OREANDA-NEWS. On April 04, 2007 SOGAZ Insurance Group has concluded a liability insurance contract for officials and management bodies at OJSC Obyedinyonnye Mashinostroitelnye Zavody. In accordance with the terms of the contract, SOGAZ will protect the material interests of the Policyholder Company and its officials in connection with the Company’s duty to compensate third persons in the event of unintentional errors in the course of its management, reported the press-centre of SOGAZ-Life Ltd.

“SOGAZ is taking decisive steps to increase its activities in providing liability insurance for officials. We have accumulated a wealth of experience in providing corporate insurance and will continue to protect the material interests of our client companies including with the help of liability insurance for company officials” - Vadim Yanov, CEO, SOGAZ Insurance Group.