In January 2025, Express Insurance (Kyiv) collected UAH 61.7 million in insurance premiums for voluntary motor insurance, which is UAH 14 million, or 29.2%, more than in 2024, the insurer’s website reports. In addition, according to the website, premiums for compulsory motor third-party liability insurance amounted to UAH 38.2 million, which is UAH 28.5 million, or almost four times more than in January 2024.
As for other types of insurance, the company collected UAH 2.7 million in January.
In total, in the first month of the year, the insurer collected UAH 102.6 million in premiums, which is 71.9% more than in January 2024.
In January, the company reportedly paid out more than UAH 34.4 million, which is 17% more than in the same period of 2024. In particular, payments under hull insurance amounted to UAH 27 million (+5.3%), under MTPL – UAH 6.8 million (2.4 times more), payments under other insurance contracts – UAH 660 thousand.
“The increase in MTPL payments is a direct result of customer confidence in the company and an increase in the number of contracts concluded,” the statement said.
Express Insurance ALC was founded in 2008 and is part of the UkrAVTO group of companies. The company specializes in automobile 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.
