Document from CIS Legislation database © 2003-2021 SojuzPravoInform LLC

RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of October 9, 2017 No. PP-3317

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

(as amended on 18-03-2020)

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;

the tenth, provision of insurance services to subjects of small business and entrepreneurship according to insurance contracts (insurance of entrepreneurial risk on the credits and leasing transactions) risk of non-return on all types of loan.

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.

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.

6. To national broadcasting company of Uzbekistan and National news agency of Uzbekistan to provide extended coverage among the population of the purposes, tasks, and also value of insurance with involvement of printing and electronic mass media, including worldwide network the Internet.

7. Recognize invalid:

the resolution of the Cabinet of Ministers of March 14, 1997 No. 144 "About creation of Kafolat State joint-stock insurance company;

Item IX of appendix No. 3 to the resolution of the Cabinet of Ministers of November 27, 2002 No. 413 "About measures for further market development of insurance services" (the joint venture of the Republic of Uzbekistan, 2002, No. 11, the Art. 72).

8. To Insurance Company Kafolat joint-stock company together with the Ministry of Justice of the Republic of Uzbekistan and other interested ministries and departments to make in the Cabinet of Ministers of the Republic of Uzbekistan offers on the changes and amendments in the legislation following from this resolution in a month.

9. To impose control of execution of this resolution on the deputy prime minister of the Republic of Uzbekistan D. A. Kuchkarov and the Minister of Finance of the Republic of Uzbekistan B. A. Hodzhayev.

President of the Republic of Uzbekistan
Shavkat Mirziyoev

Appendix No. 1

to the Resolution of the President of the Republic of Uzbekistan of October 9, 2017 No. PP-3317

The program for further development of Insurance Company Kafolat Joint-stock company for 2017-2018

Name of action

Realization form

Completion dates

I. Enhancement of insurance activity

1.

Creation of the new innovative insurance products and special programs meeting the modern requirements and international standards, but implementation of insurance transactions for the purpose of ensuring all-inclusive insurance from all risks of industrial enterprises and construction objects in all industries of economy.

Special insurance products

2017-2018.

2.

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

Creation of the assistansky organization

The II quarter 2018.

Warning!!!

This is not a full text of document! Document shown in Demo mode!

If you have active License, please Login, or get License for Full Access.

With Full access you can get: full text of document, original text of document in Russian, attachments (if exist) and see History and Statistics of your work.

Get License for Full Access Now

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info

Effectively work with search system

Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system

Get help

If you cannot find the required document, or you do not know where to begin, go to Help section.

In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.

You also may open the section Frequently asked questions. This section provides answers to questions set by users.

Search engine created by SojuzPravoInform LLC. UI/UX design by Intelliants.