Disclosure of information
PUBLIC INFORMATION in accordance with Article 7 of the Law of Ukraine "On Financial Services and Financial Companies" on information disclosure
Full and abbreviated name, identification code, location, contact information
PRIVATE JOINT STOCK COMPANY “INNOVATION INSURANCE CAPITAL” (PrJSC “INSC”) EDRPOU Code 32942598. Location: 01033, Kyiv, Pecherskyi district, 3 Saksahanskoho Street, letter A. Territory code according to COATS: 8038200000. Tel.: (044) 371-17-17; E-mail: office@insk.com.ua
Information on owners of significant participation (including persons exercising control over a financial institution)
1. Cherniak Yevhen Zelmanovych, citizen of Ukraine. Address: Kharkiv. Owns a share of 92.5% of the authorized capital.
Members of the Supervisory Board of PJSC INSK
Chairman of the Supervisory Board Yevhen Zelmanovych Cherniak;;
Pavlo Pasichnyk, member of the Supervisory Board;
Volodymyr Poltavsky is a member of the Supervisory Board.
Members of the executive body (Management Board) of PJSC INSK
Chairman of the Board – Yuriy Krakivsky
Member of the Management Board – Yana Kachorovska.
Information on separate divisions of a financial institution, places of service provision
The Company has no separate subdivisions, Place of service provision: in the office of PJSIC “INSK” or online via the websites of insurance intermediaries / PJSIC “INSK”.
Information on licenses and permits issued by PrJSC INSK
The insurance license of PJSC “INSK” is available on the Company’s website at the link: Licenses
Organizational structure of PJSC “INSK”
The organizational structure of PJSIC “INSK” as of October 23, 2024, is available on the Company’s website at the link: ORGANIZATIONAL STRUCTURE
Insurance products of PJSC “INSK”
The general terms and conditions of insurance products of PJSC “INSK” are available on the Company’s website at the link: Insurance products
Annual financial and consolidated statements
The annual financial and consolidated statements are available on the website of PJSC INSK at the following link: Financial statements
Information on the initiation of bankruptcy proceedings, the opening of liquidation proceedings, and the application of rehabilitation procedures to a financial services provider
The bankruptcy proceedings against PJSC INSK were not initiated. The rehabilitation procedure was not initiated in respect of PrJSC INSK, and no liquidation procedure was initiated.
Decision to liquidate a financial institution
No decision was made to liquidate INSK PrJSC.
Information for clients in accordance with the Law of Ukraine "On Financial Services and Financial Companies"
1) Information on the financial institution; information on the state registration of the person providing financial services; information on the inclusion of the financial institution in the relevant state register of financial institutionsInformation on the financial institution; information on the state registration of the person providing financial services; information on the inclusion of the financial institution in the relevant state register of financial institutions
PRIVATE JOINT STOCK COMPANY “INNOVATION INSURANCE CAPITAL” (PrJSC “INSC”)
EDRPOU code 32942598. Date of state registration: 12.05.2004; date of entry: 15.08.2005; entry number: 12661200000010559.
Registered as a financial institution in accordance with the Order of the State Commission for Regulation of Financial Services Markets of Ukraine No. 1224 dated 24.06.2004, registration number 11101066, Certificate of registration of a financial institution, series CT No. B0000050, date of issue 06.10.2020. To view, click HERE.
Location: 3 Saksaganskogo Street, Kyiv, 01033, Ukraine, letter A, tel.: +380443711717, E-mail: office@insk.com.ua, own website: insk.com.ua.
The address where complaints from financial services consumers are received: 3 Saksahanskoho Street, Kyiv, 01033, Ukraine, letter A, or E-mail: office@insk.com.ua.
2) Name of the person providing intermediary services
Defined in a personalized offer to conclude a contract (draft insurance contract)
3) The list of services provided by the financial institution, the procedure and terms of their provision.
