The CEO’s choice of insurance coverage for large real estate in Ukraine is defined mainly by three factors which are the cost of the insurance policy, deductible amount and insurer’s brand. Although the risk of the damage is not directly defined by the size of the enterprise, there have been cases of major damages suffered by the Ukrainian real estate resulting in the enormous sums of indemnification paid by the insurance companies.
What you are about to read is not intended for everyone. It might be useful for those having to spend some time convincing themselves in the necessity of networking prior to attending any event. Yes, networking is natural. However, it frequently can arouse inner protest if you are an introvert. So what is the biggest introverts’ problem in terms of networking? Is it possible, or more importantly, is it necessary to overcome oneself? The fact that there are no completely self-sufficient people living in a kind of exclusive biosphere is obvious even to us – introverts. The best things that happen to us are often associated with other people. Even if a brilliant idea has crossed your mind, one way or another, you’ll need someone’s assistance to bring it into life.
Currently Ukraine’s IT industry stands among the top-5 fastest growing segments of the national economy and even ranks high up internationally for its growth rates. As of October 2015 the amount of foreign investments in this field accounted for over $ 2 bln with this number having promising prospects in future as well. Fairly enough, the majority of companies leading in this field are those partially owned by foreign entities or individuals which for the most part are used to covering possible risks associated with the companies’ operations by insurance policies.
Given the share of land suitable for agriculture in Ukraine accounting for almost 70 % of land area, it is safe to assume that this asset should be main priority in terms of governmental protection and regulation as stability in the field of agriculture is an integral part of the stable development of national economy as a whole. Insurance is of great importance in this matter. However, currently our country faces the situation when hardly 4 % of overall land under crops falls within insurance coverage. It is worth mentioning that distinctive agricultural insurance feature is reflected by high risk-high cost relationship. Moreover, the culture of insurance leaves much to be desired.
This overview might be interesting for farmers who already own farms in Ukraine, or investors looking for farms for sale in Ukraine or even Ukraine’s land for sale (though this option might be available only after lifting moratorium in 2017).
Psychologists believe that extroverts are always more successful and are much more comfortable in business environment than their psychological antipodes - introverts. Is it really so? Which dangers lurk in wait for the extroverts and how to avoid them?
Lately Motor (Transport) Insurance Bureau of Ukraine (MTIBU) has been trying to level prices for Motor Third Party Liability Insurance (MTPL) policies which are actually to be even in the market under current legislation.
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