OREANDA-NEWS. October 17, 2011. In October, 2011, REG.RU, the leader of the Russian market domain names and hosting, prolonged the professional liability insurance agreement with Ingosstrakh Insurance Company. In order to ensure maximum level of safety for the administrators of more than a million domain names being under REG.RU service, the company drew up an insurance policy for an overall amount of one million dollars. During the three years of insurance services REG.RU has not registered a single appeal for an insured accident from the company's customers.

The company's insured activity is registration of level 2 domain names in the national domains .RU, .SU, .РФ as well as in the most popular international domains such as .COM, .NET, .ORG, .BIZ, .INFO, .NAME, .MOBI, .ASIA, .TV, .ME, .EU, .US. Cyrillic domain .РФ was included in the insurance program since 2010 in response to its growing demand among the Russian-speaking Internet audience and strong growth in the number of Internet sites in this zone.

REG.RU treats the issue of protecting domain names of the customers very seriously and aims at provision of the most stable operation of the resources under its service. Therefore every year since 2008 the company has been prolonging the insurance policy which allows the customers to reimburse the financial losses associated with failures in the domain names registration and maintenance. The domain name registrar’s professional liability has been insured under "Professional liability insurance agreement" for 1 million U.S. dollars in total for the following risks: error in determining the timing of domains release (deletion from database), error in taking instructions from the domain owners for their alienation, automated machine’s failure in carrying out the technical functions that results in breach of the term of delegation and (or) release of the domain, error in the timing of withdrawal of the domains delegation.

"There was a good reason for us to have trusted our professional liability into Ingosstrakh Insurance Company: we’ve chosen the company, which guarantees reliability and professionalism in the field of insurance. Over these three years we’ve been engaged in the insurance program there was no single appeal as for the insured accidents. It became possible, as REG.RU sets high standards in customer service alongside maximum reliability, stability and security of all transactions with domain names," comments Aleksey Korolyuk, CEO of REG.RU.