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Kyiv, 09 January 2025 – FortuneGuard, a pioneering Lloyd’s Lab insurtech, in collaboration with McGill and Partners, a Lloyd’s broker, and ARX, a leading Ukrainian insurance company, has launched a historic Ukraine War Risk Insurance Facility for commercial property and investments in Ukraine. This groundbreaking initiative provides insurance capacity of up to $50 million per risk, increasing existing limits in an unprecedented way and addressing a critical gap in the Ukrainian market.

Since the start of the war with Russia, international reinsurance markets have largely withdrawn from Ukraine, leaving businesses exposed. While prior efforts focused on mobile assets, such as cargo and logistics, medium and large businesses and investors faced limited insurance options. This new facility offers scalable and affordable coverage for commercial property and investments.

AI-Driven Risk Assessment
FortuneGuard is distributing this long-awaited insurance product in Ukraine in partnership with McGill and Partners and ARX, providing seamless access to coverage for commercial properties and investments in Ukraine. It offers tailored pricing using advanced AI-powered analytics to assess risks based on strikes, damage patterns, and proximity to critical infrastructure. The facility protects against threats such as drones, missiles, and air defense wreckage, delivering strong protection for businesses and investors in high-risk areas.

The Ukraine War Risk Insurance Facility was developed by FortuneGuard as part of Lloyd's Lab, in collaboration with McGill and Partners. It benefited from insights provided through Lloyd's Lab by experts, including Lloyd’s syndicates, brokers, and corporate specialists. Applications can be submitted at