VIVACELL-MTS PREFERS INSURING ITSELF IN INGO ARMENIA

ArmInfo
2010-04-02 15:07:00

ArmInfo. In Q1 2010 the INGO ARMENIA insurance company won a tender
on provision of package insurance to VivaCell-MTS, the largest mobile
communication operator in Armenia.

The press-service of INGO ARMENIA told ArmInfo that under the
agreement concluded, the property risks of VivaCell-MTS are insured,
and medical insurance is provided to all the employees and members
of their families.

The insurance amount for 2605 persons exceeds 30 mln USD. For the
optimal coverage a package insurance program containing all the risks
related to medical insurance, including the ones possible during
business trips abroad.

The INGO ARMENIA CJSC has been operating in the insurance market
of Armenia since 1997. The company is affiliated with INGOSSTRAKH
Insurance Group (Russia). It is also included in INGO Group
(International Network of Guarantees and Obligations), which also
includes INGO NORD (Finland), Garant (Austria), INGO UKRAINE, etc.

INGO ARMENIA is the leader of the insurance sector of Armenia by the
main indices. In particular, according to the Ranking of Insurance
Companies by the Agency of Rating Marketing Information (ArmInfo),
in 2009 INGO ARMENIA held the first position by the total volume
of premiums.