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Broker insurtech partnership launches Ukrainian commercial property reinsurance facility

By 2025-01-09T13:00:00

Ukraine damaged building

’As Ukraine continues to navigate the devastating impacts of war, we recognise the significant role of the insurance industry in supporting Ukraine’s economic regrowth,’ says chief executive and founder

Specialty (re)insurance broker McGill and Partners has launched a war risk reinsurance facilty for Ukrainian commercial property in partnership with Lloyd’s Lab insurtech FortuneGuard. 

The new proposition utilises artificial intelligence (AI) to enhance the understanding and underwriting of commercial property risks in the East European state, with analysis of official data on projecticles fired into the country from Russia that assesses the liklihood of war damage.

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