Business news from Ukraine

Business news from Ukraine

“Express Insurance” has increased payouts by 57.5% for 10 months of this year

26 November , 2024  

IC “Express Insurance” (Kiev) in January-October 2024 made payments in the amount of UAH 427,2 mln, which is by 57,5%, or by UAH 155,9 mln more than the indicator for the same period of 2023. According to the insurer’s website, including payments on CASCO amounted to UAH 357,5 mln (+51,1%), on MTPL – UAH 58,5 mln (2,3 times more), payments under other insurance contracts – UAH 11,2 mln (+16,7%).
At the same time, the company reports that in October-2024 payments to clients amounted to UAH 48 mln (+33.7%) more than in October-2023. In particular, the company paid UAH 38.4mn (+22.4%) under hull insurance contracts, and UAH 8.7mn (+2.5 times) under CMTPL insurance contracts.
Express Insurance was founded in 2008 and is a part of UkrAVTO group of companies. The company specializes in automobile insurance. Stable high speed of events settlement in IC is provided by optimal interaction with partner service stations.
Since April, 2012 IC Express Insurance is an associated member of the Motor Transport Insurance Bureau of Ukraine.

 

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