The Supervisory Board of VUSO Insurance Company has approved the renewed composition of the Management Board, appointing Olga Levchenko and Igor Frolov, internal specialists, as Deputy Chairpersons of the Management Board, according to information from the insurer.
“The renewal of the board’s composition provides a balance of professional expertise and fresh perspectives, which strengthens the team. This allows us to combine proven approaches with new ideas, increases decision-making flexibility, and contributes to the consistent implementation of business goals,” emphasized Mikhail Nazarchuk, chairman of the insurance company’s supervisory board.
According to the information, Olga Levchenko has more than 23 years of experience in the insurance industry. She has many years of experience in management positions in insurance companies, and for the last three years she has been overseeing the development of medical insurance at VUSO. In her new position, she will focus on medical and travel insurance and underwriting.
Igor Frolov has been working in the financial sector since 2007. In 2016, he headed the central branch of VUSO in Kyiv and managed sales in the region. As a member of the Management Board, he is responsible for alternative sales channels, customer and non-operational support, marketing, and partnerships with tour operators.
As noted in the information, the current composition of the Management Board is as follows: Chairman of the Management Board Andriy Artyukhov, Deputy Chairpersons of the Management Board Olga Kabanets, Olga Levchenko, and Igor Frolov.
VUSO Insurance Company was founded in 2001. According to the NBU, the company ranks fourth among non-life insurers in Ukraine in terms of premiums collected for the first nine months of 2025.
On April 23, 2024, the National Bank of Ukraine reissued the company’s licenses to conduct insurance activities (33 for voluntary and 17 for compulsory types of insurance). VUSO Insurance Company has 34 representative offices, 2 branches, and more than 20 agency sales centers throughout the country.
