The year 2024 was a decisive one for ETI in many ways. Even despite the
the difficult conditions of the war, our company continued to develop steadily and
to provide our customers with reliable protection. The results of the year demonstrate
not only significant achievements, but also confirm our resilience and ability to help where it is needed most.
Achievements in 2024: steady growth despite all the challenges
In 2024, the number of insured persons totalled 538,937 thousand, up 48% year-on-year. This means that confidence in the company continues to grow.
The total amount of insurance premiums amounted to UAH 240 million 814 thousand, which is 59% more than in the previous year. This indicator demonstrates the ability to provide quality services even in a constantly turbulent economic environment. In addition, the company met all NBU standards, confirming its solvency and stability.
Insurance payments
PJSC ‘European Travel Insurance’ paid more than UAH 67 million in insurance claims, which is 21% more than in 2023. The number of insured events in 2024 was 7,323, an increase of 18% compared to 2023 - 6,206 events, which was made possible by the efficiency and transparency that are the basis of customer relations.
Among the most expensive insured events in 2024:
- Italy: leg injury, lung failure - UAH 2 million 191 thousand.
- Egypt: stroke - UAH 1 million.239 thousand UAH.
- USA: hand surgery - UAH 1 million.213 thousand UAH.
These cases confirmed the readiness of ETI to fulfil its obligations even in the most difficult times, providing customers with reliable financial protection.
Company's profit
ETI, as before, throughout its eighteen-year history, finished 2024 with a profit, which this year amounted to UAH 41,855 million after tax.
By this indicator, we are among the Top 10 best insurance companies in Ukraine. The share of profit in premiums is 17% of premiums, which is one of the best indicators in the Ukrainian market.
Company growth
Summing up the results for 2024, PJSC ‘European Travel Insurance’ is the best company in the Ukrainian market in terms of the amount of insurance premiums in the assistance class and the growth rate of insurance premiums.
Charitable activities of PJSC ETI
Participation in charity projects has become one of the company's key areas of focus during the war. Together with the Bez Obmezhen band, as part of the Strong Hearts tour, ETI joined the fundraising to support the Armed Forces of Ukraine. The goal is to buy cars and drones for the military.
‘We are proud to support this important project and help our military,’ said Myroslav Boichyn, Chairman of the Management Board of PJSC “UTS”.
The company's charitable activities reflect its social responsibility and commitment to helping Ukrainians.
PJSC ‘European Travel Insurance’ is a leading player in the travel insurance market and provides comprehensive protection for travellers. This symbiosis helps the company to strengthen its position even in times of war. The company's goal is to continue to provide reliable protection to Ukrainian citizens, develop social initiatives and introduce innovative approaches to insurance.
