Compulsory Insurance Bureau
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The Compulsory Insurance Bureau is an association of insurance companies in Azerbaijan and was established in 2011. Its main function is to regulate activities related to compulsory types of insurance. The Bureau supervises the timely and correct payment of insurance claims. Member insurance companies are obliged to join this organization. The Compulsory Insurance Bureau protects the interests of both drivers and citizens. This institution enhances the transparency and stability of the insurance market.