Types of activities of PrJSC “INSK”: KVED 65.12 Other types of insurance, except life insurance (main); KVED 65.20 Reinsurance; KVED 66.21 Risk and damage assessment; KVED 66.22 Activities of insurance agents and brokers; KVED 66.29 Other auxiliary activities in the field of insurance and pension provision. PJSIC “INSK” provides insurance services on the basis of licenses. The list of licenses is available on the official website insk.com.ua in the section “Public Information”, subsection “ Insurance Licenses “. Insurance services are provided in accordance with the General Terms and Conditions of Insurance Products, which are posted on the official website of PJSIC “INSK” insk.com.ua in the section “Public Information”, subsection “ Insurance Rules “. PJSIC “INSK” carries out insurance activities in the classes specified in the license.
4) Cost, price/tariff, amount of insurance fee.
The cost of the service is determined depending on the insurance product chosen by the insured, the amount of the deductible, the insurance terms agreed by the parties and other conditions relevant to determining the cost of the service in accordance with the approved General Terms and Conditions of the insurance product, the Methodology for calculating insurance tariffs or in accordance with the relevant regulatory acts and is specified in the agreement concluded with the insured,
5) Information on the mechanism for protecting the rights of financial services consumers. Possibility and procedure for out-of-court consideration of complaints of financial services consumers.
When providing insurance services, PJSIC INSK complies, in particular, with the regulatory legal acts in the field of financial services consumer protection. Consumers are provided with free access to information about insurance services, which is available at the points of service provision and on its website. The Company’s management can receive consumers in person.
All disputes arising out of the insurance contract between the insured and the insurer shall be resolved through negotiations, and in case of failure to reach an agreement – in accordance with the procedure established by the insurance contract and the current legislation of Ukraine. If you have any complaints, you can contact PJSIC “INSK” as follows: at the following address: 3 Saksaganskogo Street, Kyiv, 01033, Ukraine, letter A, or by e-mail: office@insk.com.ua. Financial services consumers may also apply for protection of their rights to the National Bank of Ukraine (NBU), which is the state regulator of financial services markets: Website: https://bank.gov.ua/ua/consumer-protection. Phone: 0 800 505 240 (if you are unable to reach the operator and all lines are busy or you are calling outside of working hours, leave your phone number on the answering machine and the NBU will call you back). Online form on the NBU website E-mail: nbu@bank.gov.ua (fill out and submit the form and attach supporting materials, if necessary. But the attachment size should not exceed 10 MB). For correspondence: 9 Instytutska St., Kyiv, 01601. To submit written appeals from citizens: 11-b Instytutska St., Kyiv, 01601.
6) Contact information of the body that carries out state regulation of the activities of a person providing financial services.
National Bank of Ukraine Address: 9 Instytutska St., Kyiv, 01601. The schedule of personal reception of citizens by the management of the National Bank of Ukraine is available on the official website: https://bank.gov.ua. Phone: 0 800 505 240. E-mail: nbu@bank.gov.ua.
7) Information about the financial service – the total amount of fees, charges and other expenses to be paid by the client, including taxes, or if the specific amount cannot be determined, the procedure for determining such expenses.
Transactions related to the receipt of a financial service by an individual, in particular, payment of an insurance premium, payment of an insurance indemnity, and refund of an insurance premium in case of early termination of an insurance contract, are not subject to taxation. The exceptions are cases of payment of moral damages, insurance indemnity to the heir, and other cases provided for by the current legislation, which are taxed in accordance with the provisions of the Tax Code of Ukraine.
8) Information on the financial performance of the financial institution and its economic condition, which is subject to mandatory disclosure.
Information on financial indicators of PJSIC INSK is available on the website insk.com.ua in the section “Public Information”, subsections “Financial Statements ” and “Issuer Information”
9) List of managers of the financial institution and its separate subdivisions.
The members of the Executive Body (Management Board) of PJSIC “INSK” are: Chairman of the Management Board – Yuriy Stanislavovych Krakivskyi Members of the Management Board – positions are vacant. There are no heads of separate divisions.
