The Oranta National Joint Stock Insurance Company was founded on 25 November 1921 and had been called Ukrderzhstrakh until 1993. In 1993 the Oranta National Joint Stock Insurance Company open joint stock company was established on the basis of Ukrderzhstrakh, with the state being represented among the founders by the State Property Fund of Ukraine. In 2007 the Oranta National Joint Stock Insurance Company became a private company, continuing to develop as the leader on the Ukrainian insurance market, improving its management system and introducing new business techniques. In its activities, the company is guided by a strategy aimed at increasing its share of the classical market while constantly expanding the range of its insurance products and raising the quality of its services for the clients.