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Nairi Insurance company insures health of all employees of Zangezur
Copper and Molybdenum Combine and their families
arminfo
Sunday, July 29, 10:46
Nairi Insurance company has insured the health of all employees of
the Zangezur Copper and Molybdenum Combine (ZCMC) and their families
(more than 10,000 people). The relevant agreement was signed in
Yerevan today by David Baghdasaryan, the newly-appointed director of
the insurance company, and Sos Ghahramyan, the deputy director of the
combine. The agreement on voluntary health insurance implies insurance
coverage worth 5 mln AMD for each insuree. The heads of the companies
preferred not to publish the amount of the insurance premium.
The head of the insurance company said that the large Armenian
companies start displaying corporate social responsibility. He
welcomed the ZCMC leadership's decision and pointed out that this
decision forms an image of a responsible employer. Baghdasaryan
stressed that the company realizes the risk it has assumed and is
ready to implement its obligations to the ZCMC employees. He said that
Nairi Insurance has a great experience of work in the market and it
also has a well-trained team.
For his part, Sos Ghahramyan, said that the ZCMC provided financial
support to its employees. He added that the combine will bear all the
insurance costs, thereby, solving the health problem of the employees
and the members of their families. Ghahramanyan said that the average
salary of the ZCMC employees is currently 300,000 AMD. To note, the
voluntary health insurance agreement implies compensation, even for
cardiovascular surgery.
According to the Ranking of Insurance Companies of Armenia by the
Agency of Rating Marketing Information, over the first half of 2012
Nairi Insurance collected voluntary health insurance premiums worth
149.3 mln AMD. The company started activities in this segment in late
2011 by launching a program of individual health insurance. The
company's network of agents currently has 234 individuals and 70 legal
entities. The company also has a license to provide 15 classes of
non-life insurance.
To recall, the Zangezur Copper and Molybdenum Combine is the largest
ore mining enterprise in Armenia and develops the Kajaran deposit,
which has the richest copper content in the CIS. The ZCMC was
privatized on 14 Dec 2004 for $132 mln. Afterwards, 60% of its shares
were transferred to the assets of Cronimet Ã?Â?ining (Germany), the other
15% - to the Pure Iron OJSC (Yerevan), and 12.5% - to Armenian
Molybdenum Production (AMP), and 12.5% - to Zangezur Mining LLC.
Copper and Molybdenum Combine and their families
arminfo
Sunday, July 29, 10:46
Nairi Insurance company has insured the health of all employees of
the Zangezur Copper and Molybdenum Combine (ZCMC) and their families
(more than 10,000 people). The relevant agreement was signed in
Yerevan today by David Baghdasaryan, the newly-appointed director of
the insurance company, and Sos Ghahramyan, the deputy director of the
combine. The agreement on voluntary health insurance implies insurance
coverage worth 5 mln AMD for each insuree. The heads of the companies
preferred not to publish the amount of the insurance premium.
The head of the insurance company said that the large Armenian
companies start displaying corporate social responsibility. He
welcomed the ZCMC leadership's decision and pointed out that this
decision forms an image of a responsible employer. Baghdasaryan
stressed that the company realizes the risk it has assumed and is
ready to implement its obligations to the ZCMC employees. He said that
Nairi Insurance has a great experience of work in the market and it
also has a well-trained team.
For his part, Sos Ghahramyan, said that the ZCMC provided financial
support to its employees. He added that the combine will bear all the
insurance costs, thereby, solving the health problem of the employees
and the members of their families. Ghahramanyan said that the average
salary of the ZCMC employees is currently 300,000 AMD. To note, the
voluntary health insurance agreement implies compensation, even for
cardiovascular surgery.
According to the Ranking of Insurance Companies of Armenia by the
Agency of Rating Marketing Information, over the first half of 2012
Nairi Insurance collected voluntary health insurance premiums worth
149.3 mln AMD. The company started activities in this segment in late
2011 by launching a program of individual health insurance. The
company's network of agents currently has 234 individuals and 70 legal
entities. The company also has a license to provide 15 classes of
non-life insurance.
To recall, the Zangezur Copper and Molybdenum Combine is the largest
ore mining enterprise in Armenia and develops the Kajaran deposit,
which has the richest copper content in the CIS. The ZCMC was
privatized on 14 Dec 2004 for $132 mln. Afterwards, 60% of its shares
were transferred to the assets of Cronimet Ã?Â?ining (Germany), the other
15% - to the Pure Iron OJSC (Yerevan), and 12.5% - to Armenian
Molybdenum Production (AMP), and 12.5% - to Zangezur Mining LLC.