OREANDA-NEWS. July 07, 2008. ROSNO’s Ural Directorate has concluded a contract for insurance coverage of professional liability of the company "Vedenie Reestrov Kompanij" (CJSC VRK) which may be incurred in case of inflicting any damage to third-party property interests in course of any activity related to electronic document exchange. The contractual insurance amount is 40 mln roubles, reported the press-centre of ROSNO.

CJSC VRK is the largest registrar in the Ural region, responsible for formation and keeping of the corporate shareholder registers. The company also acts as an authorized registrar of the RF Ministry of Property Relations and the Yekaterinburg Regional Government.

The following risks have been insured under the contract: unintentional errors and negligence of the CJSC VRK employees, including non-performance or improper performance of their job duties; wilful misconduct aimed at gaining illegal personal financial benefit; wilful misconduct of third parties resulting in destruction or theft of documents, full or partial loss of the insurant’s archive; computer crime; hardware or software malfunction; and malfunction of cryptographic data protection means.

The contract has been concluded for one year.