Business news from Ukraine

Business news from Ukraine

National Bank Approved Andriy Artyukhov’s Purchase of 10.10% Stake in VUSO Insurance Company

5 November , 2026  

The National Bank of Ukraine (NBU) has approved Andriy Artyukhov, chairman of the board of VUSO Insurance Company (VUSO Kyiv), to acquire a significant stake by holding 10.10% of the insurer’s shares.

According to the NBU’s website, the decision was made on November 2, 2026.

Andriy Artyukhov began working at VUSO Insurance Company in 2003, rising from entry-level and mid-level positions to executive roles. He previously served as deputy chairman of the board for sales. Since 2018, he has served as chairman of the board of VUSO Insurance Company.

VUSO Insurance Company was founded in 2001. On April 23, 2024, the National Bank of Ukraine renewed the company’s licenses to conduct insurance activities (33 for voluntary insurance and 17 for mandatory insurance). The company has 34 representative offices, two branches, and more than 20 agency sales centers throughout the country.

According to the NBU, VUSO Insurance Company ranked sixth in terms of premiums collected among Ukraine’s property and casualty insurers for January–June 2026. During this period, the company collected 2.689 billion UAH and paid out 1.297 billion UAH in claims.

 

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