Ukraine Insurance Tenders

Market size: $1.2 billion (2022)
Expected growth: 2% CAGR (2023-2027)
Impacted by war, but shows signs of recovery with international support.

Ukraine Government Insurance Procurement: Key Points
Focuses on mandatory motor, property, and liability insurance.
Annual spend: millions of UAH (exact figure unavailable).
Aims to secure best value for taxpayers and protect public assets.

Motor insurance: Covers government vehicles and third-party liability.
Property insurance: Protects state-owned buildings and infrastructure.
Liability insurance: Shields against claims for accidents or damages caused by government activities.

Ministry of Finance: Sets overall procurement policy and budget.
State Asset Fund: Manages insurance for state-owned enterprises.
National Procurement Agency: Oversees tender processes and ensures transparency.

Mostly Ukrainian insurance companies, with some foreign players.
Leading contenders: UkrSibbank BNP Paribas Cardif, MetLife, PZU Ukraine.
Emphasis on expertise, competitive offers, and ability to adjust to wartime challenges.

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