OREANDA-NEWS. September 14, 2012. Ingosstrakh Insurance Company acted as a general partner of the III annual business forum of Volga farmers "Agribusiness Growth Strategies"which was held in Nizhny Novgorod.

The forum was attended by over 100 delegates from 17 regions and republics of the Volga Federal District, as well as neighboring macro-regions. Among the guests and participants of the event there were representatives of food and processing companies, agricultural holdings, banks, suppliers of agricultural materials and equipment, farmers, as well as federal analysts and members of regional administrations.

Agricultural insurance office representatives of Ingosstrakh Insurance Company delivered reports within the forum business program by highlighting urgent market problems and offering constructive algorithms for their solution, including the use of the insurance component.

Forum participants discussed the prospects of agricultural industry in the light of Russia's WTO entry and integration into the Customs Union, they also shared their opinions on the recently-adopted 7-year state program of agricultural development, estimated harvest of this year, conditions for early crops and the possible impact of the global financial system crisis on AIC. Industry analysts gave their forecasts on the development of agricultural commodity markets up to 2020.

When opening the forum, Denis Morozov, Director of Ingosstrakh Insurance Company noted, "Holding this event has become a good tradition and every year forum participants have the opportunity to discuss the most pressing issues with experts, as well as with the authorities. AIC development is one of the most topical problems in Russia, and today the very existence of this industry is impossible without adequate insurance coverage.”

"Holding such events contributes to build constructive cooperation by taking into account the views of all concerned parties, including the issues of formation and development of agricultural insurance system in our country”, concluded Denis Morozov.