On April 11, 2024, a new project to insure business property against war risks was launched in cooperation with Raiffeisen Bank, the global professional services company Aon, and leading Ukrainian insurance companies INGO, ARX, and Universalna.
Thanks to the project, Ukrainian businesses can insure their real estate, equipment and goods in circulation against the effects of hostilities on favorable terms. This will allow companies to minimize the risks of investment projects, attract additional financing, and reduce the risks associated with the loss or damage to property due to hostilities.
The insurance companies participating in the project will provide coverage for facilities that the bank can take as collateral when providing the loan financing. Both small and large businesses can take advantage of the war risk insurance offer by contacting the bank or Aon.
Over the course of the year, the project participants plan to build an insurance portfolio worth about UAH 1 billion in the mining and processing, retail, pharmaceutical, agro, and energy and fuel sectors.