Compliance with professional ethics is one of the important requirements of the insurance industry to increase the penetration rate of insurance
According to the financial news report, quoted from the public relations of Iran Insurance, Seyed Mohammad Nasser Mobarqai, a member of the board of directors of Iran Insurance, in the meeting of managers of insurance company agencies, which aimed to analyze, review and present proposals for the regulation and updating of regulations. 75 (regulation of representatives’ affairs) was held in the central building of Iran Insurance, he said: Compliance with professional ethics is one of the important requirements of the insurance industry to increase the penetration rate of insurance in the country.
In this meeting, which was also attended by Abdul Samad Khodami, the deputy coordinator of Iran’s provincial branches and insurance agencies, while appreciating the actions of Mohsen Pourkiani, the secretary general of the Iran Insurers’ Syndicate, and referring to the topics discussed in the regulation of representatives’ affairs, he said: “More than 80 percent of Insurance companies, representatives and insurers, due to the lack of familiarity and proper understanding of the issue of professional ethics, do not comply with it, and for this reason, holding meetings with the representatives of insurance companies to address this issue is necessary and necessary. Is.
The member of the Board of Directors of Iran Insurance considered the representatives of the insurance companies as the fiduciaries of the country’s insurance industry and emphasized: Trustworthiness and being a trustee have two general and special forms, and the representative of the insurance company when dealing with insurers who have a negative and pessimistic view of all approaches and policies of the insurance industry, they can show their general trustworthiness and without destroying other companies and validating this negative view and acquitting their company of this belief of the policyholder, while persuading the policyholder and reconciling him with the insurance industry, the product Offer your company to the insurer. Observance of this type of fiduciary, which means general fiduciary, will lead to an increase in the penetration rate of insurance in the country in the medium and long term and will benefit all companies.
Mubarqai added: the insurance penetration rate in the country should be at least 4 times its current level, and considering that representatives are at the forefront of insurance companies and have direct contact with customers, if the principles and regulations governing professional ethics are followed by Representatives can reach the 8% penetration rate that is desired by the country’s policy makers.
He emphasized: I hope holding these meetings and expert meetings, as well as the effective and decisive opinions and suggestions of the managers of insurance companies’ agencies, will bring us to a common point of view for drafting the final regulations.
In this meeting, Khodami considered holding these meetings as necessary and necessary for the dynamics of the industry and stated: I am happy that in this meeting, one of the common concerns of insurance companies for many years was discussed and the results will definitely be obtained. It will make the business environment of insurance companies flourish more and more.
He added: For insurance companies, friendship and camaraderie are more important than competition, so in an intimate and friendly atmosphere, we must deal with the many common concerns we have, and Regulation 75 is always discussed as one of the most key and fundamental issues. It has been the attention of all of us and its shortcomings, including definitions and various examples, have been discussed over the years. Therefore, reviewing and updating Regulation 75 has become very important due to the development of new technologies and tools.
It should be mentioned that at the beginning of this meeting, Hamidreza Bahirai, the general manager of Iranian insurance agencies, explained the opinions and proposed amendments, the amendment draft according to the agreements of the meetings of the specialized commission of the Supreme Insurance Council in 1400, the points of view of the deputy of the central insurance supervision of the Islamic Republic of Iran, and the agreements. The specialized commission of the Supreme Council of Insurance in 1402 dealt with the regulation of agency affairs and then each of the managers present in the meeting presented their opinions and suggestions.