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Finance 08/11/2012 Uzbekinvest develops eight new insurance products in 9m
Uzbekinvest develops eight new insurance products in 9m
Tashkent, Uzbekistan (UzDaily.com) -- Uzbekinvest national export-import insurance company developed eight new insurance products and modernizes 77 insurance products to meet demands of clients in nine months of 2012.

Within the implementation of presidential resolution “On state programme “The Year of Family”, the company developed and approved action plan on implementation of the state programme “The Year of Family”. The company developed such products as “My House”, “My Family”, “My Automobile”, “My Health” and “My Business”, which are realized by its branches.

Currently, the volume of rendered insurance services to population on newly developed products made up 2.7 billion soums.

The company said that the volume of insurance premiums rose by 1.4 times year-on-year in nine months of 2012, while insurance liabilities jumped 1.7 times year-on-year.

At the same time, the liabilities on insurance of interests of national exporters and investors rose by 66.3%, and small and private businesses – 55%.

The company said that it opened six new insurance branches and increased number of regional agents twice to increase sales of insurance services in rural areas.

Currently, the company has 14 territorial branches, 90 insurance departments and over 950 insurance agents.

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