Thursday, April 8 2010 17:13

INGO ARMENIA offers new product of car insurance "New for Old"


ArmInfo. INGO ARMENIA has modernized the CASCO insurance product introducing a system of reimbursement "New for Old." In fact, reimbursement will be made without deduction of the structure and details of a damaged car (subject to replacement as a result of insurance event), INGO ARMENIA told ArmInfo.

The source reported that the new product is highly in demand by car owners who will be able to use the new insurance service already in April 2010. INGO ARMENIA CJSC entered the insurance market in 1997. The company is affiliated with the largest Russian insurance ground INGOSSTRAKH and is part of INGO Group () comprising INGO NORD (Finland), Garant (Austria), INGO UKRAINE (Ukraine) and others.

INGO ARMENIA is the leader in the Armenian insurance market by key figures. Ranking of Armenian Insurance Companies prepared by ArmInfo says that the company ranked the first by total premiums and collections in CASCO segment. The company is the leader also by car insurance reimbursement that exceeded 300 million drams in 2009.
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