The President of LIOU took part in a meeting in the Ministry of Agrarian Policy of Ukraine

May 21, 2018 in the Ministry of Agrarian Policy with the participation of Olena Kovaleva, Deputy Minister of Agrarian Policy and Food of Ukraine; Bagrat Ahidzhanov, Director of the Department of Financial and Credit Policy of the Ministry of Agrarian Policy; Alexander Zaletov, Member of the National Financial Services Commission, and Oleksandr Filonyuk, President of the LIOU, met to discuss issues in the field of agrarian insurance.

During the meeting, issues related to the active introduction of agri-insurance in Ukraine were considered, in particular, in the consideration and adoption of a new version of the draft Law of Ukraine on agricultural insurance, which, due to the proposed system of agri-insurance, will allow to minimize agrarian risks, improve financial stability and to improve the infrastructure of agriculture.

During the event, the President of the League of Insurance Organizations of Ukraine, Oleksandr Filonyuk, noted that today the agrarian sector is a key sector of the Ukrainian economy, and in this context agro-insurance acts as an important component of the state agricultural policy and agricultural competitiveness.

“For more than 20 years, the League of Insurance Organizations of Ukraine has been actively involved in the development of a modern agro-insurance legal and regulatory framework in Ukraine. At the same time, the role of insurance in ensuring global food security is difficult to overestimate, as it is a powerful financial stabilizer and risk management tool that allows to compensate for losses that arise as a result of adverse events “, – said Oleksandr Filonyuk.