Association
The Association is free for entry and exit of new members. Below: who can become a member of the NASU, what rights and obligations a member has, how membership is acquired and which documents are attached to the application.
A member of the Association may be an insurer that carries out its activities in accordance with the legislation of Ukraine and agrees to comply with the rules of participation in the Association.
Membership
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take part in the General Meeting
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put forward proposals for the agenda of the Association’s General Meeting
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receive reports and information on the Association’s activities
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use the Association’s services
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receive assistance from the Association in resolving matters covered by its statutory activity
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use the Association’s logo
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receive legal assistance and advisory support when matters concerning the common lawful interests of the Association’s members are considered
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take part in the Association’s events
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comply with the provisions of the Association’s Charter, decisions of the General Meeting and the Association’s internal documents, and take their recommendations into account
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take part in the implementation of the Association’s statutory tasks
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fulfil their obligations towards the Association
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not disclose commercial and confidential information about the Association’s activities
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refrain from actions that undermine confidence in the insurance market
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safeguard the good name and reputation of the Association
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adhere to the principles of conduct, standards, rules and proper practices adopted by the Association, both towards other members of the Association and towards third parties
Joining
The Association is free for entry and exit of new members.
Step 1
The insurer submits an application for joining the Association using the established form. The application must contain the insurer’s consent to comply with the requirements of the Charter and other rules contained in the Association’s internal documents.
Application form (DOCX)Step 2
The documents established by the Regulations on Membership in the Association are attached to the application — the full list is set out below.
Step 3
The decision to acquire membership in the Association is within the competence of the Presidium of the Association.
Documents
1
A properly certified copy of the document confirming the applicant’s state registration (an extract and/or certificate of registration of a legal entity, an excerpt from the Unified State Register of Legal Entities, Individual Entrepreneurs and Public Organisations, dated not earlier than one month before the application is submitted).
2
Properly certified copies of the applicant’s founding documents (Charter of the legal entity, Founding Agreement, Taxpayer Certificate, Certificate of State Registration of a Financial Institution, etc.).
3
A properly certified copy of the document confirming the authority of the person signing the application (minutes, power of attorney, etc.).
4
Regulatory reporting files for the year in which the application is submitted and for the three preceding years, compiled in accordance with legislative requirements and submitted to and accepted by the National Bank of Ukraine (separately for each reporting period).
5
A properly certified copy of the decision (minutes) of the applicant’s authorised governing body on joining the Association and/or other documents specified in the applicant’s founding documents, together with documents confirming the authority and competence of the members of that body.
6
Properly executed documents confirming the insurer’s compliance with the solvency requirements of the legislation; information that the National Bank of Ukraine has not adopted a decision (and has not identified circumstances) recognising the ownership structure as opaque or refusing to recognise it as transparent, or recognising the business reputation of the insurer, its qualifying shareholders, managers, chief accountant and key persons as not impeccable; and confirmation that there is no information on the registration address and/or location of the insurer’s related parties in a state that is conducting or has conducted armed aggression against Ukraine within the meaning of Article 1 of the Law of Ukraine “On the Defence of Ukraine”.
Send the application and the set of documents to the Association’s email — the NASU Office will advise how to prepare each item.