INGO Ukraine insurance company has insured the commodity stock of the Dnipropetrovsk-based Allo Company, which owns a chain of mobile communications stores, for UAH 30 million.
Ukrainian News learned this from a statement by the insurance company, the wording of which was made available to the agency.
“The Dnipropetrovsk branch of the INGO Ukraine insurance company has concluded an agreement of property insurance with the limited liability company Allo, which is one of the largest retailers on the market of portative digital equipment and mobile phones in Ukraine,” reads the statement.
The subject of insurance is the commodity stock of the company.
The insurance sum on the agreement is UAH 30 million.
The insurance company has assumed obligations to compensate for expenses related to an insured case caused by a fire, lightning stroke, gas explosion, natural disasters, fall of aircraft, terrorism, robbery, burglary, collision of transport vehicles, illegal actions by third persons, technical risks, damaged caused to life, health, and property of third persons, breakage of glass.
As Ukrainian News earlier reported, the limited liability company Allo was founded in Dnipropetrovsk in 1998. The company runs 280 retail stores of its chain.
The INGO Ukraine insurance company paid out insurance claims totaling UAH 258 million and received insurance premiums totaling UAH 438.4 million in 2009.
The company reported a net profit of UAH 15.1 million for 2009.
INGO Ukraine is a closed joint-stock insurance company that was founded in 1994. It specializes in risk insurance.
The InVest Polis closed joint-stock company (Russia) owns 99.99% of the shares in the INGO Ukraine insurance company.
