12:53 - 28.06.2019

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June 28, Fineko/abc.az. From now on, Form 4 issued in case of an accident by the State Traffic Police will be provided in e-form.

Financial Market Supervision Authority’s acting chairman Ibrahim Alyshov has stated at international insurance forum "Insurance Market in Azerbaijan: Trends & Opportunities".

He noted that this will ensure transparency and simultaneously will lead to timely issuance of payments.

"The use of Form 4 in e-form will create revolutionary changes in the field of car insurance and minimize the functionary-citizen relations. That will also ensure the efficiency of the insurance indemnity at the time of the accident,"  Alyshov emphasized.