Alfa Sigorta became the insurer of Agrolizing

The insurance company Alfa Sigorta became the winner of the tender announced by JSC Agrolizing of the Ministry of Agriculture.

As the site of the State Procurement Agency said, the financial structure insured not only property but also agricultural machinery, purebreds, technological equipment and fertilizers purchased by Agrolizing. The term of the agreement is 1 year and the contract value is 978,501.16 manats.

Alfa Sigorta is one of the 12 members of the Bureau of Compulsory Insurance, with 28 companies in the country.

It has been at the local insurance market since 1997 and provides services nominally on 35 types of insurance.

In February 2008, it was issued a perpetual license. Until 2005, the insurance company operated under the name LLC Murad. The sole founder and major shareholder of the company is Bank Technique.

According to the financial report for the past year, its share capital amounted to 7.78 million manat.

Within 10 months it collected 4 million 680.57 thousand manats premiums and paid compensations of 1 million 196.33 thousand manats. - 17D-