OREANDA-NEWS. On April 19, 2007 the SOGAZ Insurance Group has been declared the winning bidder in a tender to conclude liability insurance contracts with several companies of SIBUR Group, reported the press-centre of SOGAZ. Among the competitors were Russia’s largest insurers. In making its final decision, the tender committee took into account many factors, including: the insurance terms offered; availability of a network of subsidiaries, and the qualifications of the contenders.


Commenting on the results of the tender, Aleksei Smertin, head of the SOGAZ Insurance Group Marketing Department, said: “Liability insurance is provided to petrochemical companies as part of the Complex Insurance Program for SIBUR Group’s companies developed by the SOGAZ Insurance Group on the basis of insurer risks evaluation. The program includes property insurance, liability insurance, and personal insurance for employees”.


The SOGAZ Insurance Group comprises the following companies: OJSC SOGAZ, Neftepolis Insurance Company Ltd, OJSC Gazprommedstrakh, SOGAZ-life Insurance Company Ltd, the management company CJSC Leader, and the medical services company Gazprommedservice Ltd. The Group’s regional network includes 350 subdivisions. SOGAZ holds the highest reliability rating (A++) awarded by the Expert PA rating agency.