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FortuneGuard, McGill and Partners, and ARX Launch Ukraine War Risk Insurance Facility with $50 Million Limits

Jan 09, 2025over 1 year ago

Contract Type

partnership

UkraineInsurance

Description

FortuneGuard, in partnership with McGill and Partners and ARX, has launched a historic Ukraine War Risk Insurance Facility to provide insurance capacity of up to $50 million per risk, addressing a critical gap in the Ukrainian market for commercial property and investments. The groundbreaking initiative offers scalable and affordable coverage, leveraging advanced AI-powered analytics to assess risks based on strikes, damage patterns, and proximity to critical infrastructure.

Company Information

Company

FortuneGuard

Location

Ukraine

About

FortuneGuard is a pioneering Lloyd’s Lab insurtech company that focuses on providing innovative insurance products and solutions.

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