Personnel changes in the top management of Freedom Finance Insurance

Since February 09, 2022, Azamat Kerimbayev has been appointed to the position of Acting Chairman of the Board of Freedom Finance Insurance. Mr. Kerimbayev has more than 15 years of experience in the insurance industry.
February 09, 2022, Almaty, Kazakhstan



Since February 09, 2022, Azamat Kerimbayev has been appointed to the position of Acting Chairman of the Board of Freedom Finance Insurance. Mr. Kerimbayev has more than 15 years of experience in the insurance industry.



Timur Turlov, Chairman of the Board of Directors of Freedom Finance Insurance:

"In the course of its activities, Azamat Kerimbayev will continue the integration with JSC "Bank Freedom Finance Kazakhstan", scaling up the experience of automating the processes of obtaining online insurance for other products, including the active development of digital corporate insurance. I am sure that the significant experience of working in various senior positions in insurance companies, as well as during the successful implementation of a number of projects in the field of InsurTech and FinTech will help Azamat in building a competitive, modern insurance company."



Background information about Azamat Kerimbayev:

· Is a licensed actuary, has a PhD degree in project management.

· Held senior positions in JSC "Oil Insurance Company", JSC "Centras Insurance", JSC "Insurance Company "Salem", JSC "Insurance Company "Nomad Insurance".

· Director and founder of LLP "Insurer.kz " and "Data Lab" LLP. Project Insurer.kz – this is a selling call center, whose share in 2021 amounted to 10% of the retail portfolio of Freedom Finance Insurance.

· Since 2018, it has been providing consulting services in the field of InsurTech and FinTech, including R&D for banks, insurance companies and microfinance organizations.



Daulet Akizhanov, Chairman of the Board of Freedom Finance Insurance, and Marat Kurmangaliev, First Deputy Chairman of the Board, were relieved of their positions on their own initiative.




Reference:

Freedom Finance Insurance is the leader of online car insurance in Kazakhstan. The company offers its customers a simple registration of electronic policies on the website ffins.kz , the first insurance terminals in Kazakhstan installed in special centers throughout Kazakhstan. At the same time, the company launched a whole range of other useful services for car owners: renewal of the policy in the personal account on the company's website, installment payment for insurance up to 6 months, a number of technical car services. In 2022, the company launches auto insurance in a unique and technological format, in the form of an online subscription.  

The company has a rating from S&P Global Ratings at the "B" level and a rating on the national kzBB+ scale, the forecast is "Stable".