Insurance
Advising foreign law firms, insurers, and reinsurers on Ukrainian law matters
We provide legal advice regarding the legal assessment of cases having the signs of an insured event, the investigation of the causes and circumstances of an insured event, looking into whether there are grounds for payment or refusal to pay an insurance indemnity, prospects for insurance disputes, and represent policyholders and insurers in insurance disputes.
Insured events under insurance contracts covering war, terrorism and civil unrest (political and war risks)
We advise international law firms on the political and war risk insurance contracts. After the full-scale Russian invasion of Ukraine on 24 February 2022, such insured events mostly stem from the damage to and/or destruction of insured property, business disruption, inability to export goods due to military operations in the territory of Ukraine.
Our team has advised foreign clients on the following matters:
- seizure by Russian army or loss of control of wind power plants located within the temporarily occupied territory of Ukraine;
- damage to and or/destruction of stocks of goods of international wholesalers resulting from military operations;
- looting;
- damage and/or destruction of production facilities and commercial property due to military actions;
- blockage of a global crop trader and processor from exporting grain from Ukrainian sea ports due to hostile actions of the RF army in the Black Sea and the Sea of Azov;
- forcible alienation and withdrawal of insured property by military authorities of Ukraine;
- ban on cross-border payments from Ukraine;
- investigations into insured events involving sanctioned property (yachts);
- loss of aircraft due to inability to operate them because of closing the airspace of Ukraine.
Agricultural insurance
We have a long-standing experience of dealing with agricultural and insurance businesses in Ukraine, so we strongly recommend large and small agricultural holding companies and producers of agricultural chemicals and products to insure their business against financial and political risks and their assets, such as crops, future yields and cattle, against weather hazards, infectious diseases and third party unlawful actions, including, in particular, raider attacks.
Professional liability insurance
We insure our professional liability and our clients’ legal fees. Therefore, our clients may expect that they will be compensated, either in full or in part, for their loss and legal expenses.
«The team is quite obviously and rightly regarded as top tier in Kyiv»
Legal 500 2024
selected projects
Leading Ukrainian insurance company
Ukrainian branch of a large European insurance company
Insurance company
Publications
01/03/2023
Q&A about Insurance Litigation in Ukraine 2023
30/03/2022
Yes, it is, but only if the property was insured against military risks. That is to say, in 99.9% of cases, in fact, it is not. Before 2014 it was not a routine case in Ukraine to insure property against military risks. The Ukrainian insurance market, for the most part, did not offer such insurance product. It was done only in a few isolated cases that nobody was aware of, not to speak of the fact that it was done on the terms of reinsurance. But those were, more often than not, exceptions...
05/05/2021
Q&A about Insurance & Reinsurance in Ukraine 2021
16/03/2020
Q&A about Insurance Litigation in Ukraine 2020
Team
Yana Hembarovska
Associate
Domestic Litigation,
Restructuring and Insolvency,
Insurance
Oleg Kachmar
Partner, Attorney-at-Law
Domestic Litigation,
Restructuring and Insolvency,
Agribusiness,
Insurance
Hanna Rud
Senior Associate, Attorney-at-Law
Domestic Litigation,
Restructuring and Insolvency,
Insurance