Azerbaijan, Baku, 7 May / Trend corr. U.Ismayilova / Pasa Sigorta, one of the Azerbaijani largest insurance companies, has signed the largest corporative deal with the operating company Salyan Oil, Nofal Rzayev, Director General of Pasa Sigorta, stated on 7 May. The deal is one of the five largest deals in insurance market.
Pasa Sigorta will render medical insurance to employees of Salyan Oil, who produce oil, Rzayev said.
Pasa Sigorta has signed a deal with Salyan Oil to render medical services to 950 employees of the company. Totally, the company will render medical services to 2,000 people including family members of the employees.
The deal was signed for one year term. The sum of the deal has not been announced.
A tender was announced in Salyan Oil. Five insurance companies participated in the tender, but Pasa Sigorta succeeded in the tender.
Salyan Oil is the largest operating company with foreign participation, which produces oil on the onshore field Kursang-Garabagli. Salyan Oil budget for 2008 is $45.5mln.
Pasa Sigorta has been operating in Azerbaijan since March 2006. The company renders 29 types of insurance services. In 2007, the company received certificate from Moody International Certification Services. The authorized capital of the company is AZN 4mln.
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