Negotiations are underway with the Turkish Insurance Data Center about creation of a similar system to support digital transformation in the insurance sector in Azerbaijan, ABC.AZ wrote.

It is noted that the CBA (Central Bank of Azerbaijan) chairman Taleh Kazimov said about this during his speech at the Insurtech summit in Azerbaijan. "We hope this project will be launched in the near future", he emphasized.

The Insurance Data Center is the first Insurtech project in Türkiye, and it plays an even more important role in the development of the Turkish insurance market, customer-oriented operation, and better risk management, the CBA chairman added.