Vice President LIOU presented the developments of the League in Vienna
Date: 03.06.2016. Section: News LIOU, ActualUkrainian insurers May 30-31 at the invitation of the Austrian Insurance Association (VVO) on an official working trip visited city Vienna. The initiator of the representative international meeting was members of the Presidium of LIOU that are in the Leagues’ committee on life insurance.
They exchanged information on key areas of the insurance companies in Austria and Ukraine. Ukrainian delegation presented to colleagues in Austrian insurance market of Ukraine. Areas of work and achievements of the League of Insurance Organizations of Ukraine in law voiced Vice President of LIOU Larisa Holozubova.
As part of a two-day visit, actively participated in the preparation of which member companies of LIOU with Austrian capital, was considered the structure of the Austrian Insurance Association (VVO) and insurance market of Austrian, life insurance market of the country, insurance supervision of Austrian, EU institutions and legislative processes of the EU, the current points of the agenda for the EU, Directive on distribution of insurance (IDD), Solvency II, the latest events in the Ukrainian insurance market and others.
The Ukrainian delegation included Nataliya Bazilevskaya, CEO of IC “GRAWE UKRAINE Life insurance”, which has made great efforts in organizing the meeting; Andrei Vlasenko, Chairman of the League’s committee on life insurance and CEO of IC “TAS”; Vladimir Simonchuk, CEO of IC “UNIQA Life” and Vadim Vyun, first Deputy Chairman of the Insurance Company “UNIQA Life”; Vice President of LIOU Larisa Holozubova, and heads of insurance companies “Ingo Ukraine Life”, ” AEGON Life Ukraine” and “AXA Insurance”.
Austrian Insurance Association (VVO), whose members are 120 companies, was established in 1899. The Association represents the interests of all workers in the Austrian private insurance companies, and supports its members in legal, financial, economic and international affairs.
April 7, 2005 in Vienna, the League of Insurance Organizations of Ukraine and Austrian Insurance Association (VVO) signed an agreement on cooperation and expressed their desire to develop cooperation in the field of insurance, attract experience of the Austrian insurance market, and to promote the mutual development of insurance markets in both countries.
Today, the Austrian insurance business in Ukraine actively represent subsidiaries of Austrian group GRAWE – IC “Grawe Ukraine” and “Grawe Ukraine Life Insurance”; Insurance companies “UNIQA” and “UNIQA Life,” members of the UNIQA Group; Insurance company “Globus” and other insurance companies.
Vice President LIOU Larisa Holozubova on behalf of the League of Insurance Organizations of Ukraine presented the Austrian Insurance Association the diploma of LIOU “For contribution to the development of insurance in Ukraine.”