"Accord" in Azerbaijan

Russian Insurance Company "Accord" (http://www.soglasie.ru) changes the format of the local insurance market. The other day opens representative office known financial institution in Baku.

The transition from partnership to full functioning due not only to the fact that its CEO - Azerbaijani Elnur Suleymanov, and identify this year's prospects of the insurance market of the country.

"The policy of the Ministry of Finance of Azerbaijan in the field of insurance, contributes to a progressive national insurance market. Given the high potential for growth, the company "Accord" is interested in the development of international insurance cooperation between our countries," he said in the announcement of the upcoming September 19 press conference for the local media.

The company will provide services in the field of reinsurance. Emin Aslaniv was appointed head of the local representation.

The company "Accord" was founded in 1994. The share capital is 4.3 billion rubles (100 million manat). Reinsurance capacity is 3 billion 825 million rubles. Partners of the company's reinsurance are Hannover Re, Munich Re, Swiss Re, SCOR and others.

The extensive network of sales includes more than 700 units of 88 offices in Moscow, 77 branches, 231 agencies, 171 remote workstations and 136 offices in the Russian regions. It allows the company to carry insurance protection of property interests of clients in practically all regions of the Russian Federation, and now assist the growth of the insurance market of Azerbaijan. -17D-