OREANDA-NEWS. May 16, 2011. Ingosstrakh OJSIC has insured the property of the companies of GAZ Group for the total sum of 274 bln. rubles.

Ingosstrakh OJSIC has concluded property insurance agreements with 22 companies of the group that produce trucks, buses, special vehicles, power devices, including several with GAZ OJSC and GAZ Car Production Plant LLC.

The insurance coverage includes protection of the property complex of enterprises against all risks: buildings, equipment, stock, and also insurance of cars against breakdown and losses from business interruption.

The parameters of insurance program for each company were elaborated considering a complex evaluation of risks, carried out with participation of the engineering center of the insured.

GAZ Group is Russia’s largest manufacturer of commercial vehicles and construction and road-building machinery – has been cooperating with Ingosstrakh OJSIC since 1996. Besides property insurance, GAZ OJSC chooses Ingosstrakh OJSIC to be its insurer in such spheres as medical insurance, auto insurance, cargo insurance.