OREANDA-NEWS. September 12, 2012. The branch of Ingosstrakh Insurance Company in Kurgan insured employees of Korvet JSC. The effective period for each contract is one year. The total liability is limited to RUB 185.4 m.

Ingosstrakh Insurance Company provides insurance to 1,840 employees of the insured. Each employee is insured against the following risks: death, disability, injury because of an accident (during the working day, as well as on the way to or from work), critical illnesses.

In addition, some employees are insured under contracts of voluntary health insurance that include the following programs: Polyclinic, Specialized Dentistry, Routine and Emergency Medical Care, Polyclinic Care in the Territory of Russia, Emergency Hospital Care in the Territory of Russia.

The branch of Ingosstrakh Insurance Company in Kurgan has been cooperating with Korvet JSC since 2001.

Korvet Joint-Stock Company was established in 1964. The Company was the leading domestic producer of valves for the military-industrial complex. Since 1991, the Company has been manufacturing equipment for oil and gas wells, as well as pipeline fittings. High quality products and acceptable prices allow the Company to successfully compete with domestic and foreign manufacturers. All products are certified for compliance with Russian GOST. The wellhead equipment meets the API Spec 6A standard that was developed by the American Petroleum Institute. In 1997, the Company received a license allowing to apply the API monogram to their products. In 1996, the Company implemented a quality management system that meets the requirements of the international standard ISO 9001:2000. The Company is the prize winner of the 100 Best Goods of Russia. The annual volume of sales of the Company is more than USD 73 m.