INGO

What INGO does

INGO is a diversified Ukrainian insurance company operating as a Joint-Stock Company (JSIC INGO) founded in 1994 and headquartered in Kyiv, with 501-1,000 employees and a 30+ year operational track record. The company is classified by the National Bank of Ukraine as systemically important to the national economy, holds a uaAAifr credit rating from IBI Rating (confirmed June 2025), and is licensed across all major non-life insurance classes. INGO ranks #1 in Ukraine for premiums collected from legal entities (NASU 2025) and #3 in the INSURANCE TOP Financial Result ranking (2024).

The company offers a comprehensive product portfolio spanning retail and corporate lines, including auto insurance (ОСЦПВ civil liability, КАСКО voluntary motor, Green Card international, and war-risk КАСКО), voluntary medical insurance (ДМС) with access to 11,000+ medical facilities, travel, accident, property (apartments, houses, pet), and specialized commercial coverage (aviation, marine, construction, logistics, financial risks, alternative energy, drones, and agricultural). Its technology stack centers on a digital self-service platform with 24/7 online policy purchase, remote claims processing, a proprietary mobile application, and an agent portal — supported by a weather-indexed crop insurance product built on satellite data via the Syngenta partnership, and a medical insurance partnership with Doctor Eleks. Distribution combines direct digital channels, a physical branch network (currently being consolidated), insurance agents, and seven named Ukrainian bank partners (PrivatBank, Ukrgasbank, PUMB, Alfa Bank Ukraine, Bank Pivdenny, Vostok Bank, SENS Bank).

INGO generates revenue primarily through recurring insurance premiums across its diversified lines, with 2025 insurance payouts totaling UAH 2,205 million (medical UAH 659M, property UAH 552M, КАСКО UAH 441M, auto civil liability UAH 379M, agricultural UAH 246M, Green Card UAH 141M, accident UAH 36M). The company grew premiums 40% in 2025 and entered the top 3 largest Ukrainian insurers, while managing ongoing physical branch rationalization, leadership composition changes, and continuity of operations under martial law in Ukraine.

Name

INGO

Legal name

АКЦІОНЕРНЕ ТОВАРИСТВО "СТРАХОВА КОМПАНІЯ "ІНГО" (JOINT-STOCK COMPANY "INSURANCE COMPANY "INGO")

Website

https://ingo.ua

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

501–1,000 employees

Short description

INGO is a Ukrainian joint-stock insurance company founded in 1994, offering diversified non-life insurance across auto, property, medical, travel, agricultural, and corporate lines to retail and enterprise customers, distributed via digital channels, bank partners, and a consolidated branch network.

Ownership category

akta.pro rank

Product category

General Insurance

NAICS

Insurance Carriers (5241), Insurance Agencies and Brokerages (524210), Direct Life, Health, and Medical Insurance Carriers (52411)

SIC

Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Embedded Insurance & Affinity Distribution Platforms (FSAGAGAL)

Keywords

• Insurance services
• Auto insurance
• Property insurance
• Medical insurance
• Corporate insurance

Headquarters

HQ city

Kyiv

HQ country

Ukraine

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Insurance Premiums - Property Insurance: Property insurance products including home, apartment, and pet insurance (Кіт і Пес)
2. Insurance Premiums - Auto Insurance: Motor vehicle insurance including OSCE (auto civil liability), Green Card international coverage, and CASCO coverage
3. Insurance Premiums - Medical Insurance: Voluntary medical insurance (DMS) providing access to 11,000+ medical facilities
4. Insurance Premiums - Travel Insurance: Travel insurance for trips abroad and within Ukraine
5. Insurance Premiums - Accident Insurance: Personal accident insurance including transport accident coverage (Пасок безпеки)
6. Insurance Premiums - Agricultural Insurance: Crop insurance with government support and weather-index based coverage
7. Insurance Premiums - Corporate Insurance: Business insurance covering property, logistics, aviation, marine, construction, financial risks for corporate clients

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels5 records

Core offering

INGO is a diversified Ukrainian insurance company that underwrites and distributes a full spectrum of general insurance products — including auto (civil liability/OSCE, КАСКО, Green Card), property, voluntary medical, travel, accident, agricultural (weather-indexed), aviation, marine, construction, logistics, financial-risk and corporate employee health insurance — to both private individuals and corporate clients, sold through digital channels, an agent portal, branch offices and partner banks.

Product overview

INGO is a diversified Ukrainian insurance company offering a comprehensive portfolio of insurance products across both retail (private individuals) and corporate (business) segments. The product portfolio includes: vehicle insurance (Автоцивілка/ОСЦПВ, КАСКО, Зелена картка, Міні КАСКО, Свідомий захист, КАСКО.Відбій тривоги for war risks); health insurance (Медичне страхування/ДМС, Архітектор здоров'я with multiple tiers); travel insurance (Виїзд за кордон, INGO Travel on-line); property insurance (Квартира ЕКСПРЕС, Будинок ЕКСПРЕС, Страхування майна); pet insurance (Кіт і Пес); accident insurance (Страхування від нещасного випадку, Архітектор захисту, Пасок безпеки); liability insurance; and specialized business insurance (agro risks with satellite weather data from Syngenta, aviation including drones, marine, construction, logistics, financial risks, alternative energy). The company also provides a mobile app (INGO Застосунок) for policy management and healthcare appointments. Products are offered through online platforms, agent portals, and traditional branch network.

