arx-and-arx-life-collected-uah-4-billion-in-premiums-in-2023

ARX and ARX Life insurance companies collected UAH 4 billion in premiums in 2023

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According to the results of 2023, the ARX insurance company is https://arx.com.ua/produkty/avtotsyvilka in the Ukrainian market by key indicators: insurance premiums, net insurance premiums, capital, net profit, etc.

In 2024, the company celebrates its 30th anniversary. Over these years, ARX has proven its reliability and stability, going through all stages of the formation of an independent state of Ukraine with its clients. We are there, easing the financial burden on our clients and supporting them in difficult times.

Trust, ambition, adaptability, responsibility. These are the main qualities our managers need for the company to always remain a true market leader and the best insurance company. And every employee of our large team, every client must be sure that the company will always come to the rescue in difficult times. This is especially important now

- says Andriy Peretyazhko, Chairman of the Board of ARX.

Key financial indicators for 2023

In 2023, ARX and ARX Life companies collected UAH 4 billion in insurance premiums, which is 32% more than last year.

The net profit of ARX and ARX Life companies is UAH 504,555 thousand, which is the best result on the market.

Occupying leading positions in the car insurance market CASCO, ARX collected almost UAH 2 billion in premiums in this segment. This is 29% more than last year. CASCO from ARX fully operates abroad, allowing Ukrainians to receive the necessary protection for their cars outside of Ukraine.

Premium amounts for other key areas:

OSAGO - UAH 0.3 billion (+27% compared to 2022);

VHI (medical insurance) - over UAH 0.5 billion (+22% compared to 2022);

Property insurance - over UAH 0.4 billion (+38% compared to 2022).

New ARX products and services

Every year, ARX launches new products and innovative solutions for various needs.

In 2023, we introduced the following new products and services

MiniCASCO - economical CASCO, covers the main risk on the roads - traffic accidents both due to the driver's fault and without. The policy price starts from UAH 1175. Operates on the territory of Ukraine.

CASCO "Iron Dome"  a product that protects cars from military risks. Covers damage and total loss from missiles, UAVs, fragments.

CASCO policy without visiting the office - now, to purchase a CASCO policy, if the car is subject to inspection, you can independently conduct its photo and video recording in the MyARX smartphone application.

Phased claims settlement - another update to the MyARX insurance application. Now you can see the case registration, case review, determination of the damage amount, case decision, payment amount, and recipient.

In general, with the MyARX application, a client can solve almost all their issues using a smartphone: monitor their contracts and family contracts, buy new contracts, communicate directly with the company, and conduct car video inspections.

The company's slogan: "ARX is with you!". We do our best to fulfill our obligations in the best possible way and help clients, employees, and society. This is not just a business philosophy - these are concrete figures and facts. Each area is constantly monitored and measured, including by independent tools, for many years.

Even in the darkest times, ARX is with its clients. We remain by your side, working for Victory!

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