Reinsurance News

Inherent Risks to provide USAID medical evacuation services for Ukraine

22nd January 2024 - Author: Kassandra Jimenez-Sanchez

Global risk advisory firm, Inherent Risks has won a prime contract for an undisclosed amount to provide emergency medical response and evacuation services to United States Agency for International Development (USAID) funded projects in Ukraine.

Since Russia’s invasion of Ukraine in February 2022, Inherent Risks has provided $9.88 billion in development and humanitarian assistance to Ukraine.

This includes critical risk advisory, medical evacuation and crisis response services across Ukraine to the insurance market in direct support of energy security, de-mining operations, war crimes investigation, stabilisation, reconstruction and maritime.

Through this new agreement, the firm will deliver a full suite of travel risk management and duty of care services, including pre-travel safety briefs, intelligence reports, incident alerts, safety check-in, itinerary tracking, risk maps, and 24/7 emergency medical response and evacuation services.

“To accomplish its humanitarian mission, USAID relies on a vast network of trusted partners, all of which have a duty of care to their staff across the country. Inherent Risks is honoured to be entrusted with providing essential protective and responsive services that enables USAID partners to achieve their missions,” said Inherent Risks Managing Partner, Dan Kaine.

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Inherent Risks has developed War and Accident Membership, which it describes as unique, fully backed and indemnified by Lloyd’s of London and company market insurers.It covers medical and crisis response with no war exclusions up to a limit of $250,000 USD.

Sold under the brand UkraineResponse.com, this membership can be purchased per person, per day without any term limits.

Kaine added: “We are thrilled to be tapped to provide these essential services for USAID partners. We look forward to delivering timely, accurate and cost-effective solutions enabling people entering Ukraine to proactively prepare for travel safety risks, and equipping them with the resources they need to stay safe, take quick action, and recover if the unexpected happens.”

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