion UZS
Market share 1.6% 1.5%
Payouts 49.4 billion UZS20.3 billion UZS
Payout ratio 38.8%20.3%

Source: NAPP report as of 01.07.2026; premiums and payouts are year to date, “Year on year” is premium growth against the same date last year. Net premiums are all premiums minus those ceded to reinsurers. The payout ratio is payouts divided by all premiums; it can exceed 100% because payouts are also made under contracts from previous years. NAPP report ↗

Offices

SQB Insurance / СКБ Иншуранс Neo Insurance Corp / Нео Иншуранс Корп
Head office11
Branches1433
Other units03
Offices in total1537
Offices on the mapnono

Products by type of insurance

SQB Insurance / СКБ Иншуранс Neo Insurance Corp / Нео Иншуранс Корп
Motor insurance 24
Personal insurance 28
Health insurance 01
Travel insurance 13
Property insurance 01
Liability insurance 23
Business insurance 010
Other insurance 03
Products in total 733
Compulsory motor liability (OSGO) yesyes
KASKO programmes 03
Can be bought online 720
With a published price 17

The number of products follows the pages on the companies’ websites: one company splits a programme into several products, another combines them, so more products does not always mean a wider choice. Prices are not compared.

SQB Insurance · Neo Insurance Corp

About the companies

SQB Insurance / СКБ Иншуранс Neo Insurance Corp / Нео Иншуранс Корп
Founded28 November 201819.05.2023
Charter capital101,9 billion UZS—
Phone+998 71 202-55-05+998 71 202-55-66
Company websitesqbinsurance.uz ↗neoinsurance.uz ↗

Mobile apps

SQB Insurance / СКБ Иншуранс Neo Insurance Corp / Нео Иншуранс Корп
App —NEO Mobile
Overall score — 4.26 (431)
Google Play — 4.15 (287) ↗
App Store — 4.47 (144) ↗
Rank — 1

Retail apps by their Google Play and App Store ratings. If a company has several apps, the one ranked higher is compared; a rank is given to apps with at least 30 ratings, and a value is highlighted only if both apps have that many. Rating of bank and insurance company apps

Compare SQB Insurance with another company

Compare Neo Insurance Corp with another company

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Frequently asked questions

Which company is bigger — SQB Insurance or Neo Insurance Corp?

In the NAPP report as of 01.07.2026, in general insurance, SQB Insurance is at rank 14 and Neo Insurance Corp at rank 15. Net premiums year to date: SQB Insurance — 93.4 billion UZS, Neo Insurance Corp — 89 billion UZS. The size of a company says nothing about the quality of its service.

What is the payout ratio of SQB Insurance and Neo Insurance Corp?

In the NAPP report as of 01.07.2026: SQB Insurance — 38.8%, Neo Insurance Corp — 20.3%. This is payouts divided by premiums year to date; it can exceed 100% because payouts are also made under contracts from previous years. The payout ratio alone does not make a company better or worse.

Which company has more offices — SQB Insurance or Neo Insurance Corp?

According to the companies’ websites: SQB Insurance has 15 offices, Neo Insurance Corp has 37 offices.

Can I buy compulsory motor liability insurance from SQB Insurance and Neo Insurance Corp?

Yes, both companies offer it. The tariff is set by the state: the policy costs the same at every insurer.

Where can more policies be bought online — SQB Insurance or Neo Insurance Corp?

Links to buy online: SQB Insurance — 7 products, Neo Insurance Corp — 20 products. The company itself, not this site, arranges and issues the policy.