In January-July 2024, Express Insurance (Kyiv) collected insurance premiums in the amount of UAH 504.7 million, which is 32.2% more than in the same period of 2023.
According to the insurer’s website, the number of contracts concluded during this period was 2.2 times higher.
Premiums for hull insurance amounted to UAH 395 million (+18.4% compared to 7 months of 2013), for MTPL – UAH 94.6 million (2.5 times more), for VHI – UAH 7.1 million (+9.7%), for other types of insurance – UAH 8 million (96.3%).
In July 2024, the company attracted UAH 79.1 million in premiums, which is 28.3% more than in July last year. In particular, motor hull insurance premiums amounted to UAH 59.5 million (+16.4%), and motor TPL premiums – UAH 17.5 million (2.1 times).
As reported, in January-July 2024, Express Insurance paid UAH 287.1 million in claims, which is 60.1% higher than in 2023. In particular, payments under motor hull insurance amounted to UAH 242.2 million, or 53.9%, under MTPL – UAH 37.6 million (+143.1%), under voluntary health insurance – UAH 3.4 million (-9.4%), payments under other insurance contracts – UAH 4 million (+40.7%).
In July 2024, the company paid out UAH 43.8 million to customers, which is 47% more than in July 2023. In particular, UAH 36 million (+35%) was paid out under motor hull insurance contracts, and UAH 6 million (+175.2%) under MTPL insurance contracts.
Express Insurance ALC was founded in 2008. It is part of the UkrAuto group of companies. The company specializes in motor insurance. Since April 2012, it has been an associate member of the Motor Transport Insurance Bureau of Ukraine.
IC “Express Insurance” (Kiev) in January-June 2024 collected insurance premiums in the amount of UAH 425,6 mln, which is 32,9% more than the same period of 2023.
As it is specified on the website of the insurer, 2,2 times more contracts were concluded during this period.
Premiums on CASCO amounted to UAH 355,5 mln (+18,8% to 6 months-2023), on MTPL – UAH 77,1 mln (2,7 times more), VMI – UAH 5,9 mln (+14,8%), on other types of insurance – UAH 7,2 mln (2 times more).
In June 2024 the company attracted UAH 75,6 mln of premiums, which is by 21,8% more than in June of the last year. Including premiums on CASCO amounted to UAH 57.9 million (+7.4%), on MTPL insurance – UAH 16 million (2.1 times).
As reported, in January-June 2024 IC “Express Insurance” made payments in the amount of UAH 243,3 mln, which is 62,7% higher than in 2023. Including payments under CASCO amounted to UAH 206,2 mln, or by 57,8%, under CMTPL insurance – UAH 31,5 mln (+137,8%), under voluntary health insurance – UAH 3 mln (-6%), payments under other insurance contracts – UAH 2,6 mln (+7,3%).
In June 2024, the company paid out UAH 43.9 mln to clients, which is 55.5% more than in June 2023. In particular, under hull insurance contracts paid out UAH 35.8 million (+41.4%), from MTPL insurance – UAH 6.9 million (+266.1%).
ALC “Express Insurance” was founded in 2008. It is a part of the group of companies “UkrAvto”. It specializes in motor insurance. Since April 2012 it is an associate member of the Motor Transport Insurance Bureau of Ukraine.
Since the beginning of 2024 the number of service station-partners of IC “Express Insurance” has increased by 22 stations throughout Ukraine, and as of July 1, 2024 their total number is 83.
As reported in the information of the company, in June 2024 five more new partners in Volyn, Zhytomyr, Cherkassy, Chernovtsy regions and Kiev joined the network of the company.
The company notes that the expansion of the network will allow to provide the best service for customers in a convenient place for them, as well as is an important element of its strategy and a necessary condition for fulfillment of obligations in accordance with the requirements of the new Law on compulsory civil liability insurance of owners of land vehicles.
Express Insurance ALC was founded in 2008 with participation of UkrAVTO Corporation. The company specializes in automobile insurance.
IC “Express Insurance” (Kiev) in January-May this year collected insurance premiums in the amount of UAH 350 mln, which is 35,6% more than in the same period of 2023.
As it is specified on the website of the insurer, during this period 2,5 times more contracts were concluded than in five months of 2023.
Premiums on CASCO amounted to UAH 277,6 mln (+20,9% to 5 months of 2023), on MTPL – UAH 61,1 mln (2,9 times more), VHI – UAH 4,9 mln (+13,4%), on other types of insurance – UAH 6,4 mln (+2,1 times).
In May 2024, the company attracted UAH 82.3mn of premiums, which is 28% more than in May last year. Among them, CASCO premiums amounted to UAH 64.8mn (+13.8%), MTPL premiums – UAH 15.8mn (+149.5%).
As reported, during this period the company paid UAH 200 mln, which is by 64.3% or by UAH 78.1 mln more than the same indicator of 2023.
Including payments on CASCO amounted to UAH 170.3 million, or 61.7% of all payments, and payments on MTPL – UAH 24.7 million (+116.7%), on voluntary health insurance – UAH 2.4 million (-14.4%), payments on other insurance contracts – UAH 2.1 million (+12.08%).
Express Insurance” ALC was founded in 2008 and is a part of “UkrAvto” group of companies. The company specializes in car insurance. Since April 2012 it is an associate member of the Motor Transport Insurance Bureau of Ukraine.
The number of clients of IC “Express Insurance” on compulsory insurance of motor liability of owners of land vehicles (MTPL) in January-April 2024 increased by 3.2 times, the insurer’s website reports.
It is noted that this is the largest indicator in the market of MTPL insurance in Ukraine for this period.
Payments of the company on MTPL, victims of road accidents for this period, increased in 2,2 times and amounted to almost 19,4 million UAH. The average amount of damage, which was paid out by IC Express Insurance during this period, exceeded by 2% the similar indicator in the market and amounted to UAH 37,4 th.
The company also notes that as the number of clients increases, it accelerates the process of settlement of insurance events. According to the results of April 2024, the average number of days from the date of application to the date of payment in IC “Express Insurance” decreased to 29,6 days against 43,5 days in April 2023.
ALC “Express Insurance” was founded in 2008 with participation of the leader of the Ukrainian automobile market – corporation “UkrAVTO”. The company specializes in automobile insurance.
Since April 2012 IC “Express Insurance” is an associated member of the Motor Transport Insurance Bureau of Ukraine.
IC “Express Insurance” (Kiev) in January-April of this year made payments to the amount of UAH 148.3 million, which is 61.3% more than the same period of 2023.
According to the insurer’s website, including payments on CASCO amounted to UAH 125 million (58.2% more), on MTPL – UAH 19.6 million (+2.1 times), VHI – UAH 2.1 million (-11.9%), from other types of insurance – UAH 1.6 million (+14.9%).
Express Insurance Ltd. was founded in 2008 and is a part of UkrAvto group of companies. The company specializes in motor insurance. Since April 2012 it is an associate member of the Motor Transport Insurance Bureau of Ukraine.
