Azerbaijani Company Introduce Two New Insurance Services
Azerbaijan, Baku / Trend corr. U.Ismaylova / The joint Iranian-Azerbaijani insurance company Azer-Assiya has introduced 2 new types of insurance services, Gambar Suvanverdiyev, the Chairman of the company stated on 3 September.
Two insurance services include accumulative life insurance and insurance of professional responsibility, Suvanverdiyev said. These two services will be introduced in Azerbaijan for the first time. The company has opened its agency in Baku, which will provide all insurance services.
The joint capital of Azer-Assiya, functioning since 1997, makes up AZN 2mln. The authorized capital of the company is AZN 710,000. The company offers 29 insurance services, four of which are compulsory.