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A Local Insurance Company Keeps on Conception of Western-European Insurance Market

Business Materials 28 March 2007 16:59
Azerbaijan, Baku/ corr. / Pasha Sigorta, a local insurance company, is keeeping the conception of the Western-European insurance market.Nofel Rzayev, the Deputy Director General of the Company, has said today that it is reflected in the improvement of the medical insurance and insurance of auto vehicles.It is for the first time in Azerbaijan, when the Company has introduced the auto insurance, excepting the emergency support service plus round-a-clock ensuring the legal support on the place of accident (on the spot). Bank Respublika, Azerdemiryolbank, Kapital Bank, Royal Bank of , Crescent Beach Hotel, Lider Farma have already become the clients of this type of insurance.According to Mr. Rzayev, despite the improvement of this type of insurance in the country, the tariffs offered by Pasha Sigorta on auto insurance are lower than common Azerbaijani market ones by 15 percent.The Company offers his clients the improved and updated medical type of insurance, which is of the principle of "family and corporative doctor". "The medical insurance offers the clients round-a-clock medical consolation and advice," he said.Such companies like audit company KPMG, , M-Distribution, Lider Farma have become the clients of this type of insurance.The tariffs of the Company on medical insurance on 12-15 percent lower than common Azerbaijani insurance market ones. Pasha Sigorta renders 28 types (kinds) of insurance services, with four out of them are of an obligatory nature to the client. The authorized capital of the Insurance Company is AZN 1 mln.
Azerbaijan, Baku/ corr. / Pasha Sigorta, a local insurance company, is keeeping the conception of the Western-European insurance market.Nofel Rzayev, the Deputy Director General of the Company, has said today that it is reflected in the improvement of the medical insurance and insurance of auto vehicles.It is for the first time in Azerbaijan, when the Company has introduced the auto insurance, excepting the emergency support service plus round-a-clock ensuring the legal support on the place of accident (on the spot). Bank Respublika, Azerdemiryolbank, Kapital Bank, Royal Bank of , Crescent Beach Hotel, Lider Farma have already become the clients of this type of insurance.According to Mr. Rzayev, despite the improvement of this type of insurance in the country, the tariffs offered by Pasha Sigorta on auto insurance are lower than common Azerbaijani market ones by 15 percent.The Company offers his clients the improved and updated medical type of insurance, which is of the principle of "family and corporative doctor". "The medical insurance offers the clients round-a-clock medical consolation and advice," he said.Such companies like audit company KPMG, , M-Distribution, Lider Farma have become the clients of this type of insurance.The tariffs of the Company on medical insurance on 12-15 percent lower than common Azerbaijani insurance market ones. Pasha Sigorta renders 28 types (kinds) of insurance services, with four out of them are of an obligatory nature to the client. The authorized capital of the Insurance Company is AZN 1 mln.
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