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90.5m rubles paid

7 September 2012, 03:59

The SOGAZ Insurance group has made compensation payments to the relatives and other heirs and beneficiaries of the Lokomotiv players who lost their lives in the 7th of September 2011 Yaroslavl air disaster.

Of its obligations to the heirs and beneficiaries of the 26 players, SOGAZ has completed compensation payment in 24 cases, has made partial payment in one further case, and is still processing the relevant documents in the case of the 26th player, who was a citizen of a foreign nation. To date, as part of the accident and injury agreement covering players of the Kontinental Hockey League, a total of 90.5m rubles has been paid out by SOGAZ. The compensation payment process has been conducted in close cooperation with the KHL players’ union.

“We have been partners and insurers of the KHL since its foundation, and our work with the bereaved family and friends of the Lokomotiv players is a matter of personal and professional duty for us. Thanks to the active cooperation with the KHL players’ union we have been able to keep in close contact with the bereaved families and prepare all the necessary documents,” said Sergei Ivanov, Chairman of OJSC SOGAZ Board of Directors. “This has helped us make the required payments in the shortest possible time permitted by the necessary procedures and regulations.”

“The loss of an entire team was a terrible blow, both for hockey and for the whole world of sport. The loss of each member of the team was also a personal tragedy for their parents, wives, children and friends. Those bereaved will never outlive the terrible pain brought upon them by this tragedy,” said Kontinental Hockey League President Alexander Medvedev. “The most important task is to do all we possibly can to offer material assistance to the families of those who died. Throughout this episode the SOGAZ Insurance Group, which has been our partner and insurer for many seasons, has shown the utmost professionalism and sympathy. The compensation payments have been processed with maximum efficiency and each family of every deceased member of the Lokomotiv has been dealt with on an individual basis. On behalf of the Kontinental Hockey League I would like to express my deep admiration to SOGAZ for its sensitive and professional approach.”

“When the KHL players’ union turned for assistance to SOGAZ after the Lokomotiv tragedy, the company did not hesitate to accept liability and agreed to make the compensation payments to the relatives of the players who perished,” said Andrei Kovalenko, head of the KHL players’ union. “There was still a considerable amount of time needed to gather information on all the beneficiaries and heirs and to assess and confirm the necessary payments, but now the company has fulfilled almost all of its obligations. On behalf of the union and of all the players in the KHL, VHL and YHL, and of all sportsmen performing in Russia and abroad, I would like to express our huge gratitude to the staff of SOGAZ for their professionalism and for the understanding shown after the tragic events.”

A Yak-42 aircraft of the Yak-Service airline carrying the first-team roster of Lokomotiv Yaroslavl crashed on the 7th of September 2011 after taking off from the Tunoshna airport in Yaroslavl Region. As a result of the disaster, 42 people lost their lives, including 26 players from the team. The Lokomotiv players who perished were insured by SOGAZ for a total of 98 million rubles.

The SOGAZ Insurance Group has been a partner and insurer of the Kontinental Hockey League (KHL) since 2008. SOGAZ provides life and health insurance for KHL players and also for referees officiating at KHL Championship games.

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