Oleg Parashchak— CEO & Founder Finance Media Holding: Beinsure & Forinsurer
Oleg Parashchak is Chief Executive Officer and Owner Finance Media Holding. He is Editor-in-Chief at Beinsure.com and Forinsurer.com —Digital Media about insurance, reinsurance, investments & crypto.
Expertise: Specializing in Re/Insurance, InsurTech, Digital Media, Investing, Blockchain & Cryptocurency.
Finance Media Holding owns Forinsurer, an online magazine in Ukraine that focuses on insurance, reinsurance technologies, and InsurTech. With an impressive annual readership of over 1.8 mn, Forinsurer has become a leading source of information in this field. Oleg is also the CEO of Insurance TOP magazine, a print media outlet that covers Ukrainian insurance market data and insurance company rankings.
Oleg has more than 23 years of professional experience in insurance, media, advertising, and B2B sales. He has created and built a B2B and B2C digital platform and media presence in the insurance market.
Oleg Parashchak also has been the CEO of the Ukrainian Scientific Research Institute of Law and Economic Research since February 1, 2004, and has contributed to the economy of Ukraine. It is the only academic, professional publication in Ukraine whose purpose is to showcase the scientific accomplishments in Economic Law and explore the connection between economics and law, aligning with the research areas of the Department of Economics of NAS of Ukraine and Institute of Economic.
Prior Oleg worked as the Director of the Department of Analytics and Research at the League of Insurance Organizations of Ukraine. Department of Analytics and Research at the LIOU was established in 1992; the Insurance Market Association of Ukraine is vital in protecting members and others in the insurance market.
His work includes a deep analysis of both the insurance and investment markets. In today’s fast-changing economic landscape, understanding these sectors is crucial for making informed decisions. His research provides valuable knowledge, offering readers new insights into market trends and opportunities.
Oleg’s efforts in organizing the Insurance TOP’s National Award have significantly fostered networking and knowledge exchange among industry professionals. This event brings together top players from various insurance companies, creating a platform for individuals to connect, collaborate, and share their expertise. The award ceremony recognizes the outstanding achievements of insurance professionals and offers participants the chance to learn from each other through panel discussions and workshops.
Oleg Parashchak pursued higher education with a dedicated focus on economics and business management, earning a Master’s degree in Business Economics for Managers from Taras Shevchenko National University of Kyiv. Before this, he graduated with a Master’s degree in Economics and Technologies from The National University of Food Technologies.
Insured losses from Hurricane Berylcould have surged if the Category 1 hurricane had struck a densely populated Texas city like Corpus Christi or Galveston
Insurance policies often cover dog bite liability, providing financial protection for the owner against claims from bites or other injuries caused by their dog
World’s most valuable insurance brands retain their ranks through innovation and adaptability strategies. Brand Finance compiles a Sustainability Perceptions Index
The top risks for the insurance industry reflect the sector’s rapidly changing nature while at the same time reinforcing its critical role in protecting global businesses
The risk environment for the mobility sector continues to grow in its scope and complexity. Whether dealing with global supply chain issues against an geo-political backdrop
The Lloyd’s report examined the semiconductor sector’s risk challenges and aimed to spark product innovation through outlining the opportunities to develop new supply chain
In 2024, the North American market for mergers and acquisitions (M&A) continues its lackluster performance, largely attributed to persistently high interest rates
Insured losses from the 7.6 magnitude earthquake that struck the Ishikawa prefecture on the Noto Peninsula, Japan, on 1 January 2024 are likely to be small
The past year was once again characterised by extremely high insured losses from natural disasters, despite the fact that there were no extreme individual losses
Marsh McLennan’s new Unity facility to cover Ukrainian grain exports could pave the way for more insurance solutions to support the country amid the ongoing war
Regulation and taxation of crypto assets in Ukraine, impact on GDP and tax revenues, and the shadowing factor as the main driver of efficiency growth in the industry
The extreme event solutions business unit of Verisk estimates industry insured losses due to wind from Winter Storm Ciarán will range between EUR 800 mn and EUR 1.3 bn
Companies that have strong cyber security hygiene are reducing the risk of being targeted by cybercriminals. Investment in cyber security is crucial in this environment
Most natural disaster databases show a significant decline in the number of annual global events prior to 1980. While the biggest natural catastrophe events are typically captured
2024 is a continuation of the recent run of years with high losses from natural disaster. While the overall losses of $120bn in 2023 were lower than those in 2022
U.S. workers compensation insurers were able to underwrite profitably between 2019 and 2023 even as significant changes occurred in the nation’s workforce
U.S. property catastrophe reinsurance rates rose by as much as 50% at a key July renewal date, with states such as California and Florida increasingly hit
The U.S. life insurance sector outlook remains neutral, and issuers are well positioned to withstand commercial real estate challenges and expected asset deterioration
To build an AI-driven finance organization for the future, it will require a combination of technical and business skills that many finance teams do not have today
TOP 50 World's Richest People 2024. Billionaires play an outsized role in shaping the global economy, politics, and philanthropy. Forbes' billionaires list
Space insurance is roughly divided into four types of coverage. They reflect the phases of most satellite projects – preparing and launching the satellite
Re/Insurers poorly prepared for the increased loss frequency and intensity wrought by flooding and climate change as this year’s North Atlantic hurricane season
Total global insurance market premiums grew by 6.1% in real terms to $7,186 trln. The non-life sector posted 5.5% growth, driven by rate hardening in commercial lines
Wearable technology like smart watches and fitness devices are changing the way insurers and insureds interact with data, but where has this revolution come from?
IAIS collected data on the global reinsurance market through annual Global Reinsurance Market Survey covered about 50 reinsurers based in nine jurisdictions
Seismic shifts in the macroeconomic environment – combined with geopolitical uncertainty and heavy natural catastrophe losses – led to a severe tightening of capacity
ILS plays a key role in allowing catastrophe risk to be transferred from the commercial insurance market to investors, providing additional (re)insurance capacity
The metaverse was already worth nearly $500 billion. That figure is expected to rise to a staggering $800 billion by 2024 as more platforms enter the market
Allianz Risk Barometer incorporates the views of 2,712 respondents from 94 countries and territories. Elevated levels of disruption to continue as dangers
Cloud computing is a term that has gained widespread use over the last few years. With the exponential increase in data use that has accompanied society's transition into the digital
The year 2022 can be characterized as one of the most challenging years in recent decades from the social, financial, political environment points of view
Insurance companies continued to follow a years-long trend by increasing their structured securities investments, with 3% growth year over year to $1.14 trillion
The world’s fastest years of economic growth are likely already behind it — expansion is slowing as population growth weakens, according to Goldman Sachs Research
The insurance industry will continue to follow in the tech world’s steps by rapidly innovating and shifting the way it does business in order to better serve
S&P Global Ratings' insurance industry and country risk assessment (IICRA) for the global marine protection and indemnity (global P&I) sector is intermediate
What does pet insurance cover? It depends on the type of policy you go for, but as well as veterinary treatment for accidents and/or illnesses policies
Central banks to live with inflation, but only after stalling growth. The Great Moderation, from the mid-1980s until 2019 before pandemic struck, was a remarkable period
Big data analytics refers to the methods, tools, and applications used to collect, process, and derive insights from varied, high-volume, high-velocity data sets
