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EPAM Advises on Transfer of Motor Insurance Portfolio

EPAM Advises on Transfer of Motor Insurance Portfolio

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Egorov, Puginsky, Afanasiev and Partners has successfully assisted on the transfer of JSC Uralsib's motor insurance portfolio to JSC Reliance. 

According to EPAM, Uralsib has decided to voluntarily renounce its offer of automobile and other types of ground transportation insurance (other than railway) and transfer its portfolio to JSC Reliance "in accordance with the legislation on insurance as well as the rules of the Russian Union of Insurers and LLC "Insurance Payment System."

The firm's team was led by Partners Dmitry Stepanov and Valery Eremenko and included Senior Associate Ilya Bareysha and Associate Maksim Baryshev.