In 2006, Ugoria branch in St. Petersburg has guaranteed execution of state (municipal) contracts for over Rub 1.250 bln. The majority of insurance agreements guaranteed fulfillment of obligations under contracts for repair and construction of roads, bridges, tunnels, as well as buildings' front decorations.

Liability cover against failure to fulfill or improper fulfillment of obligations envisages compensation of losses incurred due to violations of shipping terms, quality requirements, technical specifications and features of commodities and services, as well as violations of other requirements under state (municipal) contracts.

Since April 2006, Ugoria branch in St. Petersburg concludes liability insurance agreement against failure to fulfill or improper fulfillment of obligations by suppliers (executors, contractors) under state (municipal) contracts.

Having started operations in 2003, Ugoria branch in St. Petersburg has proactively entered the insurance market of North-Western region. Major directions include: personal and corporate property, motor, mortgage, manufacturers’ and service providers’ liability, cargo and other insurance classes.