“Azerbaijan Industry Insurance” OJSC was established by changing the organizational and legal form of “CI Insurance” LLC founded on December 17, 1996 under the Ministry of Justice of the Republic of Azerbaijan and is legal heir. According to the relevant statement at the end of 2008, the Company changed its organizational-legal form into Open Joint Stock Company. Charter Capital of the Company registered by the state with the charter capital in the amount of 125 000 USD, was amounted to 4 000 000 manats. Pursuant to the article 4.4 of the Law of the Republic of Azerbaijan made on June 28, 2012 by State Insurance Supervision Service under the Ministry of Finance of the Azerbaijan Republic on the “Compulsory Insurance”, the “Azerbaijan Industry Insurance” OJSC was permitted to act on types of compulsory insurance. Thereby, the Company was admitted to a membership of Compulsory Insurance Bureau. On December 12, 2012, the Company’s charter capital increased and was amounted to 8 160 000 manats. 95% of shares of “Azerbaijan Industry Insurance” OJSC which renders 29 voluntary, 4 compulsory, totally 33 types of insurance service, is owned by “Anadolu Investment Company” LLC, 5% bay “Azerbaijan Industry Bank” OJSC. Currently, the Company is providing a service to the customers in a wide scope with nearly 30 representations and sales centers. The authorized capital of company was raised to 11 000 000 azn due to the undistributed earnings of the past years and also the official name in English changed to “Azerbaijan Industrial Insurance ” OJSC on december 26, 2014
View Top Employees from Azerbaijan Industrial Insurance Company / Azərbaycan Sənaye Sığorta ŞirkətiWebsite | http://www.aiic.az/ |
Revenue | $8 million |
Employees | 45 (27 on RocketReach) |
Founded | 1996 |
Phone | +994 12 404 13 03 |
Technologies | |
Industry | Insurance |
SIC | SIC Code 64 Companies, SIC Code 641 Companies |
NAICS | NAICS Code 52429 Companies, NAICS Code 52 Companies, NAICS Code 524 Companies, NAICS Code 5242 Companies, NAICS Code 524298 Companies |
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The Azerbaijan Industrial Insurance Company / Azərbaycan Sənaye Sığorta Şirkəti annual revenue was $8 million in 2024.
Dogan Tandogan is the Chairman of the Supervisory Board of Azerbaijan Industrial Insurance Company / Azərbaycan Sənaye Sığorta Şirkəti.
27 people are employed at Azerbaijan Industrial Insurance Company / Azərbaycan Sənaye Sığorta Şirkəti.
The NAICS codes for Azerbaijan Industrial Insurance Company / Azərbaycan Sənaye Sığorta Şirkəti are [52429, 52, 524, 5242, 524298].
The SIC codes for Azerbaijan Industrial Insurance Company / Azərbaycan Sənaye Sığorta Şirkəti are [64, 641].