In 2024, Express Insurance (Kyiv) collected insurance premiums in the amount of UAH 932.5 million, which is 29.1% more than in 2023, according to the insurer’s website.
It is noted that the increase in insurance premiums was made possible due to a significant increase in new customers and a doubling of the number of contracts concluded compared to the previous year.
Thus, premiums under hull insurance contracts for 2024 amounted to UAH 723.9 million, which is UAH 101.9 million, or 16.4%, higher than the same indicator in 2023, for MTPL – UAH 184.4 million (+125.9%), for other types of insurance – UAH 24.2 million (+29.9%).
As reported, in 2024, the company made payments in the amount of UAH 512.6 million, which is 54.8%, or UAH 181.6 million, higher than in 2023.
In particular, payments under motor hull insurance amounted to UAH 426.7 million (+47.9%), under MTPL – UAH 73 million (2.3 times more), payments under other insurance contracts – UAH 12.9 million (+15.8%).
Express Insurance was founded in 2008 and is a part of UkrAVTO group of companies. It specializes in motor insurance. The consistently high speed of claims settlement in the IC is ensured by optimal interaction with partner service stations.
Since April 2012, Express Insurance has been an associate member of the Motor Transport Insurance Bureau of Ukraine.
