BAKU, Azerbaijan, June 10
By Yusif Aghayev – Trend:
Qala Hayat Sigorta, an Azerbaijani life insurance company has integrated local e-pul.az, hesab.az, smartpay.az and kassam.az e-payment systems into its work, Trend reports referring to the company.
According to the company, the innovation was applied in order to expand the capabilities of the company's customers to pay insurance fees online.
The same payment method can be used via the Expresspay payment website.
“The main goal of connecting to these payment systems is to provide comfort to our customers and save their time as much as possible," said Azer Alizade, Acting Chairman of the company’s Board.
The authorized capital of Qala Hayat Sigorta is 13 million manat ($7.6 million). The company was founded by AzRe Takrarsigorta reinsurance company, one of the largest financial organizations in the field of insurance.
Currently, 21 insurance companies and 1 reinsurance company operate in Azerbaijan.
(1 USD = 1.7 AZN on June 10)