A new 3-year strategy to support insurance market prepared


April 8, Fineko/abc.az. A three-year strategy for the development and promotion of the insurance market, prepared by the Association of Insurers of Azerbaijan (ASA), has been approved.

ABC.AZ was informed at ASA that covering the period of 2021-23 and focused on the priority areas of the local insurance market, the Strategy was approved by the Supervisory Board of the Association.

The Strategy, consisting of 8 strategic goals, includes such tasks as improving the infrastructure in the insurance sector, supporting the application of national professional standards in the sector, forming an insurance culture by improving insurance literacy, expanding international cooperation projects in the insurance sector, strengthening corporate social responsibility together with new participants in the insurance market.