The Ministry of Economy, Ecology, and Agriculture has included VUSO Insurance Company (Kyiv) in the list of insurers eligible to insure agricultural products with state support.
According to the ministry’s website, insurance companies INGO, Universalna, and VUSO are currently authorized to provide such insurance.
As reported, the state budget for 2026 provides for UAH 60 million to support agricultural insurance for the first time, for which the Cabinet of Ministers adopted the relevant changes to the procedure for providing state support on December 31.
The resolution provides for compensation for part of the insurance premiums paid, in particular up to 60% of the cost of insurance premiums for agricultural producers working in frontline communities and up to 45% for other agricultural producers.
To insure agricultural products, agricultural producers must apply to insurance companies that have been granted the right to provide such insurance in agreement with the National Bank of Ukraine. The list of such companies is published on the website of the Ministry of Economy.
Agricultural product insurance contracts will be concluded in accordance with a list of standardized insurance products, which, in particular, provide protection for winter grain crops during the winter period, for winter grain crops throughout the entire growing season, and for future grain crops during the spring and summer growing season.
VUSO Insurance Company was founded in 2001. According to the NBU, the company ranks fourth among non-life insurers in Ukraine in terms of premiums collected for the first nine months of 2025.
On April 23, 2024, the National Bank of Ukraine reissued the company’s licenses to conduct insurance activities (33 for voluntary and 17 for compulsory types of insurance). IC “VUSO” has 34 representative offices, 2 branches, and more than 20 agency sales centers throughout the country.
