BUSIN Insurance Company is celebrating its 30th anniversary
BUSIN celebrates the 30th Anniversary of its successful business operation on 17th of February 2023. Our company has become a strong financial entity and has taken a leading position among the best insurance companies of Ukraine during these three decades. Our impeccable reputation, financial stability and high professionalism are well-known in Ukraine as well as abroad.
Despite the global financial crises, the COVID pandemic and the russian invasion, we accept challenges with dignity, selflessly work for the development of our company and the Ukrainian insurance sector. The company’s current asset base stands at 600 million UAH, with a planned increase in authorised capital to 122 million UAH.
A huge role in BUSIN’s history of success is played by our team, clients and partners who form an integral part of our company, its source of energy and constant development. Our company is grateful to every one of you for years of fruitful cooperation and is confidently moving forward while building ambitious plans for the future. To be continued!
Top facts from the company’s history:
- BUSIN IC is one of the oldest insurance companies in Ukraine. The date of official registration is 17th of February 1993
- In 1997 the company has concluded and is annually renewing an aviation risk reinsurance treaty with Lloyds authorized brokers, which is the largest in the history of Ukrainian insurance market
- More than 60 insurance claims of various types were settled in the shortest possible timeframe
- Since 2012 BUSIN is a market leader, receiving awards from Insurance TOP in the “Aviation Insurance” class
- BUSIN IC is the only representative of Ukraine in the International Union of Aviation Insurers, acting as a coordinator of the interests of subjects of aviation and space risk insurance markets.
- High financial stability ratings from three independent rating agencies confirm the company’s reliable and responsible operation on the Ukrainian insurance market