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Standard Insurance and Aviation Risk Managers Propose Joint Aviation Insurance Program

Business Materials 24 September 2007 12:34 (UTC +04:00)

Azerbaijan, Baku / Trend corr. U.Ismaylova / Standard Insurance, one of the biggest insurance companies in Azerbaijan, will jointly propose a program on aviation insurance for large corporate clients, with one of the world's leading rating agencies in aviation insurance the Aviation Risk Managers FZE, Standard Insurance reported

The program envisages insurance of airlines, crew and passengers, as well as insurance in the case of loss of license.

Aviation Risk Managers FZE studied the insurance market in Azerbaijan and came to the decision to go into partnership with the company Standard Insurance.

Standard Insurance has been operating since 2002. The authorized capital of the company is AZN 8mln. The company expects to receive an international financial stability rating.

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