Compulsory Insurance Bureau
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The Compulsory Insurance Bureau is a specialized organization operating in Azerbaijan. This Bureau brings together insurance companies engaged in compulsory insurance types. Its main purpose is to monitor the implementation of compulsory insurance and protect the rights of clients. The Compulsory Insurance Bureau ensures the proper allocation of funds during insurance claims. Only insurance companies that have obtained a license from the state can become members here. The Bureau oversees automobile, property, and other types of compulsory insurance in the country.