Ingo Armenia, Cascade Insurance Merge

INGO ARMENIA, CASCADE INSURANCE MERGE

PanARMENIAN.Net
February 24, 2012 – 14:37 AMT

PanARMENIAN.Net – Ingo Armenia and Cascade Insurance have announced
the launch of merging process.

“With our deal, insurance market acquires a large company with vast
professional potential providing insurance services on a global level,”
Ingo Armenia CEO said.

Refraining from announcing ‘price’ of the deal, Levon Altunyan noted
that it is expected to be finalized by the end of 2012 first quarter.

He further said that as a result of the merger a solid financial base
will be established, as well as a broad agency network of professionals
will be formed providing quality service.

From: A. Papazian

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