Business news from Ukraine

KYIVSTAR AND ALFA INSURANCE LAUNCH ONLINE INSURANCE SERVICE

The Kyivstar mobile communications operator jointly with Alfa Insurance (Kyiv) has launched the online travel insurance service for prepaid and contract subscribers.
The cost of an insurance policy for a seven-day trip will be about UAH 300 (the total cost of the policy depends, among other things, on the exchange rate). At the same time, it is valid in all countries, covering all medical services in case of the need to provide emergency assistance abroad.
The amount for which the subscriber is insured is EUR 30,000. At the same time, prepaid subscribers will receive a bonus of UAH 100 to the account, contract subscribers – an additional 20 minutes in roaming. Bonuses are valid 30 days after the start of the insurance period and only in roaming.
The cost of the policy for 14 days will be about UAH 600, for 21 days – about UAH 950.
The subscriber can receive and pay for the policy online without visiting the company’s office.
Roaming from Kyivstar is available in 195 countries.

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ALFA INSURANCE INCREASES PREMIUM COLLECTION BY 26% IN Q1

Alfa Insurance (Kyiv) in January-March 2018 increased premium collection by 26%, to UAH 151.7 million, according to the website of the insurer. It is also noted that premiums for voluntary insurance of cargo and baggage increased by 80%, accident insurance by 67%, voluntary medical insurance by 56%. Alfa Insurance was founded in 2000. It specializes in risk types of insurance. It is represented in all regions of Ukraine. The charter capital of the company is UAH 103.48 million.