Insurance company Vuso and international insurance broker WTW have developed and started to implement the program of insurance of ground cargo transportation on the territory of Ukraine with coverage against military risks, according to the press release of the insurer.
It is also noted that the established limit of market capacity will provide full protection and support to Ukrainian and foreign enterprises engaged in cargo transportation on the territory of Ukraine. This program is reinsured in the private reinsurance market of Great Britain and Lloyd’s, with participation of leading reinsurers and leadership of Markel syndicate.
The insurance program developed by Vuso and WTW will contribute to the sustainability of the Ukrainian economy, the safety of cargo transportation and guarantee the maximum level of financial support for the insurance company’s clients.
“During wartime, we faced many issues that required consistent solutions. We are glad that WTW Ukraine supported Vuso on this case. The main task for today is to guarantee stability and comfort to our corporate clients regardless of the current events in our country. (…) This capacity will allow us to expand the range of programs for Ukrainian business to protect cargo transportation from military risks”, – says the Chairman of the Board of IC Vuso Andrey Artyukhov.
The project is already realized. You can learn more about the program from representatives of Vuso or WTW Ukraine.
The global consulting, brokerage company Willis Towers Watson (WTW) provides analytical solutions in the field of people, risk and capital. Using the global perspective and local expertise of colleagues operating in 140 countries and markets, it helps organizations develop their strategy, improve organizational resilience, motivate their people and maximize productivity.
VUSO IC was founded in 2001. The company holds 50 licenses: 34 – for voluntary and 16 – for compulsory types of insurance, is represented in all regions of Ukraine. It is a member of ITSBU and UFS, a participant of the Agreement on direct settlement of losses and a member of the Nuclear Insurance Pool.
