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Azerbaijan's startup project providing government portal with insurance services

Economy Materials 24 August 2021 10:36 (UTC +04:00)
Azerbaijan's startup project providing government portal with insurance services

BAKU, Azerbaijan, Aug. 24

By Sadraddin Aghjayev - Trend:

The Azerbaijani startup project (insure.az) provides the state portal of electronic services (E-Gov.az) with insurance services on a contract basis, the project founder Azer Ismayilov told Trend.

“In parallel with the development of sales of insurance products, we are developing methods of their payment. For example, a citizen who wants to purchase an insurance product on the insure.az portal can pay for it through Million terminals, various mobile applications, as well as applications of some banks. We plan to introduce our product to as many online platforms as possible," Ismayilov said.

According to him, this year, some insurance companies digitalized sales of a CASCO (comprehensive motor vehicle insurance product) via the insure.az.

"As part of this work, we, as in other developed countries, are planning to completely transfer the sales of CASCO products to the online format," he stressed.

The insure.az project is currently cooperating with more than 20 insurance companies in Azerbaijan on various types of insurance.

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Follow the author on Twitter: @agdzhaev

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