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Compulsory Insurance Bureau

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The Compulsory Insurance Bureau is an association of insurance companies operating in Azerbaijan. This organization organizes and supervises the management of compulsory types of insurance. It is responsible for areas such as compulsory motor vehicle, real estate, and passenger insurance. It acts as an intermediary between insurance companies and citizens. Its main purpose is to ensure that payments for compulsory types of insurance are made on time and correctly. The Bureau operates under the relevant supervision of state authorities.