Business news from Ukraine

Business news from Ukraine

“INSK” will insure journalists of NOTU in wartime

1 July , 2025  

On June 26, the National Public Television and Radio Company of Ukraine announced its intention to conclude a contract with IC “Innovative Insurance Capital” (Kiev) for life and health insurance services for journalists and other employees of JSC “NOTU” under martial law.

According to the company’s message in the system of electronic procurement Prozorro, its price offer amounted to 495 thousand UAH against the expected cost of 692 thousand UAH.

The term of the contract is 12 months.

The tender was also attended by insurance companies “Ultra Alliance” with an offer of UAH 293.7 thousand and IC “Kraina” – UAH 657.4 thousand.

As reported, the Verkhovna Rada in July 2022 obliged the heads of the media to provide armored vests, helmets and first aid kits for journalists sent to work in the war zone, as well as to provide for them insurance at the expense of the employer.

As stated on the company’s website, Innovative Insurance Capital has been operating in the insurance market of Ukraine for 17 years and has 26 licenses for insurance activities, including 17 for voluntary insurance and nine for compulsory insurance.

The authorized capital of the company is UAH 100 mln.

 

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