About company

Azerbaijan’s first life insurance company, Ateshgah Life was established in March 1998 and passed its registration for provision of life insurance services in compliance with the requirements of the Law On Insurance Activities in December 2008. 

The company offers the following types of life insurance services: term life insurance, universal life insurance, credit life insurance, critical illness insurance and compulsory insurance against disability from industrial accidents and occupational illnesses. The company offers insurance services to both legal entities and individuals.

Ateshgah Life was the first company in Azerbaijan to obtain a perpetual licence for compulsory insurance against disability from industrial accidents within the Law of the Republic of Azerbaijan, On Compulsory Insurance against Disability from Industrial Accidents and Occupational Illnesses.

The Ateshgah Life insurance company has more than 80 employees. The company arranges regular training courses for its employees to ensure that it provides highly professional customer service.

Customers of Ateshgah Life include BP, Statoil, Azeri M.I. Drilling, mobile operators Azercell, Bakcell, Azerfon and others.

As a member of Atashgah Insurance Group, the Atashgah Life insurance company operates from thirteen offices in Baku, as well as offices in the cities of Sumgayit, Gandja, Lenkoran, Sheki, Khachmaz, Mingechevir, Ismayilli, Salyan, Imishli and Barda.

Ateshgah Life also offers insurance services through a partner network. The reliable partners of Atashgah Life include Access Bank, Bank of Baku, YapıKredi Bank and many other financial institutions.

Tarixçə

2023

Telemarketing department was established at “Ateshgah Hayat” LLC.

2022

The social media accounts of "Ateshgah Hayat" IC were updated and designed in a modern style.

2021

"Ateshgah Life" IC was recertified according to ISO 9001:2015

A new corporate website of “Ateshgah Life” IC has been launched.

The Сlient portal has been updated and made available to customers.

2020

"Ateshgah Life" İC has implemented the application of electronic document management system within the company through WSS system.

2018

"Ateshgah Life" İC joined the“listing Advisory Program”of the Baku Stock Exchange (BSE).

2017

"Ateshgah Life" was awarded the status of “transparent tax partnership” by the Ministry of taxes of the Republic of Azerbaijan.

2016

"Ateshgah Life" İC was included in the updated list of authorized insurance companies of Azerbaijan Mortgage Fund.

2014

"Ateshgah Life" İC became a member of Compulsory Insurance Bureau.

2013

Cooperation and partnership with the State Social Protection Fund under the Ministry of Labor and Social Protection of the Population of the Republic of Azerbaijan with the participation of İC "Ateshgah Life" and two other insurance companies of Azerbaijan "Pasha Life"Gala Life".

2010

"Ateshgah Hayat" İC received the first license to provide services in accordance with the law of the Republic of Azerbaijan" on compulsory insurance against loss of professional ability as a result of industrial accidents and occupational diseases".

2009

Change of corporate style.

Obtaining an indefinite license to provide life insurance services" ateshgah life".

In accordance with the legislation of Azerbaijan, "Kavkaz "s was named" Ateshgah Life", the first Life Insurance Company in Azerbaijan

2008

Establishment of “Ateshgah Life” Company on life insurance for the first time in Azerbaijan.

Unification of” ateshgah “and” Kavkaz insurance " OJSC under the group of insurance companies.

1998

Establishment of the first company in Azerbaijan on medical insurance – “Shafag“ IC.

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Our Payments

27 111 809 AZN
2016 / Insurance payments
55 046 153 AZN
2017 / Insurance payments
14 720 300 AZN
2018 / Insurance payments
19 131 144 AZN
2019 / Insurance payments
39 980 085 AZN
2020 / Insurance payments
31 556 991 AZN
2020 / Insurance payments