New products to enter into insurance market

12:54 - 28.06.2019


June 28, Fineko/abc.az. Currently, work is underway on the creation of new products in the insurance market.

Addressing to international insurance forum, Ibrahim Alyshov, the acting chairman of board of the Financial Market Supervision Authority (FIMSA), has stated that there is a necessity for compulsory insurance of liability of insurance agents.

"As I said, we plan to introduce new products into the insurance market. Among them are insurance of professional employment of doctors and the responsibility of insurers. Another product is mandatory cargo insurance from idle time in a customs warehouse during export & import operations," Alyshov said.

Previously, FIMSA has already announced plans on the creation of such mandatory products as insurance of liability of doctors and insurance of liability of persons involved in construction.

 

 

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