Business news from Ukraine

Business news from Ukraine

MTPL insurance for vehicles of State Service for Special Communications and Information Protection will cost 2.9 times cheaper than planned by tender

On January 20, the State Service for Special Communications and Information Protection (SSSPZZI) announced its intention to conclude a contract of compulsory civil liability insurance of owners of land vehicles (MTPL) with IC “VUSO” (Kiev)

As reported in the system of electronic procurement Prozorro, the company’s price offer amounted to UAH 289.5 thousand against UAH 850.7 thousand of the expected cost of purchasing services.

The tender was also attended by the insurance company “Guardian” with a proposal of UAH 381.2 thousand, “Arsenal Insurance” with a proposal for a hryvnia more than that of ‘Guardian’, and IC “Unica” – UAH 666.6 thousand.

 

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Average cost of MTPL insurance policy in 2025 increased by 2.3 times

The average premium under contracts of compulsory motor third party liability insurance (CMTPL) in January-December 2025 (cumulative total) amounted to UAH 3.163 thousand, which is 2.32 times more than for the same period a year ago (UAH 1.362 thousand), reported the Motor (Transport) Insurance Bureau of Ukraine (MTSBU).

It is also noted that the average damage for 12 months of this year increased by 33%, to UAH 45,050 thousand against UAH 33,849 thousand for 12 months. 2024.

The average payment for damage caused to property as a result of road accidents amounted to UAH 58,048 thousand (+35,9%), according to “europrotocol” – UAH 29,478 thousand (+56,9%), and for damage to health – UAH 60,977 thousand (+11%).

The MTSBU reports that insurance companies in January-December 2025 increased the collection of insurance payments under CMTPL insurance policies 2.14 times – up to UAH 23.642 billion, and paid out UAH 6.802 billion (+41.4%).

The MTSBU is the only association of insurers in Ukraine that provides compulsory insurance of civil liability of owners of motor vehicles for damage caused to third parties. 26 insurance companies are members of the Bureau.

 

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Ukrenergo car fleet insurance: 6.5m hryvnyas budgeted for MTPL tender

PJSC National Energy Company Ukrenergo on December 24 announced a tender for compulsory insurance of civil liability of owners of land vehicles (MTPL). As reported in the system of electronic public procurement ProZorro, the expected cost of the purchase of services – 6.551 million UAH. The last day for submitting applications for participation is January 5.

NEC Ukrenergo is a state-owned company, the operator of the electricity transmission system (TSO) of Ukraine. Ukrenergo is responsible for dispatch control of the unified energy system of Ukraine, operation and development of backbone power grids, balancing of the system and ensuring stability of electricity transmission, as well as for interstate overflows and access to grids at the transmission level.

https://www.fixygen.ua/news/20251225/ukrenergo-ogolosilo-tender-na-ostspv-iz-byudzhetom-ponad-65-mln-grn.html

 

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NBU is looking for insurer for compulsory motor TPL insurance and insurance of drivers against transportation accidents

The National Bank of Ukraine (NBU) on April 23 announced a tender for compulsory insurance of civil liability of car owners and insurance of drivers against accidents in transport, according to the state procurement system Prozorro.

The expected cost of purchasing the services is UAH 1.044 mln. The deadline for submission of documents is April 30, 2025. The winner of a similar tender a year ago was IC “Guardian”.

 

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“TAS” will insure Ukraerorukh vehicles under MTPL program

On June 18, the State Enterprise for Air Traffic Services of Ukraine (UkSATSE) announced its intention to conclude a contract for the purchase of services for compulsory insurance of civil liability of owners of land vehicles (CTP) with TAS LLC (both based in Kyiv), according to the Prozorro electronic public procurement system.

As noted, the company’s price offer amounted to UAH 567.149 thousand, while the expected cost was UAH 576.270 thousand.

The company was the only bidder.

TAS was registered in 1998. It is a universal company offering its customers more than 80 types of insurance products in various types of voluntary and compulsory insurance. It has an extensive regional network: 28 regional directorates and branches and 450 sales offices throughout Ukraine.

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In 2024 number of clients of “Express Insurance” on compulsory motor TPL insurance increased by 3.2 times

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.

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