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Insurer to pay $4 mln indemnity to cash collectors

11:41 01/02/2012

MOSCOW, February 1 - RAPSI. A commercial court sided with a cash collection service on Wednesday in its lawsuit to recover $4.179 million in indemnity from Rosgosstrakh insurer in a armed robbery case, the Russian Legal Information Agency (RAPSI/rapsinews.com) reports from the courtroom.

The Inkakhran cash collection service sought the money due for an insured event: cash collectors holdup in Moscow on June 27, 2010. The attackers killed three collectors and took away over 130 million rubles ($4.3 million). Later investigators established six suspects.

Inkakhran paid its clients the money stolen from cash collectors and turned to Rosgosstrakh for indemnity. The service went to court after the insurer refused to pay.

The Moscow Commercial Court ordered the insurer on Tuesday to pay $4.179 million in rubles.

Rosgosstrakh runs 83 branches all over Russia.

Inkakhran provides a full range of cash delivery services. Currently it serves over 50 lenders. It has about 800 armored cars.

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Insurer to pay $4 mln indemnity to cash collectors

11:41 01/02/2012 A commercial court sided with a cash collection service on Wednesday in its lawsuit to recover $4.179 million in indemnity from Rosgosstrakh insurer in a armed robbery case.
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