INSURANCE IN THE SYSTEM OF INTERNATIONAL ROAD TRANSPORTATION OF UKRAINE

The international road transportation system for passengers and cargo is a high-risk activity where all responsibility falls on the carrier. The purpose of the article is to systematize all classes and insurance products that allow minimizing the risks for carriers in the fields of property insurance, personal insurance, and liability insurance in the context of international cargo and passenger. The authors identifies the place and role of insurance in the system of international road transportation in Ukraine and examines the mandatory and voluntary insurance products that carriers can use to transfer part of the risk to the insurer. The research is based on national and international legal acts regulating the transportation of cargo and passengers, their insurance, internal regulations of insurers, and information on insurance products that allow covering the risks faced by carriers. The study uses a systematic approach and general scientific methods of analysis, synthesis, structuring, classification, generalization, and more. The result of the research is the formation of a clear, generalized structural scheme for covering the risks of international carriers through insurance products offered in the Ukrainian insurance market, and the differentiation of the risk coverage territory (Ukraine and other countries). This is because international carriers operate within the legal frameworks of both Ukraine and other states. The study proposes a system for classifying insurance products for international carriers based on criteria such as the nature of the insurance, coverage territory, and industry affiliation. The article also identifies the regulatory acts, insurance rates, and liability limits for auto insurance products in Ukraine for international carriers. Future research prospects include the general systematization of the auto insurance sector in Ukraine, taking into account legislative changes in the current year.