Differentiator

Problem solved

Functional benefit

Brands

• Архітектор здоров'я (Architect of Health): Voluntary health insurance program with multiple tiers including Premium, Comfort+, Comfort, Classic, Social, and Emergency Assistance programs.
• АвтоSAVE
• Квартира ЕКСПРЕС (Express Apartment)
• Будинок ЕКСПРЕС (Express House)
• Міні КАСКО
• Свідомий захист (Conscious Protection)
• Автоцивілка+
• Пасок безпеки (Safety Belt)
• Мій ключ (My Key)
• Кіт і Пес (Cat and Dog)
• КАСКО. Відбій тривоги (Alarm Dismissal)
• ASKANIYA HRUP

Products and services

• Auto Civil Liability Insurance (Автоцивілка / ОСЦПВ) Mandatory civil liability insurance for vehicle owners in Ukraine, covering damages caused to third parties in traffic accidents. Available online.
• КАСКО (CASCO) Vehicle Insurance Voluntary vehicle insurance covering damage, theft, and total loss of the insured vehicle.
• Green Card (Зелена картка) International Motor Insurance International motor insurance card required for vehicle travel abroad, providing liability coverage across participating countries. Available online.
• Mini КАСКО Vehicle Insurance Simplified vehicle insurance product with essential coverage options at reduced cost for drivers seeking core protection.
• Свідомий захист (Conscious Protection) Vehicle Insurance Vehicle insurance product providing comprehensive protection for drivers and vehicles.
• КАСКО. Відбій тривоги (War-Risk Vehicle Insurance) Specialized vehicle insurance covering war and military-related risks for vehicles, relevant under Ukraine's martial-law context.
• Пасок безпеки (Safety Belt) Passenger Accident Insurance Accident insurance for transport passengers covering injuries sustained while traveling.
• Voluntary Medical Insurance (ДМС / Медичне страхування) Voluntary medical insurance providing access to healthcare services, doctor appointments, and medical treatment across a network of over 11,000 medical facilities.
• Architect of Health (Архітектор здоров'я) Multi-Tier Health Program Comprehensive health insurance program with multiple coverage tiers (Social, Emergency Assistance, Comfort, Comfort+, Classic, Premium, Lux) for individuals and families.
• Travel Insurance (Виїзд за кордон / Туризм) Travel insurance for individuals traveling abroad, covering medical expenses, trip cancellation, and emergency assistance.
• INGO Travel On-Line Online travel insurance product for international travelers with digital purchase and management capabilities.
• Apartment Express (Квартира ЕКСПРЕС) Property Insurance Express property insurance for apartments covering damage, fire, water damage, and third-party liability, available for online purchase.
• House Express (Будинок ЕКСПРЕС) Property Insurance Express property insurance for houses covering comprehensive risks including structural damage, natural disasters, and liability.
• Cat and Dog (Кіт і Пес) Pet Insurance Pet insurance covering veterinary expenses and liability for domestic cats and dogs.
• Personal Accident Insurance (Страхування від нещасного випадку) Personal accident insurance providing financial compensation for injuries, disability, or death due to accidents.
• Comprehensive Property Insurance (Страхування майна) Property insurance for both individuals and legal entities covering residential and commercial real estate against various risks.
• Gun Owner Liability Insurance Liability insurance for gun owners covering damages that may be caused to third parties from weapon ownership, storage, or use.
• Corporate Employee Health Insurance (Здоров'я персоналу) Corporate employee health insurance programs providing medical coverage for business staff.
• Land Transport Risks Insurance Insurance for land transport vehicles covering various operational and liability risks for businesses.
• Agricultural Insurance (Страхування агро ризиків / Meteozakhyst) Agricultural insurance covering crop failure, livestock losses, and weather-indexed farming risks, including partnership with Syngenta using satellite weather data.
• State-Supported Crop Insurance (Страхування врожаю з державною підтримкою) State-supported crop insurance for grain agricultural crops covering spring-summer period risks with government subsidy.
• Alternative Energy Insurance (Альтернативна енергетика) Insurance products for renewable energy facilities including solar, wind, and other alternative energy installations.
• Logistics and Cargo Risks Insurance (Логістичні ризики) Logistics and cargo insurance covering goods in transit, transportation delays, and supply chain disruptions.
• Aviation Risks Insurance (Авіаційні ризики) Aviation insurance covering aircraft hull, liability, and aviation-specific operational risks.
• Drone Insurance (Страхування безпілотників) Insurance for unmanned aerial vehicles (drones) and liability coverage for drone operators.
• Marine Risks Insurance (Морські ризики) Marine and water transport insurance covering vessels, cargo, and maritime liability.
• Construction and Erection Risks Insurance (Будівельно-монтажні ризики) Construction and erection insurance covering buildings under construction, installation work, and related risks.
• Financial Risks Insurance (Фінансові ризики) Financial risk insurance covering credit defaults, payment card fraud, and other monetary losses.
• Comprehensive Liability Insurance (Ризики відповідальності) Comprehensive liability insurance covering professional, product, and operational liability exposures for businesses.
• INGO Mobile Application Mobile application allowing policy management, doctor appointments without calls or queues, access to over 11,000 medical facilities, and all insurance policies in one place.

