State Insurance Commerce Company of the Azerbaijan Republic is rated 3 out of 5 in the category insurance. Read and write reviews about State Insurance Commerce Company of the Azerbaijan Republic. Azerbaijan had representatives of various insurance societies and companies of Russia, Germany, England and other states function before the October Revolution in 1917 which was became a member of the Russian Empire. In 1921 on October 21, in the Azerbaijan Soviet Socialist Republic was established the local State Insurance Authority, which after several years of persistent work with the large territorial scope and reliable state guarantee of claims, has left on advanced positions among local private insurance societies created in the period of NEP (New Economic Policy). State Insurance Organization of Azerbaijan SSR had 80 branches in all areas of Republic, including 11 Agencies in districts of Baku. The State Insurance Organization of USSR had broke-up after disintegration of USSR in 1991, and was formed the Independent Azerbaijan Republic with new State Insurance Organs in the reformed States of former USSR. The State Insurance Commerce Company was establish in 1992, on the basis of the former State Insurance Organization. And at same moment has 74 insurance agencies in all regions of Republic, which are connected with the Head Office of the Company with the aid of computer, teletype and telephone communications. The staff of this Company completes more than 500 workers. The strong competition in Azerbaijan Insurance Market which including more 20 insurance companies, Joint-Stocks and representatives of the foreign companies and brokers groups are requires constant perfection of a spectrum for offer insurance services as in quantity and in quality. And today the State Insurance Commerce Company of the Azerbaijan Republic, is on the first ten group, and is on the second position. It is the famous large and guaranty Company in the local insurance market, which providing in life more of 20 kinds of insurance services, and is the guaranty in property interests of hundreds thousand clients.
Address
Ibrahim-Pasha Dadashov str.,260
Company size
501-1000 employees
Headquarters
Baku, Bİnagadi