UKRAINE: for February-July local insurers sold more than 31 thousand of e-MTPL
Issuance of electronic MTPL policies was launched in Ukraine on February 7, 2018, however, for this moment the share of e-policies in total MTPL sales is still less than 1%. Total premiums generated by e-MTPL for the period under consideration amounted to about UAH 20.96 million (~EUR 672 thousand), and average cost of e-policy amounted to UAH 673 (~EUR 22).
Among 40 MTPL insurers as of now only 29 companies had started electronic sales. TOP-10 of them account for 92% of the sold e-policies, and 5 companies (VUSO, , PZU Ukraine, PROVIDNA and Insurance) together own 78%. The leader of e-sales is VUSO with its sole share of 39% in terms of number of policies and amount of generated premiums.