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Azerbaijan’s insurance company to offer services of new quality standards to local market for first time

Business Materials 22 January 2009 12:54 (UTC +04:00)

Azerbaijan, Baku, Jan. 22/ Trend , U. Ismayilova/ Qarant Sığorta Company has successfully passed ISO 9001:2008 International Audit Certificate for the first time in Azerbaijan, chairman of the company Vagif Hasanov said.

"Being the youngest player in Azerbaijani insurance market, we have attained the first ever achievement across our country," Hasanov said.

The major part of Azerbaijani companies holds ISO 9901-2000 International Certificate. ISO 9001:2008 Certificate specifies requirements and relationship with customers in clearer way, defined more specific terms applied to internal business documents and working environment and gives more preferences to the effectiveness of corrective and preventive operation, he said.

The audit for İSO 9001:2008 certificate was conducted by Bureau Veritas.

Bureau Veritas founded in 1828 and considered as the largest worldwide company for certification will present soon ISO 9001:2008 International Certificate to Qarant Sığorta Company.

The authorized capital of Qarant Sığorta Company which has started its activities early 2008, is 4 million manat. In Jan. -Sept. 2008, the company collected premiums of 5.66 million manat. The payments totaled 0.003 million manat.

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