Due to the economic situation in Ukraine, the shareholders of Veltliner Insurance Company (Kyiv) have decided to merge their business and team of specialists with ASKO Donbass North Insurance Company (Druzhkivka, Donetsk region), the Forinsurer website reports.
It is noted that some of the shareholders of Veltliner Insurance Company became shareholders of PJSC “IC “ASKO DS”, as a result of which the companies will continue to operate under the single brand “ASKO DS”, which will expand the presence of the insurer in the regions throughout Ukraine and improve the quality of service and insurance services.
IC “ASKO-Donbass North” was registered in November 1991. Since 1994, it has been a member of the Motor (Transport) Insurance Bureau of Ukraine, and since 2015 – a member of the Insurance Business Association.
The company’s shareholders are Yevhen Matushevsky with a 20.74% stake, Oleksandr Ivanenko (17.91%), Viktor Spir (9.18%), Yuriy Kostyshyn (9.99%), Andriy Alekseev (4.82%), Ruslan Sheremet (9.99%), Olga Kopot (9.99%), Lyudmila Shopulko (7.34%) and Ruslan Lyudkevych (9.99%).
Veltliner Insurance Company was founded on November 12, 1997. Since 2012, it has been the legal successor of PJSC Insurance House “Evropeyskiy Mir”. It holds 28 licenses for voluntary and compulsory insurance, and offers more than 100 insurance products to its customers.
According to the National Securities and Stock Market Commission, as of the second quarter of 2023, 33.86% of the company is owned by Andriy Alekseev, 27.5% by Ruslan Sheremet, and four other individuals own stakes ranging from 9.1% to 9.9%.
