The Order of the President of the Republic of Azerbaijan On awarding “Dostlug” Order to Kunio Mikuriya

28 january 2022, 12:50

Guided by Item 23 of Article 109 of the Constitution of the Republic of Azerbaijan, I hereby order:

To award “Dostlug” Order to Kunio Mikuriya for his contribution rendered to the strengthening of cooperation between the State Customs Committee of Azerbaijan Republic and the World Customs Organization.

Ilham Aliyev

President of the Republic of Azerbaijan

Baku, 28 January 2022

Ilham Aliyev received in video format Secretary General of World Customs Organization

28 january 2022, 10:30

President of the Republic of Azerbaijan Ilham Aliyev has received in a video format Secretary General of the World Customs Organization (WCO) Kunio Mikuriya.

Hailing the fruitful cooperation between Azerbaijan and the World Customs Organization and the support of the organization for the country, President Ilham Aliyev recalled with pleasure previous meetings and discussions he held with Kunio Mikuriya. The head of state hailed the fact that the cooperation with Azerbaijan has always been in the focus of attention of the World Customs Organization’s Secretary General, pointing out that the organization’s valuable recommendations and advice contributed to the development of this sector in the country.

Secretary General Kunio Mikuriya expressed satisfaction with his visit to Baku ahead of the 30th anniversary of the establishment of the customs service in Azerbaijan and congratulated President Ilham Aliyev on the growing role of the country in the region and across the world.

Emphasizing that his organization will continue to support customs reforms in Azerbaijan, he noted that Azerbaijan has become a center of regional development and transport hub. Kunio Mikuriya said that the stability in the South Caucasus region has created favorable opportunities for the development of regional cooperation, people-to-people contacts and transport links.

President Ilham Aliyev noted that Azerbaijan has become a transport and logistics center in the region thanks to the country’s favorable geographical position, investments in infrastructure, and relations with neighboring countries, adding that regional ties create a favorable environment for cooperation. Pointing to the issues of regional cooperation, the head of state said that despite the global economic crisis caused by the COVID-19 pandemic, the increase in trade with key partner countries for Azerbaijan last year was an indicator of the country’s economic recovery and development.

The President of Azerbaijan described last year’s growth of the economy by more than 5 percent, the non-oil sector by 7 percent and the non-oil industry by 20 percent as a result of reforms. President Ilham Aliyev hailed new opportunities for cooperation in the region after the end of the conflict between Armenia and Azerbaijan.

The sides exchanged views on prospects for developing cooperation between Azerbaijan and the World Customs Organization.

MIC Global Receives ‘In-Principle’ Approval to Establish Syndicate 5183

LONDON, Jan. 28, 2022 (GLOBE NEWSWIRE) — MIC Global has received ‘in-principle’ approval from Lloyd’s for the creation of MIC Global Insurance Syndicate in a box (Syndicate) MIC 5183. MIC Global is a pioneering insurtech providing end-to-end digital micro insurance products.

The new syndicate will be managed by Asta, the leading third-party managing agent at Lloyd’s and is scheduled to underwrite business incepting on or after 1 April 2022.

Entry into the Lloyd’s market represents a significant step in MIC Global’s growth, furthering their ambition to build a global safety net and provide insurance to the millions of people and businesses who lack ready access to insurance. Through its Lloyd’s Syndicate, MIC Global further cements its position as an international leader in micro-insurance and embedded insurance solutions

MIC Global stands apart in the industry as a full-service insurance company with the global capability and technology to provide fully digital data-driven frictionless insurance.

Harry Croydon, CEO and president of MIC Global, said: “MIC is a spark for innovation and change in the industry. We envision a world where insurance is accessible to everyone, which means creating new ways of providing coverage by leveraging our technology and principles of straight-through processing. We have generated great momentum by providing embedded insurance solutions to like-minded platform businesses. Our Lloyd’s Syndicate will enable us to accelerate our plans to provide micro transactional insurance globally to as many businesses, platforms, and customers as possible.”

Jamie Crystal, executive chairman of MIC Global, said: “Insurance provides a critical safety net to support people and businesses in their time of need, yet insurance is too often inaccessible, inefficient, and cost prohibitive. We set out to build a full stack digital insurance company from the ground up to provide simple and relevant insurance for platform businesses, their customers, and their service providers. The need is global, and we are excited to leverage our technology in partnership with Lloyd’s, the preeminent global insurance platform, to provide embedded insurance solutions throughout the world.”

Julian Tighe, chief executive officer of Asta, added: “We are extremely pleased to partner with such an innovative business and are looking forward to supporting MIC Global. The SIAB model facilitates cost-effective and efficient entry to Lloyd’s and offers the flexibility required to adapt to changing business needs. Syndicate 5183’s business plan, which aims to deliver micro-insurance to a broad range of platform businesses and small and medium-sized enterprises that remain underserved by today’s market, is exactly the sort of initiative that benefits greatly from access to Lloyd’s via the SIAB framework.”

Issued on behalf of MIC Global by Rein4ce

Media contacts:

Mairi Mallon
+44 7843076533
Sarah Hills
+44 7718882011

About MIC Global

MIC Global is a full stack digital insurance platform that combines insurance capacity, in-country insurance licenses, world class distribution and scalable tech. MIC Global provides insurance to the millions of people and businesses that are unserved by the current insurance models.

