Business news from Ukraine

Business news from Ukraine

Supervisory Board of “UPSK” Suspended CEO from Her Duties

8 September , 2026  

On September 7, the Supervisory Board of PJSC “Ukrainian Fire and Insurance Company” (UPSK, Kyiv) suspended CEO Natalya Vorobyev from her duties due to the expiration of her contract.

According to official information from the insurer posted on the National Securities and Stock Market Commission’s (NSSMC) disclosure system, she had held this position since September 9, 2021.

In addition, it is noted that Oleksandr Linichenko has been appointed acting Chair of the Management Board; he has served as a member of the Management Board and Deputy Chair of the Management Board of UPSK PJSC for the past five years.

UPSK PJSC was registered in 1993. It specializes, in particular, in motor vehicle insurance, financial risk insurance, travel insurance, property insurance, cargo insurance, and baggage insurance.

According to the company, Alexander Mikhailov owns 99.999% of its shares.

According to data from the National Bank of Ukraine (NBU), the company ranks 16th among Ukraine’s non-life insurers in terms of premiums written in 2025.

 

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