Business news from Ukraine

“INGO will insure risks of state enterprise Antonov for 3 million euros

14 June , 2024  

On June 13, the state enterprise Antonov (Kiev) announced its intention to conclude a contract with ASK INGO (Kiev) for services of compulsory aviation insurance of civil aviation and liability insurance. As reported in the Prozorro e-procurement system, the price offer of ASK INGO amounted to UAH 2.976 mln, with an expected value of EUR 5.607 mln.

The second bidder was IC “Universalna” with a price offer of 3.348 million euros.

As reported, the tender was announced for insurance of liability of developers, manufacturers of civil aviation equipment, maintenance organizations authorized to conduct test flights, for damage caused to third parties; insurance of liability of educational institution when performing training flights for damage caused to third parties; insurance of crew members of aircraft and other aviation personnel; insurance of persons entitled to be on board the aircraft on legal grounds

The tender was also announced for civil aviation risk insurance services (insurance classes 1, 5, 11): aircraft insurance, insurance of aviation carrier’s liability for damage caused to passengers, baggage, cargo and mail; insurance of liability of commercial civil aircraft operator for damage caused to third parties.

INGO Insurance Company JSC has been providing insurance services for 30 years. Since 2017, the main shareholder is the Ukrainian business group DCH.


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