Azerbaijan Insurers Association established new committee on life insurance

Azerbaijan Insurers Association established new committee on life insurance
# 31 January 2011 15:26 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. A decision on establishment of new committee on life insurance was adopted at the last meeting of Board of Directors of Azerbaijan Ainsurers Association, Chairman of Board of Directors Azer Aliyev told APA.

According to him, this plan purposed to accelerate the development of life insurance type: “The chairs of Committee on Life Insurance will be appointed from the representatives of Gala Insurance, Pasha Life, AtaSigorta and Standard Insurance. Decision on this will be approved at the next meeting of Board of Directors.

He noted that, representative of Alfa Sigorta Kamran Bagirov was nominated as a chairman of Education Committee and Bashak Inam CEO Orkhan Hasanov was nominated to Underwriter Committee: “Appointment of these candidates will be discussed at the meeting to be held recently”, he added.

Note that, AIA has been in operation since 2006.
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