Business news from Ukraine

Business news from Ukraine

Express Insurance increased its premium income by 41.3% in first quarter

1 May , 2025  

Express Insurance (Kyiv) collected insurance premiums totaling UAH 269.8 million in January-March 2025, which is 41.3% more than in the same period of 2024, according to the insurer’s website. The increase in insurance premiums was made possible by the growth in new customers and a steady increase in the number of contracts concluded compared to the previous year.

Thus, premiums under CASCO contracts for this period amounted to UAH 179.6 million, which is UAH 27.9 million, or 18.4%, more than in the same period of 2024, under MTPL – UAH 83 million (+51.4%), and under other types of insurance – UAH 7.2 million.

In January-March 2025, the company’s total insurance claims amounted to UAH 96.8 million.

Express Insurance was founded in 2008 and is part of the UkrAVTO group of companies. It specializes in motor insurance. The insurance company’s consistently high claims settlement rate is ensured by optimal interaction with partner service stations. Since April 2012, Express Insurance has been an associate member of the Motor Transport Insurance Bureau of Ukraine.

 

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