Re/insurance brokerage, Marsh McLennan, has announced it will work with the Ukrainian government to help it unlock access to the global insurance market.
As part of the support, the broker said it will provide services on a pro-bono basis to design and deliver a risk data platform that will allow insurers to assess and underwrite war risks in the country with greater confidence.
This will better position the industry to start offering commercial insurance cover thus unlocking investable capital.
The Ukrainian government has committed to sharing detailed information with the insurance industry to enable effective and targeted risk modelling to rebuild its commercial insurance market, Marsh McLennan noted.
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