Arsenal Insurance

Name

Arsenal Insurance

Legal name

ПрАТ Страхова компанія «Арсенал Страхування»

Website

https://arsenal-ic.ua

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Non-life Insurance

NAICS

Direct Property and Casualty Insurance Carriers (524126), Direct Insurance (except Life, Health, and Medical) Carriers (52412), Insurance Carriers (5241)

SIC

Fire, Marine & Casualty Insurance (6331), Insurance Carriers, Nec (6399)

akta.pro primary industry

Commercial Auto & Fleet Liability Insurance (Primary) (TLABANAA)

akta.pro secondary industry

Commercial Auto & Fleet Insurance (FSAJAKAB)

Keywords

• Non-life insurance
• Auto insurance
• Property insurance
• Corporate health insurance
• War risk coverage

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, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain

Revenue model

1. Insurance Premiums: Collection of insurance premiums from policyholders across all product lines including auto, property, health, travel, cargo, and liability insurance. Premiums are collected as one-time payments per policy term or recurring for annual multi-risk policies.
2. Bancassurance & Partnership Fees: Revenue generated through co-selling insurance products via bank partner networks (Oschadbank, PrivatBank, UKreximbank, etc.) and auto importer partnerships. Commissions from cross-selling insurance alongside bank lending and auto financing products.
3. Corporate & SME Insurance: B2B insurance solutions for large corporates (property, cargo, agriculture, construction, aviation) and SMEs including agricultural drones, construction equipment, and enterprise property coverage.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels7 records

Core offering

Arsenal Insurance is a Ukrainian non-life insurance company offering more than 50 insurance products across all 18 non-life insurance classes, including compulsory auto civil liability (OSAGO/Автоцивілка), multiple KASKO vehicle insurance variants (with unique military/war-risk PATRONUS coverage), property insurance for apartments and houses, corporate medical insurance (DMS), travel insurance, cargo, accident, third-party liability, and specialty lines for aviation, railway, and water transport. The company operates with 100% Ukrainian capital and is headquartered in Kyiv, serving over 350,000 customers.

Product overview

Arsenal Insurance operates as a non-life insurance company with 100% Ukrainian capital offering products across all 18 non-life insurance classes. The product portfolio centers on vehicle insurance (ОСЦПВ compulsory third-party liability, multiple KASKO variants including military-risk coverage, and Green Card international coverage), property insurance (АРСЕНАЛ branded products for apartments and houses, plus war-risk property coverage), and health/travel insurance. The company provides corporate medical insurance (ДМС) with an associated mobile application featuring AI-powered customer service. Insurance products are distributed through direct online sales, bank partnerships, mobile apps (including Viber messenger channel), and a network of branches. The product line includes over 50 distinct insurance products covering vehicles, property, health, travel, cargo, accident, liability, aviation, railway, and water transport risks.

Differentiator

Problem solved

Functional benefit

Brands

• ПАТРОНУС: Vehicle insurance covering attacks by missiles, drones, air defense systems and their fragments
• Арсенал Квартира
• Арсенал Фортеця
• Арсенал Будинок

Products and services

• OSAGO Online (Автоцивілка)

Quantifiable outcome

• 1.8 billion UAH in total payouts to customers in 2025
• +5 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability3 records

Feature4 records

Partnerships

21 partnerships are on record, tiered core, major and minor.

