The Gross brand (one of the top three non-life insurers in the country) received a Brand Awards International award, and its market value increased to USD 46.4 million, which is more than 25% higher y-o-y, driven by the development of insurance services, digital solutions, and increased customer trust, according to gazeta.uz.

On May 16, at the Brand Awards International ceremony, which recognized strong and successful brands in Uzbekistan, Gross once again won the prestigious award, honoring its achievements in customer-focused insurance solutions, high service standards, and sustainable development in the Uzbek insurance market.

This year's results demonstrate a significant leap in Gross's brand capitalization. Last year, the company's brand value was estimated at USD 37 million. Thus, in just a year, the value has grown by more than 25%.

"For us, winning the award and achieving a brand valuation of USD 46.4 million is crucial confirmation that our long-term development and customer-focused strategy is 100% effective. Every dollar in this valuation represents the trust of our clients, which we value above all else. This award motivates us to move forward: to invest even more actively in digital technologies, improve customer service, and offer cutting-edge insurance products on the market", commented Otabek Nazarov, Chairman of the Board of Gross.

Gross was founded in November 2011 and today provides insurance services across 17 insurance classes in accordance with international standards. Fitch Ratings affirmed Gross's financial strength rating at B+ with a stable outlook. The rating reflects the company's favorable business profile, strengthening financial performance, and low investment risk. The rating agency Ahbor-Rating assigned Gross a financial reliability rating of uzA++, the source added.