Alfa Sigorta License for CTP Insurance Services Restored

The number of local insurers, who have the right to provide services for CTP insurance, has reached 12.

This was made possible after the Ministry of Finance restored the license of the company Alfa Sigorta on the liability insurance of car owners (CTP). According to the company, the right to provide these services has been valid since January 18.

Recall that in July 2012, the company's right to provide CTP insurance was annulled by the Ministry of Finance because of numerous violations.

JSC Alfa Sigorta has worked in the insurance market of Azerbaijan since 1997. Its sole shareholder is BankTechnique. The company has the right to provide services on 33 types of voluntary and 4 types of compulsory insurance. --17D

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