Specialized insurance system

Supporting and supporting the establishment and expansion of the specialized insurance system in the industry (the subject of paragraph 4 of Article 7 of the company's articles of association) is the most important strategy of the specialized parent company for the preparation and distribution of water and electricity goods (Satkab).

Strategic plans:
* Domestic business affairs
- Database of strategic goods and equipment for continuous follow-up of their supply with emphasis on special conditions.
- Preparing and adjusting and updating Vendor lists of goods and strategic equipment required by the water and electricity industry and infrastructure.
- Managing the window of the business unit for importing raw materials for strategic goods and services, emphasizing the conditions.
- Playing an effective role in national headquarters and working groups to deal with specific conditions.
 
* Foreign trade and export development
- Continuous monitoring of the problems of exporters of goods and services in the industry and following up on solving them.
- Preparing packages to support the export of industrial equipment and services and proposing to the Ministry of Energy.
- Developing a long-term package to turn the country into a hub for the production of equipment and providing technical and engineering services to the industry.
- Dissemination of investment investment opportunities package in industry export products and support of investors in the field of export and its update.
- Interacting and cooperating with private sector organizations in the field of removing barriers to the export of goods and services in the industry and updating it.
- Establishment of a system for registering proposals received from the private sector to develop exports and follow up on their implementation.
- Active presence of private sector representatives in expert meetings on policy development and export development strategies.
- Developing a standard and issuing a production license and using equipment and services in the water, electricity, water and sewage industry.
* Development of water and electricity industry insurance system
- Integrating the insurance of facilities, equipment and manpower in the water, electricity, water and sewage industry.
- Establishment of credit rating system and quality evaluation of insurance companies that are parties to the industry contract.
- Develop and set up a specialized insurance system and create a database required by the industry to measure the situation and provide solutions to improve insurance services.
- Preparing financial and legal support packages for active and authorized companies manufacturing basic industrial equipment and proposing them to the government in the form of activities and duties of development organizations.
- Local database ‌ Localization of parts and equipment of water, electricity, water and sewage industry.

Important actions and plans of the Office of Commercial Affairs and Insurance Coverage Development
1. Launching a comprehensive information management system for water and electricity support industries
2. Design and launch of the virtual exhibition of water and electricity industry
3. Implementation and follow-up of approved programs of the Export Development Working Group
4. Concluding and implementing a memorandum of understanding with the Export Guarantee Fund
5. Design and launch of the Department of Water and Power Export Development
6. Holding a specialized-strategic meeting on opportunities and challenges of joining the Eurasian Economic Union
7. Implementation and follow-up of the financing and investment working group programs
8. Concluding and implementing a memorandum of understanding with the National Bank to take advantage of the Sukuk system
9. Develop a process and structure of foreign investment in the water and electricity industry
10. Designing an operational-corrective model of supplementary health insurance in the Ministry of Energy
11. Counting and compiling the insurance process of water and electricity facilities in Tehran's sewage pilot. Purchasing and supplying operation vehicles-events of power distribution companies
12. Concluding and implementing the memorandum of understanding for the purchase and supply of goods and equipment of water and sewage companies to Abfai Engineering Company.