The medical insurance company Gazprommedstrakh, part of the SOGAZInsurance Group, has signed a contract for compulsory medical insurance (CMI) of the employees of Lightning Technologies plant. The number of the company’s employees insured by Gazprommedstrakh totals 734.

Gazprommedstrakh has been operating in the Ryazan Region since July 2004. As of now, the company has insured 6,300 regional enterprises and organisations; approximately 220 thousand people have been insured under the compulsory medical insurance program

Founded on 1st April 1998, themedicalinsurancecompany OJSC Gazprommedstrakh specialises in the implementation of the compulsory medical insurance program. A major medical insurance company in Russia, Gazprommedstrakh has insured over 8.5 million people. One of the many advantages is a developed regional network, with over 270 subdivisions located in 44 constituent entities of the Russian Federation. In the first nine months of 2006, thecompany’sCMIrevenueamounted to 10,562 millionrubles; according to this figure, Gazprommedstrakh is rated third in the ranking for Russia’s medical insurance companies. The company’s statutory capital is 102.5 million rubles.

The SOGAZ Insurance Group comprises the following companies: OJSC SOGAZ, Neftepolis Insurance Company Ltd, OJSC Gazprommedstrakh, SOGAZ-LifeInsurance Company Ltd, the management company CJSC Leader, and the medical services company Gazprommedservice Ltd. The Group’s regional network includes 350 subdivisions. SOGAZ has the highest reliability rating (A++) as awarded by the Expert PA rating agency.

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