IC “Express Insurance” (Kiev) in January-October 2024 collected insurance premiums in the amount of UAH 759,1 mln, which is by 31,3% more than the same period of 2023.
According to the insurer’s website, twice as many contracts were concluded during this period.
Premiums on CASCO amounted to UAH 593,8 mln (+18,6% to 10 months-2023), on MTPL -145 mln UAH (2,3 times more), VHI -9,8 mln UAH (+9,1%). On other types of insurance UAH 20,3 mln (+36,8%).
The company also reports that in October 2024 attracted UAH 82.7 mln of premiums, which is 20.2% more than in October last year. Including premiums on CASCO amounted to UAH 63,1 mln (+8,6%), on MTPL – UAH 17,5 mln (+95,5%).
As reported, IC “Express Insurance” 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 in the same period of 2023.
Including payments under CASCO amounted to UAH 357.5 mln (+51.1%), under CMTPL insurance – 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 has been an associated member of the Motor Transport Insurance Bureau of Ukraine.
