Azerbaijan to create a centralized system of agricultural insurance

12:56 - 28.12.2017


December 28, Fineko/abc.az. Azerbaijani insurer Azərbaycan Sənaye Sığorta has been defined itself with plans for the next year.

Company’s chairman of board Kamran Babayev says that next year they expect positive trends from government’s new centralized system of agricultural insurance, premiums of which will be covered by the state by 50%.

"Also, the domestic insurance market needs introduction of mandatory annual inspection in the field of information security, in particular by the method of application of the "penetration test" system,” Babayev said.

As for Azərbaycan Sənaye Sığorta’s plans for the next year, Babayev stated that their Company aims to increase portfolio on health and agricultural insurance.

 

 

 

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