Another success for the Legal Department of Iran Insurance

According to the financial news report, quoted from the public relations of Iran Insurance, Maryam Kavianifar, the General Manager of Legal Affairs and Insurance Contract Affairs of Iran, referring to the suspension of the activities of the representative office of Iran Insurance Joint Stock Company and some Iranian banks and financial institutions unilaterally by The government of Bahrain and the need to collect Iran’s insurance claims from the government of Bahrain stated: With the follow-up of the General Legal Department of Iran Insurance and with the support and emphasis of Hassan Sharifi, the chairman of the board of directors and the CEO and the members of the board of directors, a bill was drafted at the suggestion of the Minister of Economic Affairs and Finance. It was presented to the government.

He clarified: With the follow-ups that were carried out in the presence of Seyed Nasser Mobarqai, a member of the board of directors, and myself as the legal director of Iran Insurance, in the legal commission of the government board, the legal and technical bases and the necessity of using the capacity to refer to international arbitration for The protection of Iran’s insurance rights was explained and led to the agreement of this commission to raise the issue in the meeting of the government board.

Kavianifar further added: by raising the issue of Iran’s insurance claims through international arbitration in the meeting of the Board of Ministers on 30th of Bahman 1401 and approving this plan in the Government Board, legal management and contract affairs through continuous measures, this case will be handled with the capacity of International expert lawyers and experts have put it on the agenda and under supervision and follow-up, in compliance with the rules and full coordination with the presidential legal center.