For more information, please visit

About Asta:

Asta Managing Agency Ltd is the leading third-party managing agent at Lloyd’s and is responsible for twelve syndicates, one SPA and two Syndicates-in-a-Box with capacity under management in 2022 of more than £1.4bn.

Asta Underwriting Management Limited (AUML) brings the skills, experience and capabilities of the leading third-party managing agency at Lloyd’s to the MGA market. AUML currently manages four MGAs.

See for full details.

Azerbaijan Entrepreneurship Dev’t Fund talks soft loans for 2022

The Azerbaijan Entrepreneurship Development Fund plans to allocate soft loans worth 140 million manat ($82.3 million) in 2022 for the implementation of 1,902 projects, the fund’s acting board chairman Osman Khaliyev said at a briefing following the results of 2021, Trend reports.

“In early 2021, the strategic plan for the activities of the Entrepreneurship Development Fund for 2021-2023 was approved. Last year, work was done in a number of areas of the strategic plan, including strengthening the institutional framework, accountability, corporate sustainability, as well as on digitalization,” Khaliyev reminded.

“It’s planned to continue the activities in accordance with the strategic plan for 2022. Work will also continue on digitalization and strengthening the institutional framework,” he added.


Source: Trend News Agency

Philips and University Hospital Brandenburg an der Havel sign 10-year partnership to advance patient care

January 28, 2022

  • Major German University Hospital secures long-term access to the latest health technology through renewal of diagnostic and image-guided therapy solutions
  • Philips to deliver new and upgraded hybrid operating room and interventional suites
  • Agreement includes training and education for hospital’s clinicians and medical technologists

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and the University Hospital Brandenburg an der Havel (Brandenburg, Germany) have signed a 10-year strategic partnership to renew and expand the hospital’s diagnostic and therapy options through the delivery of advanced technology solutions. The approximately EUR 18 million agreement includes the supply of diagnostic imaging solutions including ultrasound, MR and mobile X-ray, as well as image-guided therapy suites and patient monitoring solutions. The long-term cooperation will provide University Hospital Brandenburg an der Havel with optimum flexibility and a needs-based approach to technology selection and financing.

“We have decided to partner with Philips in order to ensure high-quality, economical medical care for the population of our region into the future,” said Gabriele Wolter, Managing Director of University Hospital Brandenburg an der Havel. “Our joint activities will go well beyond device procurement and financing. There will be a uniform operating philosophy across devices and departments for renewal of our equipment inventory. In this way, we can speed up processes, minimize operating errors, and make its use easier throughout the clinic.”

With around 500 beds, University Hospital Brandenburg an der Havel provides specialist care both locally and nationally for around 26,000 inpatients and 48,000 ambulatory patients in 15 specialized clinics. With medical excellence, innovative therapies and interdisciplinary teams, more than 2,000 employees work toward a common goal: ensuring first-class treatment quality by linking teaching, research and patient care.

Advanced diagnostic and therapy options, together with a modern standardized equipment inventory, are an important part of the hospital’s development for the future. A significant strategic element of the agreement with Philips is enhancement of the hospital’s vascular and cardiology specialist services. This includes the upgrading of two existing interventional suites for cardiac and vascular procedures and installation of a new hybrid operating room equipped with Philips’ Image-Guided Therapy System – Azurion – for minimally-invasive interventions. Minimally invasive techniques offer significant benefits for healthcare systems and patients, including reduced patient trauma (less patient risk), shorter recovery times and hospital stays (faster patient throughput), and lower health care costs.

“The aim of our cooperation is to take a holistic approach to the design and organization of healthcare along the full treatment pathways in the hospital, with our top priorities being improving outcomes, enhancing the patient and staff experience, and reducing the cost of care,” said Heiko Borwieck, Health Systems Sales Leader, Philips Germany.

Well-trained medical and nursing staff are an important part of comprehensive patient care. Philips’ ICARUS learning academy for medical and technical staff will be integrated into the hospital’s existing training and education program as part of the cooperation. Combining digital and face-to-face teaching methods, the platform will allow the hospital’s radiology team to be trained individually or in groups, independent of their location. The aim is to meet the daily challenges of the radiology workplace through the training of all employees so that the hospital can deliver a high-quality standard of care.

For further information, please contact:

Mark Groves
Philips Global Press Office
Tel: +31 631 639 916

Annette Halstrick
PR Manager Health Systems
Philips GmbH DACH
Phone: +49 152 2280 0529

About Royal Philips

Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people’s health and well-being, and enabling better outcomes across the health continuum – from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care. Philips generated 2021 sales of EUR 17.2 billion and employs approximately 78,000 employees with sales and services in more than 100 countries. News about Philips can be found at


Azerbaijan reveals inflation rate for 2021

The inflation rate amounted to 6.75 percent in Azerbaijan in 2021, Chairman of the Board of the Central Bank of Azerbaijan (CBA) Elman Rustamov said at a press conference, Trend reports.

Rustamov said that the export prices increased by more than 20 percent, moreover, the transportation costs of goods increased in Azerbaijan in 2021.

“According to the World Bank, the export of oil and non-oil products increased in Azerbaijan in 2021,” the chairman of the board said.

The CBA board decided to raise the interest rate by 0.25 percentage points from 7.25 percent to 7.5 percent on January 28.


Source: Trend News Agency