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There are many players in the market and the competition isintensifying, but for this company, it is focused on the quality of itsproducts and services rather than the market share. Mongolian Insurance JSCoffers the largest number of 76 types of insurance products. In doing so, itoperates through the largest insurance service network in the country, whichconsists of 33 branches and more than 600 representatives. That's why directorO. Erdenebulgan said that he intends to work more responsibly in making thesociety aware of the importance of insurance. One of the main features ofMongolian Insurance Co., Ltd. is that it focuses on segments that othercompanies cannot reach.

For example, it has been providing indexed livestockb2c email list insurance through its local network. It has also created many commercialinsurance products with the designation "primary". For example,insurance for the mining industry, international health insurance, and expressinsurance have been introduced in the country, and for the first time, a24-hour emergency insurance service for citizens has been established. O.Erdenebulgan emphasized the need for investments in knowledge, innovation,technology, etc. for the development of the entire insurance market.

  

Mongolian Insurance JSC currently affects one fifth of thetotal market, has about 255 thousand policyholders, and the amount of annualcompensation ( about 9 billion MNT )is a leading company with the largestreserve fund in Mongolia (more than 21 billion MNT). "However, we pay moreattention to quality than quantity, and most importantly, we are putting mostof our effort into strengthening the culture of optimal risk management forcustomers and making them aware of the importance of maintaining the standardnorms of the industry," said O.