Cooperative insurance is not afraid of new competitors in the insurance industry

According to the monetary financial news, quoting the public relations of Cooperative Insurance, Younes Mazloumi, the CEO of the company in 1400, has raised issues that can now be re-examined to examine the strategic path taken more than before; This is especially important considering the fact that the company has become a billionaire and the achievement of the intended goals is considered more important than anything else to examine the idea that has led to the realization of the intended goals.
Providing insurance for the first time in Asia
Cooperative Insurance Company, by presenting business stop insurance caused by pandemics and epidemics, was on the way to preventing the restriction of business activities during the corona pandemics. In this regard, