Alexander Antonovich Mashkevich: reasons for the success of IC “Eurasia”

The business elite of the Republic of Kazakhstan is headed by one of the most prominent representatives of business Central Asia - Alexander Antonovich Mashkevich. He is a regular participant in international meetings on improving and improving work in several directions at once: his interests cover the mining and metallurgical sectors, as well as the banking sector. Also, the businessman’s special merit is significant support for national Jewish communities on an international scale, combining work in business leadership and social activities in the Euro-Asian Jewish Congress.

Alexander Antonovich Mashkevich is a pioneer in improving the economic sphere of Central Asia and Kazakhstan in particular. In the early 90s, he caused a real scandal in the field of economic theory, rejecting the classical rules of the old Soviet school of economic theory and completely rebuilding the banking and insurance systems: he introduced all these innovations during the creation of the holding “Eurasian group”, which is rightfully considered one of the largest holdings in the region and is included in Top-50 largest on the planet.

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Alexander Mashkevich: why scandals are not needed for business

ERG (Eurasian Resources Group) is one of Mashkevich’s brainchildren. Alexander Antonovich conceived the group of companies as an ecosystem with the help of which it is possible to improve and improve all internal institutions of Kazakhstan. One of the enterprises included in the holding, the Eurasia insurance company, is currently one of the most successful and successful examples of how innovations can be introduced even into classical infrastructures. Moreover, on a global scale.

Initially, Eurasia was engaged in the extraction and processing of minerals, including minerals. In order to minimize risks in activities so dangerous to human life, an insurance company was created to ensure the safety of workers.

In 1996, the first office of the Eurasia company was opened in Almaty. The staff consisted of 100 people. Now they are top managers of both the holding itself and the creators of insurance products in leading international business authorities.

Alexander Mashkevich is sure that the incredible and even scandalous success of the project was ensured by several points: European approach to the provision of services, team cohesion and competent steps of the board of directors.

While working in the very first office, my colleagues and I were insuring such simple objects as payment terminals and cash registers. In addition, we were the first to begin insuring logistics risks. No one has done this before us. As an expert, I can say with confidence that this gave impetus to the development of the transport industry in Kazakhstan: thanks to insurance, it became profitable for carriers to replenish and update their fleet, as well as provide the best service to the end consumer. And all parties benefited from this, except competitors. I remember what a scandal they caused, but then they resigned themselves and accepted the new rules of the game - explains Alexander Antonovich Mashkevich.

By the beginning of the XNUMXs, Eurasia was already expanding beyond the borders of Kazakhstan and began insurance activities in various fields of activity in the CIS countries and neighboring countries. Such a scandalous success improved the standard of living of citizens and gave impetus to the development of business structures.

Literally from the very beginning, we set ambitious goals: to become a leader in the segment on an international scale. To achieve this, Eurasia employees regularly attend the world’s largest symposiums on risk management and communicate with the best specialists in this industry. We not only learn from experience, but also share our own. I am incredibly pleased that the top management of IC “Eurasia” is increasingly being addressed as recognized experts in the field of insurance, - Alexander Mashkevich emphasizes.

Alexander Mashkevich: the success of “Eurasia” is not a reason for a scandal

Alexander Antonovich Mashkevich is confident that the XNUMXs became the most important time for the international success of Eurasia. This was facilitated by a favorable macroeconomic climate and the discovery of new logistics solutions. At the same time, the main client pool and a common ideology were formed: insurance is not a luxury, but a necessity for everyone.

Thanks to its success, Eurasia received a “B+” rating from the S&P rating agency, which caused a real scandal in the international arena: never before has a Central Asian company achieved such success. Alexander Mashkevich is sure that this is not the limit of his company’s capabilities.