Azerbaijani Insurance Company to Shift to On-line Policy Sale System

Business Materials 11 November 2008 15:52 (UTC +04:00)

Azerbaijan, Baku, 11 November / Trend corr. U.Ismayilova / "The Azerbaijani insurance company AzSigorta is prepared to shift to sell insurance policy through on-line system," Khayal Mammadkhanli, the deputy general director of the company, said on 11 November.

"At present the company is going to sell tourists' insurance policy - travel on-line," Mammadkhanli said.

According to the deputy general director, tourists' insurance is not one of profitable kinds and the company can gain only AZN 5,000-10,000 from it within a month. Despite this, AzSigorta will offer this kind of insurance under on-line format to clients.

"This insurance is the first one, which will be sold via on-line system, whilst the company intends to offer other kinds of insurance via electronic shop system n 2009," Mammadkhanli said.

In 2007 AzSigorta insurance company entered top ten on amount of collections with AZN 5mln indicator for the first time in its history. The company offers 29 voluntary and four obligatory kinds of insurance. The authorized capital of the company amounts to AZN 1mln.

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