Azerbaijan to introduce e-licensing in insurance market

The State Insurance Supervision Service will carry out licensing for insurance market participants in the e-form, head of the State Service Namig Khalilov told reporters."Work is underway in this direction," Khalilov said.

He added that work to prepare amendments to the legislation for concluding policies in the e-form is nearing completion.

"We are preparing amendments to the Law on insurance activities and the Civil Code for beginning of the use of e-services. It is possible that the discussion of amendments to the legislation will take place at the autumn session of Parliament," Khalilov said.

---