OREANDA-NEWS. On 01 September 2008 was announced, that Allianz Ukraine joined the Board of UICL by a unilaterally approved resolution of all existing members.

Upon joining the Board, Allianz Ukraine Ins.Co. shall take part in management of current operation within the period between Congresses of UICL members, in making decisions on formation of committees and task forces of the League, election of their heads. Allianz Ukraine shall also control performance of requirements of the Articles of Association, resolutions of the Congress, and other regulations governing operation of the League members by the latter.

“Ukrainian insurance market is rapidly developing, and many insurance companies see the perspective in consolidating efforts for more efficient operation of the Ukrainian Insurance Companies League. This is why we are happy to become a full member of the Board of UICL. It shall provide us with an opportunity to apply the long experience accumulated by the League for many years of operation in Ukraine. Thus, we shall be able to improve ourselves and take more active part in operation of UICL. We hope that knowledge of Allianz Ukraine experts and global experience of Allіanz will be useful in operation of UICL”, - said Joachim Wessling, Director General of Allianz Ukraine Ins.Co..

Except Allianz Ukraine Ins.Co., the Board of the Ukrainian Insurance Companies League consists of 30 member insurance companies, the President, and Director General of the Board of the Ukrainian Insurance Companies League.