Business news from Ukraine

Business news from Ukraine

“Express Insurance” in January-August paid out to clients more than UAH 340 mln

6 September , 2024  

IC “Express Insurance” (Kiev) in January-August 2024 made payments in the amount of UAH 340,2 million, which is 64,6% or UAH 133,5 million more than the indicator for the same period of 2023, according to the insurer’s website.

Including payments on hull insurance amounted to UAH 287.5 million (+59.1%), on MTPL – UAH 44.4 million (2.4 times more), on voluntary health insurance – UAH 3.8 million (-14.7%), payments under other insurance contracts – UAH 4.6 million (+36.4%).

At the same time, the company reports that in August 2024 payments to clients amounted to UAH 53.1 mln (+94.4%) more than in August 2023. In particular, under hull insurance contracts the company paid UAH 45,3 mln (+94,2%), under CMTPL insurance – UAH 6,8 mln (growth in 2,5 times).

Express Insurance ALC was founded in 2008 and is a part of UkrAVTO group of companies. The company specializes in 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.