Over the past six months, Oranta raised the insurance premiums under agreements of voluntary health insurance by 33.3% compared to the same period of last year. In the first half 2012 many new companies became customers of Oranta’s medical insurance programs for their employees including: building hypermarket "Leroy Merlin Ukraine", perfume company "L'Oreal UKRAINE" Media Company "Internews Ukraine", advertising agency "Media Kit". Thess companies have their headquarters in Kyiv.
Oranta summed up the results of semi-annual implementation of the sales plan 2012 by its regional directorates. Leaders for the sales in motor insurance were traditionally Kyiv Regional Directorate and the Kyiv City Directorate, as well as Odessa and Kharkiv regional divisions of Oranta.
According to operational data of the first six months of 2012 Oranta gathered about UAH 300 million in insurance premiums. The amount of company’s indemnity payments reached more than UAH 99 million. For the six months of this year the company resolved more than 18 000 insurance claims that have occurred with its clients in all regions of Ukraine.
The Security Department of Oranta uncovered the fact of insurance fraud on the part of citizen of Ukraine. With the purpose of unlawful appropriation of the insurance funds the cheater has insured deliberately damaged vehicle, using the fact of improper performance of duties by one of the employees of Kyiv Regional Directorate. Later, using forged documents, including those allegedly issued by the authority of Traffic Police, the person illegally obtained 33,908 hryvnia of the insurance reimbursement in 2011. The fact of the fraud was detected during the annual audit of losses settlement. As a result of the audit activities, money has been recovered and credited to the company in June of this year. The officers of the company, whose participation helped to commit the fraud, received disciplinary action. Last year, in the result of such checks the company managed to return illegally obtained funds totaling to UAH 96,891.
According to a study conducted as part of regular project “Insurance TOP. Regions”, Oranta occupies leading positions in insurance payments in 16 regions of Ukraine as of the first quarter of 2012. The data were presented at the presentation of the results of Ukrainian insurance companies for the first quarter of 2012, conducted by the magazine «Insurance TOP» at the end of June.
After settlement resolution of an insurance case – fatal accident which occurred to the insured person in the Zhytomyr region, Oranta has paid indemnity of 100,000 hryvnia. An individual insured under this contract passed away in the result of the accident, and the indemnity payment was made to the insurer’s beneficiary on June 18, 2012. Oranta’s Department of losses settlement has done everything possible to accelerate early settlement of the case. The company expresses its deep condolences to the family of the deceased.
In the July the professional insurance magazine Insurance-TOP published an article about Oranta winning the first place in the ranking and status of the winner in "The Absolute Favorite of Success" contest in the "Insurance Company" (Services/Financial Services) category according to the results of the Brand Competition “Favorite of Success" in Ukraine. Oranta was also awarded the Medal of Honor of the same name by the management of the Contest. Audit results of the study were conducted by marketing research company In-Mind and the Kiev International Institute of Sociology (KIIS).
Today, the rating agency "Credit Rating" announced the confirmation of long-term credit rating of "National Joint-Stock Insurance Company Oranta"(Kiev) at uaA. Rating’s forecast is stable. Upon confirmation of long-term credit rating agency used and analyzed the full financial statements of Oranta for the II half of 2010 and 2011, individual performance measures for the I quarter of 2012, as well as internal information provided by the company during the rating process.