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Compulsory Insurance Bureau

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The Compulsory Insurance Bureau is an organization established for insurance companies in Azerbaijan. The Bureau mainly brings together the activities of companies that provide compulsory types of insurance. Its purpose is to enhance transparency in the field of compulsory insurance and to protect citizens' rights. It oversees the proper processing of payments in the event of insurance claims. Insurance companies must become members in order to provide compulsory insurance services. The Compulsory Insurance Bureau ensures the development of the sector and compliance with the regulations.