Business news from Ukraine

Business news from Ukraine

National Bank Selects “VUSO” for Employee Health Insurance Worth 129 Million UAH

14 September , 2026  

On September 10, the National Bank of Ukraine (NBU) announced its intention to enter into a contract with insurance company “VUSO” (Kyiv) for employee health insurance, according to the Prozorro electronic procurement system.

With an expected cost of the service at 144.389 million UAH, the company’s bid amounted to 129.174 million UAH.

Insurance Company “Kraina” also participated in the tender—its bid was 2 UAH lower, but it was rejected.

Other participants in the tender included Insurance Company “Universalna” (UAH 129.826 million), “Arsenal Insurance” (UAH 144.159 million), and “INGO” (UAH 144.252 million).

As previously reported, on August 11, 2025, the NBU awarded the contract for employee health insurance to VUSO Insurance Company; on June 4, 2024, Universala Insurance Company was the winner of the tender.

VUSO Insurance Company was founded in 2001. It is a member of the Motor Transport Insurance Bureau of Ukraine (MTIBU) and the Ukrainian Insurance Federation (UIF), a participant in the Direct Claims Settlement Agreement, and a member of the Nuclear Insurance Pool.

According to the NBU, the company ranked third in premiums written among Ukraine’s non-life insurers as of the end of 2025.

 

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