The insurance company INGO paid UAH 10 million to the foreign-invested company Vortex LLC (Biosphere Group) for damage to a production and storage complex in Dnipro as a result of a rocket attack in April this year.
According to the company’s statement, the payment was made in the maximum amount of insurance coverage provided for in the contract, as the actual amount of damage significantly exceeded the liability limit.
It is specified that the Russian missile strike on the city’s civilian infrastructure caused a large-scale fire on the territory of the complex: the fire covered about 6,000 square meters. The company’s buildings and structures were significantly damaged. A technical survey found that structures were destroyed, floors and ceilings were damaged in a number of rooms, walls and partitions, internal and external facade cladding, and window and door frames were deformed. The condition of some of the premises makes further operation impossible due to the risk of emergency collapse. In addition, property inside the buildings, including production equipment, inventory, and furniture, was significantly damaged. According to official data, one employee was killed in the attack and 17 others were injured to varying degrees.
The company reports that this is the second insurance claim at this facility related to military risks. At the beginning of the year, the complex was also affected by a blast wave. At that time, the damage was less extensive and mainly affected window structures.
The Biosphere Group, which includes Vortex, is one of Ukraine’s largest manufacturers and distributors of household, personal hygiene, and professional products. The group’s enterprises are located in various regions of Ukraine and provide jobs for thousands of employees.
INGO Insurance Company has been operating in the Ukrainian market for over 30 years and provides insurance solutions for businesses and individuals. It is licensed for 18 classes of insurance, is one of the market leaders in terms of premiums, assets, and insurance payments, and has an extensive service network throughout the country.
