A socially oriented non-financial development institution and a major organizer of international conventions, congress, exhibitions, business, social and sporting, public, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and business, public, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, and helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5000 people working in Russia and abroad. In addition, it works in close cooperation with 160 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 75 countries worldwide.

The Roscongress Foundation has Telegram channels in Russian (t.me/Roscongress), English (t.me/RoscongressDirect), and Spanish (t.me/RoscongressEsp). Official website and Information and Analytical System of the Roscongress Foundation: roscongress.org.

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Central Bank to Rate Quality of Russian Insurers’ Services

Moscow. 6 June 2018. INTERFAX.RU. The Bank of Russia intends to rank insurance companies based on the quality of their services, said Sergey Shvetsov, First Deputy Governor of the Central Bank of Russia, at the 16th International Conference on Insurance.

“Today we are discussing digitalization, including the insurance industry, which means that every insurance company comes closer to the consumer, where the latter pays careful attention to the quality of the former’s services. The Bank of Russia intends to rank the quality of insurance companies’ services and make this information available for consumers. Price is not always the leading factor in choosing the insurance company,” he noted.

Mr. Shvetsov added that the growth of demand for OSAGO (third party liability insurance) e-policies surpassed the regulator’s expectations.

“Therefore, OSAGO should be one of the first products available on the Marketplace as a standard product with a regular wide choice of companies offering it, and with a large sales volume: about 40 million policies, based on the number of vehicles sold in Russia annually,” said the First Deputy Governor of the Central Bank.

Source: http://www.interfax.ru/russia/615842

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