OREANDA-NEWS. SOGAZ Insurance Group was awarded the D&O liability insurance contract by Russian Railways OJSC.

'The insurance contract covers errors of directors, officers of Russian Railways and 70 companies included into the railway monopoly structure. The total sum insured under the contract is 3 billion rubles', commented Dmitry Malyshev, VP and Corporate Insurance Director of SOGAZ. The insurance contract will be valid for one year.

Russian Railways OJSC is a Russian state vertically integrated company. It ranks among the three world leading railway companies.

SOGAZ Insurance Group members include SOGAZ INSURANCE, TRANSNEFT Insurance Company, ZHASO JSC, SOGAZ-MED Insurance Company JSC, SOGAZ-LIFE Insurance Company LLC, SOT-TRANS LLC, SOVAG (Germany), SOGAZ a.d.o. Novi Sad (Serbia), SOGAZ International Healthcare Center, SOGAZ-Medservice LLC. Currently, the regional network of the Group includes over 800 subdivisions and sale offices all over Russia.