On October 27, the opening ceremony of the new services branch of the International Insurance Company, established by the Azerbaijan International Bank, took place in Baku. The Company, which possesses the largest authorized capital in the insurance market of Azerbaijan, opened the new service branch in Khatai district as part of its expansion plan, Trend reports.
The services of the new branch will include providing transport, medical, life and other kinds of insurance services.
The dynamic development of the International Insurance Company, improvement of its structure, as well as the upgrade of quality services provided to clients has led to the Company's rise on top of the insurance market of Azerbaijan and the Company plans to provide new services in the future.
The opening ceremony brought together the Chairman of the Executive Board of the International Insurance Company, Fariz Abbasov, the Deputy Chairmen of the Company's Executive Board, Feyruz Novruzov, Chairman of the Executive Board of the Azerbaijan International Bank, Asker Mammadov and the member of the Bank's Executive Board, Gubad Huseynov.
Feyruz Novruzov stressed at the opening ceremony that this is the 2nd service branch of the International Insurance Company. The first one was opened on 27 February 2006 and we then decided to open a new branch in Khatai district of Baku city. As required, we plan to open new branches in other districts of Baku and regions of Azerbaijan. Although these branches provide transport insurance, it is also intended to provide other types of insurance, he said.
According to Novruzov, at present the Company is devising a new insurance pack. The tariffs will be changed. The new project will be implemented under the slogan Maximal provision, minimal costs and we hope that the clients will like it, he concluded.