ADVERTISE YOUR BUSINESS AT THE TBILISI TIMES

Partner-Generated Insurance Premium up 35 percent

Partner, an insurance company, generated insurance premium worth 5.55m GEL in 2009, up 35 percent compared to 2008 (4.1m GEL).

Partner paid claims worth 2.155m GEL in 2009, up 5.7 times compared to 2008 (373 259 GEL).

Health and automobile insurance packages are leaders in the insurance portfolio of Partner with 2.5m GEL and 1m GEL respectively.

Partner launched operation on the insurance market of Georgia in October 2007. Management Consulting, a finance group, has founded the company. Management Consulting has also founded SOCAR Energy Georgia and other companies.

Fourteen insurance companies operate in Georgia at this stage.