ARX Insurance,[1] one of the largest insurance firms in Ukraine, has become the latest insurer to become a member of MAXIS Global Benefits Network. ARX’s parent, Canadian insurer Fairfax, acquired our former member AXA Ukraine last year along with ARX itself, with both entities now operating under the ARX brand.
ARX, which provides life, disability and medical coverage to our multinational clients, has been operating in the insurance market for 26 years and is still experiencing impressive growth. For FY2019, the company grew by 22% and increased its client count by 20%. It’s currently the number one ranked insurer in Ukraine and in the top three for health insurance.
ARX is MAXIS GBN’s second partner in Ukraine, alongside MetLife Ukraine.[2]
Andrei Peretyazhko, CEO at ARX, commented: “We are delighted to be part of the MAXIS network. MAXIS GBN provides market-leading, world-class solutions and member benefits, and we are proud to formalise this partnership in Ukraine. Being a leader in the market, ARX has always strived to improve its service and with this new partnership, we are pleased to be providing the best solutions to some of the biggest multinationals operating in the country.”
David Watts, Director of Member Management at MAXIS GBN, said: “It’s great to have another strong partner in Ukraine and provide exceptional medical coverage to our multinational clients there. MAXIS GBN network members are all high-performing companies in their local markets and it’s wonderful to be further expanding our global membership with an experienced market leader like ARX.”
For media enquiries please contact
Kate Ross / Nick Spearing
MAXIS Global Benefits Network – [email protected]
[1] ARX LIFE INSURANCE COMPANY ADDITIONAL LIABILITY COMPANY and ARX IC JSC
[2] PJSC "MetLife"