YEREVAN, November 26. /ARKA/. Number of existing contracts of mandatory car insurance provided by the company “INGO Armenia” as of the end of October exceeds 67 thousand, said first Deputy of Executive Director of the insurance company “INGO Armenia” Arevshat Meliksetyan.
 
“This year our company opened representation offices in all the regions of the country, where service of clients and the process of client service in the issues of payment of compensations is implemented”, he said on Friday to the journalists.
 
Meliksetyan said that in accordance with the internal regulation, the team of insurers should go to the place of accident not later than two and a half minutes after receiving a call about the car accident.
 
“We can not be responsible for the arrival on the place of car accident as it does not depend on us”, he said, clarifying that according to the law, if the insurer does not fit within the defined period of arrival, he is obliged to operate by the facts which the client provides him.
 
Meliksetyan said that today the number of insurance agents exceeds 1400 people who work in the whole territory of Armenia.
 
Permanent work is conducted with the clients as individually, as well as in the form of training courses. There is also a system of financial encouragements “which provides loyalty of our agents towards us”.
 
“INGO Armenia” was established in 1997 as Closed Joint Stock Insurance Company “Efes”. In December 2003, 75% of shares of the company was obtained by the Russian company “INGOSSTRAKH” after which it was renamed “INGO Armenia”. Levon Altunyan (Armenia) is the shareholder of 25% of shares. Charter capital of the company is 750.9 million drams.
 
According to the data of the company, in January-September 2011 the volume of insurance premiums of the company was 4 billion drams, and the number of compensations – 1 billion drams. Volume of insurance premiums collected by mandatory car insurance was 2.2 billion drams in the reporting period and compensations - 633 million drams. ($1 – 383.36 drams).--0--