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Azerbaijan became full member of international system of “Green Card” insurance

Before the end of the 10-year probation period, the Bureau of Compulsory Insurance (BCI) has become a full member of the Board of the International Insurance System “Green Card”. This was announced by the Bureau.

The report says that the organization has attained this after 5 years of cooperation with the system, and its status as transitional member has been revoked. The decision was made at the 56th Assembly of the Bureau Council held in the Serbian capital of Belgrade on June 2-3. BCI Executive Director Rashad Ahmedov, speaking at the event, thanked representatives from 48 countries for supporting the decision and made a presentation on the integration carried out with the Turkish Green Card Bureau.

Following the full membership, a 5 million manats guarantee required from the BCI for provisional membership will be returned.

Source: Turan News Agency