Type of project:
Business acquisition
Business location:
Kyiv, Ukraine
Year of acquisition:
2017

INGO Ukraine Insurance Company has been on the market since 1994. It is one of the TOP 5 insurers of the country. The company holds 28 licenses for various types of compulsory and optional insurance; it offers insurance services to corporate and retail customers.

The company is registered in Kyiv, the capital city of Ukraine.. It has 50 branches all over the country with about 500 employees working for it. The company’s performance in 2018 is as follows: collection of premiums was UAH 1,214 mln and insurance payouts made up UAH 527.7 mln. The company’s authorized capital is UAH 305.5 mln (as of December 31, 2018).

In 2018, IBI-Rating Agency confirmed the company’s long-term credit rating to be at the uaАА level (the greatest reliability according to the National Rating Scale) with the “stable” forecast.