Business news from Ukraine

Business news from Ukraine

“Express Insurance” for 2 months. 2024 collected insurance premiums in amount of more than UAH 180 mln.

28 March , 2025  

IC “Express Insurance” (Kiev) in January-February 2025 collected insurance premiums in the amount of UAH 181,6 mln, which is 48,4% more than in the same period of 2024, as reported on the insurer’s website.

The increase in insurance premiums has become possible due to significant growth of new clients and stable increase in the number of concluded contracts in comparison with the previous year.

Thus, premiums under CASCO contracts for this period amounted to UAH 119,1 mln, which is by UAH 21 mln or 21,4% higher than the same indicator of two months of 2024, under CMTPL insurance – UAH 56,9 mln (+ 2,8 times), under other types of insurance – UAH 5,6 mln.

As reported, in January-February 2025, the company made payments in the amount of UAH 67,2 mln.

IC “Express Insurance” was founded in 2008 and is a part of the group of companies “UkrAVTO”. It specializes on 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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