Document from CIS Legislation database © 2003-2018 SojuzPravoInform LLC


of October 9, 2017 No. PP-3317

About measures for enhancement of activities of Insurance Company Kafolat Joint-stock company

For the purpose of further enhancement of insurance activity in the republic, increases in range of insurance services for the population and subjects of entrepreneurship on the basis of international standards, implementation of modern information and communication technologies, creation of effective system of insurance of valuable interests of physical persons and legal entities, and also implementation of modern corporate management methods:

1. Determine the main objectives and activities of Insurance Company Kafolat Joint-stock company:

the first, provision of insurance protection to subjects of entrepreneurship by insurance of subjects to pledge and leasing upon damage, fire and natural disasters, and also proprietary insurance, the equipment and goods in transit and all-risks insurances of business activity;

the second, ensuring all-inclusive insurance from all risks of industrial enterprises and construction objects in economy industries;

third, provision of insurance protection to legal entities and physical persons within state programs of social and economic development of regions, expansion of scope of the population in all regions of the republic for provision of wide range of insurance services together with funds "Makhalla", "Nurony" and the Union of youth of Uzbekistan;

the fourth, ensuring insurance protection on personal insurance of the population, including on insurance upon infectious diseases;

the fifth, implementation of insurance of housing according to programs for youth housing;

the sixth, expansion of insurance activity by creation of new innovative insurance products;

the seventh, creation of virtual offices and new sales channels of services of insurance with use of modern information technologies, development of rendering of services of insurance through worldwide network the Internet using online store, with opportunity payment online;

the eighth, implementation of mechanisms of the automated exchange of information about real estate units together with the State committee of the Republic of Uzbekistan on land resources, geodesy, cartography and the state inventory for provision of insurance services to the population;

the ninth, cooperation with the international organizations in the sphere of insurance and reinsurance.

2. Agree with offers of the Ministry of Finance of the Republic of Uzbekistan and Insurance Company Kafolat Joint-stock company on creation in system of Insurance Company Kafolat Joint-stock company:

the specialized organization for life insurance in the form of limited liability company, with opening of divisions in regions of the republic;

the assistansky organization, the providing service in medical insurance, technical and legal assistans.

3. Approve:

The program for further development of Insurance Company Kafolat Joint-stock company for 2017-2018 according to appendix No. 1;

organizational structure and structure of executive office of Insurance Company Kafolat Joint-stock company with extreme number of managerial personnel in number of 36 units according to appendices No. 2 and 3.

Determine that executive body of Insurance Company Kafolat Joint-stock company is the board headed by the chairman elected by general meeting of shareholders of society and confirmed to the post by the Cabinet of Ministers of the Republic of Uzbekistan.

4. Assign to the chairman of the board of Insurance Company Kafolat Joint-stock company the personal responsibility for providing high-quality and in full realization of the tasks and activities assigned to Insurance Company Kafolat Joint-stock company and accomplishment at the scheduled time of the actions specified in the Program approved by this resolution.

5. To Insurance Company Kafolat joint-stock company together with:

Chamber of Commerce and Industry of the Republic of Uzbekistan to organize on permanent basis in the Centers of assistance to entrepreneurship under Chamber of Commerce and Industry of the Republic of Uzbekistan Items of sale of insurance policies to subjects of entrepreneurship;

The Ministry of Emergency Situations of the Republic of Uzbekistan to perform insurance of structures, housing, personal property of citizens, the subjects to production and social appointment which are in seismically danger, flood and mudflow areas and also carrying out explanatory work among the population and the organizations about insurance benefits.

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