Bank Of Baku

AzSighorta to get ISO certificate in November

AzSighorta to get ISO certificate in November
# 14 October 2008 16:05 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan’s AzSighorta Insurance Company will get an ISO 9001-2000 certificate from Moody’s for quality management system, said Khayal Mammadov, deputy Chairman of the Company.
“Audit will start in a week after review of the personnel and documents. We expect audit to be completed by the end of October. We will probably get the certificate in November,” he added.
AzSighorta has been in operation since December, 2006.
The insurer earned AZN 1.957 million in premiums and paid AZN 250 380 for insurance claims in the first quarter. AzSighorta provides 25 voluntary and 3 compulsory types of insurance. As of October 1, the authorized capital stood at AZN 2 million.
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