MBASK Insurance Company delivers presentation of new programme

Director Jamil Malikov said the programme has two components: pre-accident emergency, medical and technical assistance in non-traffic accidents and after-accident assistance to the insured party in collection of necessary documents from government bodies.

Depending what limit the customer needs the insurer offers any limit above AZN 100. The company also pays for pecuniary and non-pecuniary damages. QUR is an individual insurance policy.

MBASK Insurer is owned by the EBRD (30%), IFC (10.6%) and five individuals. The company was established in 1992. As of April 1, the insurer's authorized capital reached AZN 2 million. The company provides 27 types of voluntary and 4 types of compulsory insurance services. APA-Economics