Bank Of Baku

Buta Sigorta intends to become a member of compulsory Insurance Bureau

Buta Sigorta intends to become a member of compulsory Insurance Bureau
# 02 October 2012 13:28 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Buta Sigorta is going to become a member of Compulsory Insurance Bureau, said the Chairman of Board of Directors Abbas Babayev.

He says all relevant documents were prepared and submitted to the Bureau. After paying the security deposit on compulsory insurance types, the company will start to sell insurance polices on the types of “Compulsory insurance of civil liability of vehicle owners”, “Compulsory insurance of real estate”, “compulsory insurance of civil liability on exploitation of real estate”.

CIB has been in operation since 2011. The bureau has 12 members.

Buta Sigorta has operated since 1996.
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THE OPERATION IS BEING PERFORMED