European Travel Insurance
ERV is an international network of travel insurance experts located in Europe and beyond.
In Ukraine, the insurance company ERV is the only insurer specialized in the travel insurance segment.
October 19, 2006 – the opening of the company “European Travel Insurance” in Ukraine. The founders of Europäische Reiseversicherung AG (Austria) – 69.9% of the shares, Europäische Reiseversicherung AG (Germany) – 25.1% of the shares, USK Generali Garant – 5% of the shares.
2010 – ERV Germany increases its stake in the company to 95% of the shares.
2011 – “European Travel Insurance” conducts rebranding and continues to work under the new brand ERV.
2012 – ЕRV Germany increases its stake in the company to 99.99% of the shares.
2018 – Euroins Insurance Group acquires a 99.99% stake in ERV Ukraine.
Key financial indicators for the I-III quarters of 2018
Collection of insurance premiums, thousand UAH. 168 844
Including
Accident Insurance 18 457
Luggage insurance 12 031
Third party liability insurance 19 362
Financial risks insurance 10 205
Medical expenses insurance 108 789
Insurance indemnities, thousand UAH. 50,908
Including
Accident Insurance 355
Baggage Insurance 57
Third party liability insurance 3 492
Financial risks insurance 3 398
Medical expenses insurance 43 606
Technical reserves, thousand UAH. 108 384
Equity, th. UAH 54 137
Authorized fund, th. UAH 9,473