CIB in one of the first brokers established in Azerbaijan with the long history of servicing insurance and reinsurance requirements of Azerbaijan economy as well as providing global and international companies and clients’ needs in the region.
CIB’s experience, improved skills and excellent knowledge of local market regulations and legislation is constantly updated by maintaining a good relationship with the authorities within the market and aims to provide continuity of service to our local and global clients.
Since the establishment CIB has assisted with the local insurance companies by delivering and developing products for the local market and by providing reinsurance programs and treaties to insurance companies operating in Azerbaijan by way of introducing the global reinsurers to Azerbaijan.
CIB was the first reinsurance broker to be instrumental in introducing and registering many leading Lloyd’s Syndicates and Companies with the Insurance Supervision Committee of Azerbaijan.
With the help of our partners we are able to assist you to place all classes of insurance including but not limited to:
We are also able to provide our clients with a Risk Management service and handle claims for our clients.
We front insurance coverage on behalf of corporate brokers of multinational companies if local documentation is required to be issued.
Placing several classes of insurance (e.g. Medical Insurance, Personal Accident and Motor) with local companies, we provide our clients with an overview of the local insurance market enabling the, to understand the strengths and weakness of each option they may select.
During 15 years we have very good relations and current mutual activity in direct insurance and reinsurance with major players at the market. For many of insurance companies we have been participating also as reinsurance brokers to place their facultative business and reinsurance facilities.
years of experience
more than50happy clients