12:28 - 11.09.2018

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September 11, Fineko/abc.az. Insurance group Ateshgah presented its development strategy for 2019-21.

Ateshgah informs that Company’s Board of Directors approved the development strategy for 2019-2021.

"The goal of the strategy is to improve business performance for three years. The main objectives of the strategy are digitalization, expansion of electronic sales channel, and improvement of IT infrastructure," Ateshgah chairman of board Azer Aliyev said.

The strategy covers five directions:

1. Development of IT infrastructure, increasing the level of digitalization of companies.

2. Improvement of business processes.

3. Increasing the level of customer service.

4. Investing in human capital.

5. Creation of new insurance products on clients.

Aliyev stressed that in accord with this strategy Ateshgah should become the leader in the segment of retail property insurance and motor insurance, and strengthen its position in the segment of corporate insurance.

Total premiums of Ateshgah Group, which includes insurance companies Ateshgah and Ateshgah Heyat, amounted to 48 million manats for Jan-Jun 2018 (12.1% of all premiums of the insurers in Azerbaijan).