UKRAINE: 16 MTPL insurers got the highest evaluation rating in 1Q2019

6 June 2019 — Marina MAGNAVAL
The MTIBU (Motor Transport Insurance Bureau of Ukraine) has published the results of Bureau members' financial stability and claim settlement quality; out of 51 companies licensed for MTPL, 16 insurers got the highest evaluation rating in 1Q2019, Forinsurer reports.

In terms of claim settlement quality, only 5 insurers got unsatisfactory ratings and the same rating was given to 8 insurers for the total number of complaints received from victims and policyholders. However, according to the Bureau, in general, the figures from the first quarter demonstrate positive results from insurer efforts to improve claim settlement procedures and customer service.

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