Azerbaijan, Baku, 14 Feb. / Trend H.Valiyev /
Azerbaijan Ministry of Finance granted permission to Golden Insurance Company to provide services of an insurance agent, GoldenPay told Trend.
Launch of company's services is scheduled for March 19. Ateshgah Sigorta insurance company is a partner within the project.
Currently, the module of "remote insurance" online-payment system is under the final stage of testing.
Insurance services not requiring personal involvement of insurers will be available at the initial stage. Car insurance will be the first of this type of service offered. Travel and other types of insurance will follow later.
The greatest demand for car insurance arises during the period of inspection. The main objective of establishment of Golden Insurance is to provide facilities for insurers.
"The mechanism of electronic insurance is very simple. The insurant indicates the car model, year of production, engine size and other necessary information, and then the system calculator automatically calculates the amount to be paid. A request is sent to the company which then sends the contract to the client by e-mail, after which payment is made," the company said.
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