BAKU, Azerbaijan, Apr. 4
By Yusif Aghayev - Trend:
The organizational structure of the Azerbaijan Insurers Association (AIA) has been changed, Chairman of the supervisory board of AIA Azer Aliyev told Trend.
In accordance with the changes, the positions of the chairman of the association’s board and his deputy has been abolished. Instead of these positions, a new position of the executive director of AIA has been established.
As a result of the changes, Azer Aliyev has retained his position of the chairman of the supervisory board of AIA, and Deputy Chairman Elsavar Tanriverdiyev has left his post. The position of the executive director remains vacant.
The Azerbaijan Insurers Association was established in 2006 as a voluntary association of professional participants in the insurance services market. AIA includes 20 insurance companies, one reinsurance company and five insurance agencies.
Today, 22 insurance companies and one reinsurance company operate in Azerbaijan.