Bank of Russia to increase authorised capital of automated insurance system operator
21 July 2023
Press release
The Bank of Russia decided to increase the authorised capital of Joint-stock Company National Insurance Information System (JSC NIIS), the operator of the automated information system (AIS) of insurance.
Thus, the Bank of Russia will provide funding for the development of the IT system of JSC NIIS that stores all information on home emergency insurance and motor insurance contracts.
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