Quantifiable outcome

• 40% growth in insurance premiums in 2025
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

14 partnerships are on record, tiered core and minor.

• Doctor ElekscoreTechnology or Integration · 1 January 2026Healthcare partnership aimed at simplifying medical insurance processes, reducing bureaucracy, and providing faster assistance. The collaboration has transformed medical insurance service delivery in Ukraine.
• SyngentacoreStrategic or Co-development Partner · 1 January 2024Partnership for weather-based agricultural insurance using satellite weather data. In 2024, 231 million UAH was paid to farmers under this program. This represents innovative use of technology for agricultural risk assessment.
• Motor (Transport) Insurance Bureau of Ukraine (МТСБУ)coreOthersFull member of the Motor Transport Insurance Bureau of Ukraine, required for providing auto insurance products including Green Card international coverage
• National Association of Insurers of Ukraine (НАСУ)coreOthersMember of the National Association of Insurers of Ukraine, the leading insurance industry association in the country
• European Business Association (EBA)minorOthersMember of European Business Association, supporting international business connections and standards
• American Chamber of Commerce (ACC)minorOthersMember of American Chamber of Commerce in Ukraine
• International Chamber of Commerce (ICC)minorOthersMember of International Chamber of Commerce, supporting international trade and business standards
• PrivatBank (АТ «КБ «Приватбанк»)coreChannel Partner/ Reseller/ DistributorMajor banking partner for insurance product distribution. Multiple insurance products offered including accident, transport, and property insurance.
• Ukrgasbank (УКРГАЗБАНК)coreChannel Partner/ Reseller/ DistributorBanking partner for property and liability insurance products
• PUMB (First Ukrainian International Bank)coreChannel Partner/ Reseller/ DistributorBanking partner for property insurance and other insurance products
• Alfa Bank UkrainecoreChannel Partner/ Reseller/ DistributorBanking partner for travel insurance products with multiple programs including Elite, Family, Club tiers
• Bank PivdennycoreChannel Partner/ Reseller/ DistributorBanking partner for travel insurance products
• Vostok BankcoreChannel Partner/ Reseller/ DistributorBanking partner for travel insurance products
• SENS BankcoreChannel Partner/ Reseller/ DistributorBanking partner for auto insurance products

Scale indicators17 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• TAS Insurance Group: Top-tier Ukrainian insurance group offering KASKO, OSAGO, property, and travel policies. Competes head-to-head with INGO for retail and corporate premiums and ranks among the same top-5 by premium volume.
• PZU Ukraine: Ukrainian subsidiary of Polish PZU Group, one of CEE's largest insurers. Direct competitor with strong retail and corporate penetration in Ukraine.
• ARX Insurance: One of the largest Ukrainian multi-line insurers (formerly AXA Insurance). Direct competitor across retail P&C, auto, and corporate lines in the same Ukrainian market with overlapping bank-distribution partnerships.
• Univerna (Universalna Insurance Company): Major Ukrainian multi-class insurer with strong KASKO and corporate lines. Competes with INGO on auto, property, and corporate risk coverage within the same domestic market.
• Allianz Ukraine: Ukrainian arm of global insurer Allianz, offering P&C, life, and travel products. Competes with INGO across retail and corporate segments with global brand backing.
• METLIFE Ukraine: Ukrainian life and health insurance operation of MetLife. Overlaps with INGO's DMS medical and accident lines and competes for employer group benefits and individual life/health coverage.
• KNIAZHA Insurance Group: Mid-tier Ukrainian insurer with national branch network providing KASKO, OSAGO, property and travel insurance. Direct competitor to INGO for both retail and corporate customers.

Emerging players

• Lemonade: US-listed digital-first insurer using mobile app and AI-driven underwriting. Comparable as a model of digital-native, app-centric insurance distribution that INGO is partially emulating in the Ukrainian market.

Broad incumbents

• Vienna Insurance Group (VIG): Large Austrian/ CEE insurance group with broad multi-line offering across Central and Eastern Europe. Comparable as a regional incumbent with deeper capital base; provides scale and capital-cost benchmark for INGO.

Regional players

• UNIQA Insurance Group: Austrian-headquartered CEE-focused insurer active across Ukraine and neighboring countries. Comparable in product mix (P&C, health, life) and CEE footprint; competes regionally rather than head-to-head in Ukraine.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/c/INGO_Insurance
• Facebookfacebook.com/INGO.UA
• LinkedInlinkedin.com/company/ingo-insurance
• Instagraminstagram.com/ingoinsurance
• Xx.com/ingo_insurance

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about INGO