10) Information on the financial services agreement
Whether the insured has the right to withdraw from the financial services agreement. The term during which the client may exercise the right to withdraw from the agreement, as well as other conditions for exercising the right to withdraw from the agreement – The Insurance Agreement does not provide for the Insured’s right to withdraw from the Insurance Agreement. At the same time, the Insured shall have the right to withdraw from the concluded Insurance Agreement by failing to pay the insurance premium. In this case, the Insurance Agreement shall not enter into force.
Minimum term of the contract (if applicable) – Depends on the insurance product chosen by the insured
The Consumer’s right to withdraw from the Agreement, the right to terminate the Agreement, the right to early fulfillment of the Agreement, as well as the procedure and consequences of exercising such rights – The Consumer (Insured) has the right to withdraw from the Insurance Agreement in accordance with the procedure provided for by the Law of Ukraine “On Insurance” and the Insurance Agreement. The Agreement may be terminated early at the request of the Insured or the Insurer. Either Party shall notify the other Party in writing of its intention to terminate the Agreement early within the period specified in the Agreement. In case of early termination of the Contract at the request of the Insured, the Insurer shall refund the insurance premiums for the period remaining before expiry of the Contract, minus expenses related to conclusion and performance of the Contract, insurance payments made under this Insurance. In case of early termination of the Contract at the Insurer’s request, the Insured shall be refunded the insurance premiums paid in full. If the Insurer’s claim is due to the Insured’s failure to fulfill obligations under the Contract, the Insured shall be refunded the insurance premium for the period remaining before expiry of the Contract minus expenses related to conclusion and performance of the Contract, insurance payments made under this insurance contract In case of early termination of the Contract at the request of the Insured due to failure of the Insurer to fulfill its obligations under this Contract, the Insured shall be fully refunded the insurance premiums paid by him/her.
Procedure for making amendments and additions to the agreement – Amendments and additions to the insurance agreement may be made only by mutual agreement of the insurer and the insured. Any amendments or additions to the insurance contract shall be executed as relevant additional agreements to the contract, which, upon signing, shall become its integral parts, unless a different procedure for making amendments or additions is provided for in the insurance contract.
The impossibility of increasing the fixed interest rate under the agreement without the written consent of the consumer of the financial service is not applicable.
11) Availability of guarantee funds or compensation schemes applied in accordance with the law.
Pursuant to Article 38 of the Law of Ukraine “On Insurance”, PJSIC INSK complies with the conditions for ensuring the insurer’s solvency and the requirements for the formation of technical reserves.
12) Reporting of the issuer of securities of PrJSC “INSK”
Reports of the issuer of securities of PJSC INSK are available on the website insk.com.ua in the section “Public Information “, subsection “Issuer Information”
13) Information on the financial service provider’s right to provide the relevant financial service and its inclusion in the Register containing information about such financial service provider
According to an extract from the State Register of Financial Institutions dated 25.04.2024, “Innovative Insurance Capital” PrJSC is authorized to carry out insurance activities (direct insurance and inward reinsurance) in the following classes: class 1 – accident insurance (including occupational injury and disease) – accident insurance, including insurance against occupational injury and disease class 2 – health insurance (including medical insurance) – health insurance against disease theft, robbery, plunder, intentional damage/destruction of property) class 10 – liability insurance arising from the use of a land vehicle (including carrier liability) – liability insurance arising from the use (operation) of land vehicles (including railway transport) other than those specified in the Law of Ukraine “On Compulsory Insurance of Civil Liability of Land Vehicle Owners” – transportation liability insurance
14) The amount of shares in the authorized capital of the financial service provider owned by members of its executive body, as well as the ownership structure of the financial service provider
Members of the executive body of PJSIC “INSK” do not own any shares in the authorized capital of PJSIC “INSK”. The current ownership structure of PJSIC “INSK” is available at the link in the section Information for Shareholders and Stakeholders
15) List of persons providing intermediary services to PJSC INSK