UKRAINE: since February 2018 the number of MTPL e-policies exceeded 768 thousand

5 September 2019 — Marina MAGNAVAL
The total number of MTPL e-policies issued in Ukraine between February 7, 2018 (the date on the system introduction) and to September 1, 2019, reached 768.2 thousand, data of MTIBU (Motor (Transport) Insurance Bureau of Ukraine), quoted by Forinsurer, show.

In February 2018, when the MTPL e-policy was just introduced, insurers sold only 766 e-policies. As MTIBU stated, to date, 38 local insurers have participated in electronic sales. The market leader in terms of e-sales is PZU Ukraine (the share in the total number of e-policies is 18.5%, the share in the total e-GWP is 22%). TOP-5 MTPL insurers account for 57% of electronic GWP - PZU Ukraine, VUSO, KNIAZHA, USG and UNIQA.

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