• VUSOcoreStrategic or Co-development Partner · 1 January 2025Co-insurance partnership with VUSO for large commercial property insurance, particularly war-risk coverage. Joint payouts of 118 million UAH (May 2026) and 20 million UAH (October 2025) for business center damages from missile strikes. Collaborative risk management for major commercial clients.
• PrivatBank (АТ КБ ПриватБанк)coreChannel Partner/ Reseller/ DistributorBancassurance partnership for property insurance (mortgage and pledge), vehicle KASKO, accident insurance for borrowers, and comprehensive insurance products. One of the largest banks in Ukraine, serving millions of retail customers.
• Oschadbank (АТ Ощадбанк)coreChannel Partner/ Reseller/ DistributorBancassurance partnership for vehicle insurance, property insurance, and accident insurance for bank borrowers. State-owned savings bank with extensive branch network.
• UKreximbank (АТ Укрексімбанк)majorChannel Partner/ Reseller/ DistributorPartnership for comprehensive travel insurance for travelers abroad and other insurance products through the state-owned import-export bank.
• Ukrgasbank (АБ Укргазбанк)majorChannel Partner/ Reseller/ DistributorPartnership for safe deposit box liability insurance and other banking-linked insurance products.
• OTP Bank (АТ ОТП БАНК)majorChannel Partner/ Reseller/ DistributorBancassurance partnership for comprehensive travel insurance for clients of OTP Bank.
• SENS BANK (АТ СЕНС БАНК)minorChannel Partner/ Reseller/ DistributorPartnership for accident insurance for bank borrowers.
• PUMB (Перший Український Міжнародний Банк)majorChannel Partner/ Reseller/ DistributorInnovative Viber chatbot partnership for OSAGO policy sales. Joint development of digital distribution channel enabling OSAGO purchase through PUMB's Viber public account in approximately 5 minutes. Payment processed via PayHub.
• Bank of Investments and Savings (БІЗ)minorChannel Partner/ Reseller/ DistributorPartnership for safe deposit box liability insurance.
• Toyota UkrainemajorChannel Partner/ Reseller/ DistributorKASKO and vehicle insurance distribution through Toyota's authorized dealer network in Ukraine.
• Hyundai UkrainemajorChannel Partner/ Reseller/ DistributorKASKO and vehicle insurance distribution through Hyundai's authorized dealer network. Also partner in the exclusive Hyundai Finance auto financing program.
• ŠKODA Auto UkrainemajorChannel Partner/ Reseller/ DistributorKASKO insurance distribution through ŠKODA's authorized dealer network in Ukraine.
• BMW Ukraine (Auto Haus)majorChannel Partner/ Reseller/ DistributorPremium vehicle insurance distribution through BMW dealer network.
• Auto Importers (Suzuki, Citroën, Fiat, Haval, Honda, Lexus, JAC, Mazda, Opel, Mitsubishi, Peugeot)majorChannel Partner/ Reseller/ DistributorKASKO and vehicle insurance distribution through authorized dealer networks of multiple international auto brands in Ukraine.
• OTP LeasingminorStrategic or Co-development PartnerPartnership for financing and insurance of agricultural drones (agrodrones). Arsenal Insurance developed the first-in-Ukraine agrodrome insurance product in cooperation with OTP Leasing.
• DroneUA (Valeriy Yakovenko)minorStrategic or Co-development PartnerExpertise and statistical data partnership for developing the first-in-Ukraine agricultural drone (agrodrome) insurance product. DroneUA provided actuarial data and industry expertise.
• ENSURIA ASSISTANCEcoreImplementation/ SI/ Consulting PartnerMedical and claims assistance services for insurance clients. One of two assistance company partners.
• REMED ASSISTANCEcoreImplementation/ SI/ Consulting PartnerMedical and claims assistance services for insurance clients. One of two assistance company partners.
• National Association of Insurers of Ukraine (НАСК)coreOthersMember of the National Association of Insurers of Ukraine. Represents industry interests and ensures regulatory compliance and market best practices.
• Motor Transport Insurance Bureau of Ukraine (МТСБУ)coreOthersMember of the Motor Transport Insurance Bureau of Ukraine. Manages OSAGO (auto civil liability) pool and direct settlement system. Company re-elected to the Bureau's Presidium.
• League of Insurance Organizations of Ukraine (Ліга страхових організацій України)coreOthersMember of the League of Insurance Organizations of Ukraine. Joined in April 2025. Industry self-regulatory body.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Regional players

• Insurance Company Dnister: Dnister is a Ukrainian non-life insurer offering KASKO, OSAGO, property, and accident insurance with regional focus in western Ukraine. Comparable product set but more limited geographic and digital footprint than Arsenal.
• MetLife Ukraine: MetLife Ukraine operates in the Ukrainian market primarily in life insurance and group accident/health, with some non-life products. Comparable in corporate health (DMS) distribution overlap with Arsenal's DMS offering.

Direct peers

• VUSO: VUSO is a major Ukrainian non-life insurance company and Arsenal's explicit co-insurance partner for large commercial war-risk losses (118M UAH joint payouts on Kyiv business centers). Operates in overlapping auto and property insurance segments with comparable bancassurance and dealer distribution.
• ARX (formerly AXA Insurance Ukraine): ARX is a leading Ukrainian insurer that previously operated under AXA brand, offering KASKO, OSAGO, property, and travel insurance. Directly comparable product mix and target market to Arsenal, with similar bancassurance relationships.
• TAS Insurance Group: TAS is a top-5 Ukrainian non-life insurer with a broad multi-line portfolio including KASKO, OSAGO, property, and corporate insurance. Competes with Arsenal across both retail and corporate segments in the Ukrainian market.
• INGO Insurance Ukraine: INGO is one of Ukraine's largest non-life insurers, offering KASKO, OSAGO, property, cargo, and corporate insurance with international reinsurance backing. Directly competes with Arsenal in KASKO and corporate lines, with similar bancassurance distribution.
• Alfa Insurance Ukraine: Alfa Insurance is a Ukrainian non-life insurer offering KASKO, OSAGO, property, and corporate insurance. Operates in comparable retail and corporate segments with similar Ukrainian market positioning.

Broad incumbents

• UNIQA Ukraine: UNIQA is part of Austrian-headquartered UNIQA Insurance Group, offering P&C, life, and health insurance in Ukraine. A broader multinational player with deeper capital backing that overlaps with Arsenal's auto, property, and health lines.
• PZU Ukraine: PZU Ukraine is the local operation of Polish insurance giant PZU, offering motor, property, and corporate insurance. A larger multinational incumbent with stronger capital base competing in the same Ukrainian non-life segments.

Emerging players

• ASKA Insurance Company: ASKA is a Ukrainian insurer with growing KASKO and OSAGO presence, particularly strong in certain regional markets. A smaller emerging competitor with overlapping auto and property product offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/arsenalstrahovanie
• LinkedInlinkedin.com/company/arsenal-ic
• Instagraminstagram.com/arsenal_ic

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

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 Arsenal Insurance