YEREVAN, September 17. /ARKA/. ROSGOSSTRAKH-ARMENIA insurance company intends to take part in the introduction of agriculture insurance system in Armenia, Agriculture Minister Sergo Karapetyan said Tuesday at hearings in the National Assembly.
“Agriculture is an area containing many risks, and insurance companies don’t want to bare this burden, but we have already taken certain steps in this direction,” he said.
The minister said that one month ago he had met with representatives of insurance companies and discussed insurance-related issues with them.
The government, he said, has already made arrangements with ROSGOSSTRAKH-ARMENIA and is now searching ways for using Russian experience in Armenia.
“This process is quite difficult and time-consuming, and the government’s interference is needed as well,” he said adding that the government considers it among its top-priority objectives.
Karapetyan said that at the initial stage an attempt to insure the riskiest segments of agriculture will be made, and after that the insurance system will extend over the whole area.
Rosgosstrakh Armenia insurance CJSC was established in May 2008.
Rosgosstrakh Armenia is one of Russian ROSGOSSTRAKH Group’s companies. Its authorized capital amounts to AMD 2.13 billion ($6 million). The company’s board includes ROSGOSSTRAKH Group’s leading specialists and administration members.
Rosgosstrakh Armenia has offices in all the cities of Armenia – 15 in Yerevan and 33 in provinces.
In December 2011, the company received ISO 9001:2008 от Moody International certificate. -0---