Skip to content

Belarus Shuts Down Significant Insurance Corporation

Established over a decade and a half ago, the organization has observed a persistent drop in its income in the past few years.

Belarus shuts down a significant insurance firm
Belarus shuts down a significant insurance firm

Belarus Shuts Down Significant Insurance Corporation

In a surprising turn of events, Yunik Makler Insurance Broker, owned by Strahovka.by LLC, has announced its intention to liquidate by the end of September. The company, which boasts over 13 insurance partners and more than 10,000 active clients, has been a mainstay in the insurance industry, providing services to both physical and legal entities over 500 times a month.

Despite the impending liquidation, the company's services will continue to be available to its clients until the expiration of their existing contracts. The company had 11 employees at the time and no subsidiaries or parent companies.

Meanwhile, a government decree from 2025 has expanded the list of sectors whose workers can receive insurance. The newly eligible sectors now include mining, manufacturing, supply of electricity, gas, transportation (land, pipeline, water, air, and motor vehicle repair), water supply, waste management, construction, motor vehicle maintenance, building and grounds maintenance, education, healthcare, social services, performing arts, physical culture, sports, recreation, and entertainment organisations.

However, the financial impact of this decree on the insurance industry is not specified in the article. It is also worth noting that the search results do not explicitly list the newly eligible sectors for insurance as per the 2025 government decree.

In other news, the company's financial statements for 2024 have not been published, and the company's revenue for 2023 was Br308,000, with a net profit of only Br3,000. The liquidation of Yunik Makler Insurance Broker was reported by Office Life, and creditors' claims will be accepted for two months.

The 2025 legislation imposes new requirements on health insurance marketplaces regarding eligibility verification, premium tax credits, and cost-sharing reductions but does not list new sectors for insurance eligibility. Similarly, changes to employee benefits include expanding HSA eligibility to all Bronze and Catastrophic plans on the exchange, but this relates to plan types rather than sectors.

If you have more information about the specific government decree that newly designates particular sectors as eligible for insurance in 2025, please provide it so we can further assist with the details.

The liquidation of Yunik Makler Insurance Broker does not affect the immediate finance-related services provided to clients, as these will continue until contract expirations. The 2025 government decree expanded sectors eligible for insurance, including mining, manufacturing, and various service sectors, but the specific sectors for Yunik Makler Insurance Broker remain unclear, as further details are needed for clarification.

Read also:

    Latest