INGO ARMENIA Insurance CJSC : Company Profile and SWOT Analysis by WMIntelligence

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									INGO ARMENIA Insurance CJSC

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INGO ARMENIA Insurance CJSC                                                     Key Employees
                                                                                Name                     Job Title
Fast Facts
                                      51, 53 Hanrapetutyan Street, Yerevan, ,   Aleksandr Ilyaschenko    Director
Headquarters Address
                                      Armenia
                                                                                Alvina Balbabyan         None - Chief Accountant
Telephone                             + 374 10 592121

                                                                                Armen Petrosyan          Director
Fax                                   N/A

                                                                                Garnik Tonoyan           Director
Website                               www.ingoarmenia.am

                                                                                Harutyun Mangoyan        Director
Ticker Symbol, Stock Exchange         N/A

                                                                                Igor Malakhov            Director
Number of Employees                   N/A
                                                                                                         None - Deputy Chief
                                                                                Irina Arutyunova
Fiscal Year End                       December                                                           Executive Officer
                                                                                Levon Altunyan           Chief Executive Officer
Revenue (in US$ million)              26.00
                                                                                                         None - Deputy Chief
                                                                                Samvel Margaryan
                                                                                                         Executive Officer
                                                                                Sergey Zotov             Director


SWOT Analysis
                                                                                Company Overview
Strengths                             Weaknesses
                                                                                INGO ARMENIA Insurance CJSC (INGO
Broad product portfolio               Declining cash position                   ARMENIA) is a provider of insurance solutions
                                                                                based in Armenia. The company provides a
Strong top-line performance                                                     range of non-life insurance solutions catering to
                                                                                requirements of both individual and corporate
Opportunities                         Threats                                   clients. Its portfolio of products includes health
                                                                                insurance, personal accident insurance, travel
                                                                                insurance,     property insurance,        premises
Increasing number of road accidents   Changing regulations
                                                                                insurance, auto insurance and equipment
                                                                                insurance. The company also offers Casco
Strategic initiatives                 Fluctuations in interest rates            insurance,     third-party    liability insurance,
                                                                                compulsory motor third-party liability insurance,
                                                                                and drivers’ and passengers’ personal accident
                                                                                insurance. Furthermore, it offers general liability
                                                                                insurance, professional indemnity insurance,
                                                                                employer’s liability insurance, cargo insurance
                                                                                and banking risk insurance. The company
                                                                                operates through its branch offices and agents
                                                                                in Armenia. INGO ARMENIA is headquartered in
                                                                                Yerevan, Armenia.

                                                                                Key Competitors
                                                                                Garant Insurance

                                                                                Nairi Insurance LLC

                                                                                Rasco insurance

                                                                                Rosgosstrakh Armenia Insurance CJSC

                                                                                SIL Insurance




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INGO ARMENIA Insurance CJSC - SWOT Profile                                                                            Page 1
INGO ARMENIA Insurance CJSC

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TABLE OF CONTENTS

1     Business Analysis .............................................................................................................................. 4
    1.1      Company Overview ......................................................................................................................................... 4
    1.2      Business Description ....................................................................................................................................... 5
    1.3      Major Products and Services ........................................................................................................................... 6
2     SWOT Analysis ................................................................................................................................... 7
    2.1      SWOT Analysis - Overview ..............................................
								
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