Dear valued members,

The war in Ukraine is about to enter its second calendar year and, unfortunately, there currently appears to be no end in sight.

Russia’s aggression against Ukraine has led to numerous economic changes, heavily affecting the insurance industry from the first days of the invasion. As a result, insurance carriers with Russian subsidiaries as well as major international insurance brokers have withdrawn from the Russian insurance market. Companies continuing their business activities in connection with Russia are now strictly controlled and, if appropriate, sanctioned.

We at UnisonSteadfast feel committed to supporting our members in providing their services and protecting the interests of their clients still operating on Russian territory, however, as an international organization and part of Steadfast Group we are obligated to operate in line with the current compliance regulations.    

Against this backdrop, we would like to explicitly point out that we are no longer allowed to provide any coordination services with respect to any business activities and insurance solutions related to Russia.

Please kindly contact your assigned account manager of UnisonSteadfast for more details.

We continue to stand with Ukraine.

Thank you for your understanding and cooperation.