Insurance agreement with the current insurance company over, FARMAT announced tender, which was won by AlfaStrakhovanie Group.

Under the new insurance agreement, AlfaStrakhovanie Group will, among other things, insure FARMAT and its tenants against damage caused by inadequate storage conditions or unintended mistakes in handling and distribution of goods, as well as against allied perils, such as fires, floods or third party malicious acts.

The limit of liability is $5,000,000.

Commenting on the event, FARMAT’s General Director Igor Bahmetev pointed out, “Insurance covering professional liability will not only allow us to fully compensate our partners for incidental losses, but also make business planning more efficient.”