ArmInfo. Insurance company Ingo has introduced a completely new product for the financial market of Armenia - insurance against job loss. The new product is designed to support employees by covering their financial obligations, even in the event of mutual dismissal.
During the presentation of the product, which took place with the participation of representatives of the banking sector, Ingo executive director Rafik Suvaryan spoke about the advantages and features of this innovative solution. In particular, Suvaryan discussed with the leadership of the banking sector the importance of the product in banks, the integration process and issues related to further cooperation.
"We are confident that the interest of representatives of the banking sector in the product will contribute to the formation of a new culture in the financial and insurance sectors and the offering of the best solutions for our common clients," the insurance company noted.
Ingo Insurance Company has been operating in Armenia since September 1997. The shareholders of this insurance company are Invest-Polis with a participation share of 75%, and Levon Altunyan - 25%. Ingo Insurance Company is licensed for 16 classes of insurance. At the end of 2023, the company took second position in terms of insurance premiums - 15.3 billion drams. The same position on assets 17.6 billion drams and in equity capital - 5.1 billion drams. Finished 2023 with a net profit of 614 million drams (3rd position in the insurance market).
