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A three person team composed of Azerbaijan Compulsory Insurance Office paid a visit to SBM on August.

A three person team composed of Azerbaijan Compulsory Insurance Office (İSB), Executive Manager Elkhan Guliyev, Information technologies Director Eşref Hacıyev, Information Technologies Training and Support Department Manager Niazmi Karimov paid a visit to Insurance Information and Monitoring Center (SBM) on 14 August. The purpose of this visit by the Compulsory Insurance Office which was established nearly two years ago and which defines Turkey as their twin country was to meet the institutions in Turkey which are in the same position and to improve the communication.

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In the visit during which opinion were exchanged in relation to insurance sector and technical issues, Elkhan Guliyev, Executive Director, shared with SBM officers the purpose of İSB, its management system and activities. Similarly, Aydın Satıcı, General Manager of SBM, made a presentation which introduced SBM and its operations. The meeting visit during which mutual information exchange has taken place has been very fruitful for both parties.

Azerbaijan Compulsory Insurance Office, in the short time from the date of its establishment, has managed to connect the member insurance companies to a central IT system and recorded nearly 1 million policies in 2012. The biggest target of the ISB authorities who said that the demand increased each year is to further develop this centre they established.

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