Business news from Ukraine

Business news from Ukraine

Express Insurance paid out UAH 1.88 mln for comprehensive insurance in 10 EU countries

In July 2025, Express Insurance settled insurance claims under CASCO contracts in Bulgaria, Spain, Italy, Latvia, Moldova, Germany, Poland, Slovakia, France, and the Czech Republic.

According to the company’s website, the total amount of payments reached UAH 1.883 million.

It should be noted that in most cases, these were traffic accidents or damage caused by unlawful actions of third parties.

For example, a nighttime encounter with a wild moose while traveling between settlements in Poland resulted in damage to the hood, front bumper, right front door, mirror, windshield, and other elements of the front of the car. The company paid out UAH 1.1 million.

In addition, the company paid UAH 271,800 for damage to the windshields of customers traveling on the roads of Spain, Italy, Germany, and Poland caused by stones flying out from under the wheels of other cars.

While driving out of one of the streets in the old part of Barcelona, a customer accidentally hit a fence and a curb, damaging the front bumper, right rear fender, and plastic trim under the right sill. The CASCO payment amounted to over UAH 40,000.

Express Insurance was founded in 2008. It is part of the UkrAVTO group of companies. It specializes in car insurance. The consistently high speed of settlement of claims at the insurance company is ensured by optimal interaction with partner service stations.

 

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“Express Insurance” in June paid out to clients in Europe on hull insurance more than UAH 2.4 mln.

IC “Express Insurance” in June 2025 settled insured events under hull insurance contracts in Greece, Spain, Italy, France, Poland, Croatia, Romania and Belgium for the total amount of UAH 2,439 million, the insurer’s website reports. It is emphasized that all cases, on which payments were made this month, were connected with road accidents.

So in particular, while driving on a high-speed highway in Greece, the car of the company’s client suddenly became uncontrollable – the car had a torn off wheel. The car was pushed onto a jackknife, after which it was dragged for about 100-150 meters. As a result of the collision, the front right part of the car was significantly damaged, including suspension elements and the bottom of the engine. The payout amounted to more than UAH 2 mln.

Ten insured events occurred during parking – in different countries, but under similar circumstances. The total amount of payments on all cases amounted to almost UAH 295 thousand.

Four insured events occurred with parked cars. In each of them the drivers discovered the damage after returning to the car. The total amount of payments on these cases amounted to UAH 105,5 thousand.

Express Insurance” ALC was founded in 2008 with participation of Ukravto Group.

The company is represented in more than 60 points of sale throughout Ukraine and actively expands the network of partner service stations.

 

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Ukraine’s Export Credit Agency is looking for insurer for CASCO

On June 19, the Export Credit Agency (ECA) announced a tender for voluntary insurance of motor vehicles (CASCO), according to the state procurement system Prozorro. The expected cost of purchasing the services is UAH 50 thousand. The deadline for submission of documents is June 28, 2025.
The Export Credit Agency of Ukraine (ECA) is a state institution that supports non-resource exports by insuring the risks of enterprises and banks. The agency insures foreign economic contracts, export credits, bank guarantees, and investment loans against military risks.

 

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Ukrhydroenergo announced tender for comprehensive motor insurance for its branches

On June 6, PJSC Ukrhydroenergo announced a tender for voluntary motor vehicle insurance (CASCO) for its subsidiaries (Kiev Hydroelectric Power Plant Cascade and Pumped Storage Power Plant), according to the Prozorro electronic public procurement system.

The expected cost of the insurance purchase is UAH 344,857 thousand.

The deadline for submitting tender documents is June 16.

Ukrhydroenergo operates all large hydroelectric power plants located on the Ukrainian sections of the Dnieper and Dniester rivers. The total installed electric capacity of the power company’s hydroelectric power plants is 5,744.8 MW.

 

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Central Election Commission has announced tender for CASCO and MTPL insurance

On November 26, the Central Election Commission announced a tender for voluntary insurance of motor vehicles (CASCO) and compulsory motor third party liability insurance (MTPL), according to the Prozorro e-procurement system.
The total expected cost of the purchase of services is UAH 439.2 thousand.
The last day for receipt of bids is December 4.
The winner of a similar tender a year earlier on hull insurance was IC “Ultra Alliance”.

 

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“Boryspil International Airport” announced tender for hull insurance services

On August 1, the state enterprise “International Airport “Boryspil” (Kiev) announced a tender for the purchase of voluntary insurance of motor vehicles (hull insurance), according to the system of electronic public procurement Prozorro.

The expected cost of purchase of services is UAH 44.6 thousand. Security of the tender offer is not required.

The deadline for submission of bids is August 9.

 

 

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