Insulin company INDAR insured its drugs with an unknown company.

IndarIndar, a state-owned company that produces insulin medications in Ukraine, entered into an insurance contract for its medications with Argo Insurance Company in July 2014. The insured amount for Humadar and Heparin is UAH 2,222,000. The insurance company received 3% of the transaction, amounting to UAH 678,000.

The company "Argo", which provided the insurance, was created recently, in April 2014.

Its founders are Vitaly Bilchich and Andrey Abrasimov and their company, Gold Finance LLC. Andrey Abrasimov previously managed Omega-Invest, a company owned by Alexander Kozinny's Bord Avto LLC and the well-known auto trader Igor Sotulenko.

The latter, together with Vitaly Bilchich, worked at the insurance companies AXA Insurance and Arsenal Insurance.

The director of the insurance company "Argo" is listed as a certain Yuri Toporikov.

 

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