EconomicalBanking and insurance

46% growth of positive operating balance by Iran Insurance Exhibition branch


According to the financial news from the public relations of Iran Insurance, Mustafa Rostami, the manager of the exhibition branch, stated that with the efforts and efforts of the colleagues and representatives of this branch, we have attracted 3960 billion rials in insurance premiums in the 9 months of this year, which is equivalent to a 50% increase compared to the previous year. The highest growth is in the fields of accidents and engineering and the lowest growth is in the field of goods transportation and tertiary, he said: the amount of damages paid is equal to 1846 billion Rials, which is equivalent to 59% growth and based on the announced policies in order to adjust the composition of the portfolio, the insurance premiums received in the tertiary field with a 10% decrease from 68% to 58%.
Rostami, pointing out that the debtors of the branch constitute 14% of the operating volume, most of which are not yet due, and with the efforts and follow-up of hardworking colleagues and representatives, this figure is related to the last month and is the most transparent in terms of debtors and open account items. Ha-Shidim said: All activities are monitored and analyzed using business intelligence and daily schedule, and due to the addition of the agents section to this software, the follow-up and control of the sales department has also become better and easier, and regarding the modification of portfolio composition and risk selection. We talk and negotiate with them on a regular basis.
Referring to the empowerment of colleagues and providing regular training, the director of the exhibition branch said: In the past, each colleague had only one field of activity and expertise, but with the current job rotation, they now specialize in at least two fields and some of them specialize in several fields. and have acquired technical skills. Also, according to the policies of the company and the briefing sessions, he has planned the sales development process of micro insurances, including the patron plan and trade unions, and has achieved good results, including the rank of one patron plan in proportion to the number of representatives and the second rank in the trade union plan in the province. We obtained and according to the statistics provided by the management of property insurance in the 16 days of the beginning of January, the highest growth in the country belongs to this branch.
Rostami attributed this success to the good support of colleagues from the sales network and said that the regular monitoring program is carried out in a systematic and physical way and we consider ourselves obliged to respond quickly from the representatives.
In this conversation, Reza Pourmand, the deputy of the exhibition branch, was also present, and he raised issues regarding the advantage and agility of small branches, providing specialized training to experts for initial visits, and monitoring and monitoring the increase in body insurance visit obligations.

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