PRESTIGE Insurance Company is a high-tech company that can offer financial technologies and cooperation with legal entities, banking institutions, travel companies and other non-insurance intermediaries.

COMPANY SLOGAN: WE PROTECT YOUR DREAMS!

PRIVATE JOINT STOCK COMPANY "INSURANCE COMPANY "PRESTIGE" was founded in July 2012, registered as a financial institution in August. For the years 2012-2021, the company received 25 licenses for the right to carry out insurance activities (14 voluntary and 11 mandatory), and on 04.22.2024, the company received from the NBU a license to carry out insurance activities (direct insurance and incoming reinsurance) for 14 insurance classes. The methodological base of the company has been created and includes more than 50 insurance products.

The “PRESTIGE” insurance company provides insurance services taking into account the current security situation, curfew rules, and compliance with air warning regulations. The company fulfills its obligations under the concluded contracts in accordance with their terms.

In 2021, the Prestige Insurance Company developed a program of voluntary insurance for foreigners traveling in Ukraine in case of infection with COVID-19 for the safe stay of guests of our country on the territory of Ukraine. This product was developed and implemented on the company's website for the convenience of drawing up an insurance contract, for convenient drawing up of the contract online from any country. The company's website also added mandatory liability insurance for dog owners for damage that may be caused to third parties Online and mandatory liability insurance for citizens who have weapons in their own or other legal possession. Through the partner channel, the company developed and implemented contracts for compulsory civil liability insurance of vehicle owners on the territory of the country - a member of the Council of the "Green Card" auto insurance system bureau and compulsory civil liability insurance for owners of ground vehicles.

The company is actively implementing online sales of major retail insurance products on the company's website.

From 2013 to the present, the company has been accredited by NADRA UKRAINE NJSC, included in the list of insurers of Ukraine providing insurance for travelers to EU/Schengen Agreement countries, in accordance with the requirements of Art. 15 of the EU Visa Code and EU Council Decision 2004/17/EG. In addition, in 2020, travel insurance for the Covid-19 option was developed and implemented, which covers the risks of the disease when traveling abroad for the acute respiratory disease COVID-19, caused by the SARS-CoV-2 coronavirus.

The company has a successful long-term experience of working with legal entities - participants in tender purchases of such customers as PJSC "Ukrzaliznytsia", SE "NEK "UKRENERGO", SE "Ukrainian State Center of Radio Frequencies", education departments of state administrations, municipal institutions of regional and city councils, military units , other state and commercial enterprises of Ukraine in terms of providing an insurance guarantee in the PROZORRO system.

In 2018, the company launched online sales through the website, and from now on, clients of the PRESTIGE Insurance Company can quickly purchase policies anywhere.

Since 2018, the PRESTIGE Insurance Company has been launching campaigns in Google Ads, Google Business, Facebook Business Suite, Facebook Ads Manager and corporate social media pages , "PRESTIGE Insurance Company" PJSC on Insurance company "PRESTIGE" on .

From 2018 to 2021, the company was a member of the "Insurance Business" association - an association of insurance market participants.

In 2019, the company developed and implemented the Prestige Insurance Comprehensive Information System, which provides front- and back-office support for insurance contracts.

The company fruitfully cooperates with clients in the direction of financial and economic consulting with «Institute of Financial Solutions» LLC and provides the following services: selection of a partner banking institution, tax and financial and economic planning, management accounting, personnel training, research work on economic issues and other outsourced financial services.

"PRESTIGE" insurance company is an insurance intermediary for the implementation of policies of compulsory civil liability insurance of owners of land vehicles (OSTCPV) and policies of the International System of Automobile Insurance "Green Card". The company successfully cooperates with insurers of Ukraine, in particular: PJSC "NASC "ORANTA", TDV "SC "CREDO", PJSC "IC "PZU", PJSC "IC "USG", PJSC "IC "Europeyskyi" insurance alliance" and others.

According to the results of insurance activity in 2023, the volume of insurance premiums of the «PRESTIGE» Insurance Company amounted to: UAH 98.89 million, through the partner channel the Company collected UAH 15.3 million, which is a total of UAH 114.18 million. Paid insurance compensation for 2023 amounted to UAH 16.68 million, the level of payments is 16.87%.

The structure of the Company's insurance portfolio according to the results of 2023 is as follows: property insurance accounts for 53.97%, liability insurance - 11.43%, cargo insurance - 15.77%, personal insurance - 0.43%, inbound reinsurance - 2, 74%, other types of insurance 2.27%, through the intermediary channel: insurance - OSCPV 11.11%, Green card - 1.92% and Casco - 0.37%.

Through the partner sales channel, the Company implements policies of compulsory civil liability insurance of owners of land vehicles (CCLI), land transport insurance (auto-CASCO), policies of the International Automobile Insurance System "Green Card", and also concludes contracts of other types of insurance. Thus, the amount of insurance premiums for the policies sold by the Prestige Insurance Company as an intermediary for 2023 is UAH 15.30 million, including, from the Social Insurance Institution - UAH 12.68 million or 9.6 thousand policies (in 2022 . - 8.20 million UAH or 7.7 thousand policies), of which for electronic policies - 11.07 million UAH, more than 7.8 thousand policies, or 87.3% of the total number of concluded contracts of the Social Insurance Institution, "Green Card » - UAH 2.19 million or 627 policies, auto CASCO – UAH 420.73 thousand.

The company is focused on working with legal entities. By policyholder status, 78.54% of insurance premiums are paid by legal entities, 4.09% by reinsurers, and the remaining 17.37% by individuals.

The Company's insurance reserves amounted to UAH 10,554.8 thousand, the company's assets - UAH 103,519.3 thousand, equity - UAH 78,732.8 thousand, the company's registered authorized capital is UAH 49,000.0 thousand and meets the requirements of the new Law of Ukraine "On Insurance". The actual reserve of solvency is UAH 78,302.6 thousand and exceeds the standard by 5.63 times, which allows the Company to fulfill all its obligations to clients on time and in full.

Company information, 168 kB