OREANDA-NEWS. November 2, 2007. the SOGAZ Insurance Group held a workshop titled “Insurance in the Nuclear Industry: Settlement of Property Insurance Claims”. The event involved top managers and specialists of Russian nuclear industry enterprises, in particular the federal state unitary enterprise Rosenergoatom Concern, OJSC TVEL, OJSC Techsnabexport, nuclear industry design institutes, and many others. The workshop was conducted with a view to improving and optimising operations related to insurance and claims settlement at nuclear industry enterprises.

Specialists of the SOGAZ Insurance Group conducted an educating presentation that served to demonstrate the algorithm to follow when an event occurs which has insurance event features. Detailed instructions were given as to the correct formation of a documents package for claims settlement in the nuclear industry, the methods to calculate the damage, and the regulations governing interaction on insurance payments between the insurer, the policyholder and the broker when an insurance event occurs. The presentation also touched upon the possibilities for optimising the insurance cover of enterprises and issues related to covering risks with account for the operating specifics of nuclear industry enterprises, including insurance of companies’ property interests against risks such as “radioactive contamination” and “terrorism.”

In his welcome address to the workshop participants, Aleksei Leonenko, Deputy Chairman of the SOGAZ Insurance Group Management Board, noted the Groups’ special role in the insurance of companies in the industry. “SOGAZ is one of Russia’s leading insurers, and it guarantees a high degree of reliability of insurance cover for nuclear industry enterprises, as well as its comprehensiveness and consistency,” emphasised Mr Leonenko.

Dmitry Malyshev, Acting Director for Corporate Clients Insurance at the SOGAZ Insurance Group, delivered a report titled “Insurance of Nuclear Industry Enterprises: Problems and Solutions”. The report particularly emphasised that the “main tasks of the SOGAZ Insurance Group during the implementation of the Federal Targeted Programme for Nuclear Industry Development are to ensure the realisation of the state policy on the use of nuclear energy by means of providing optimum insurance cover for the interests of the state, the citizens of Russia and other states, the environment, and the property interests of nuclear industry companies”.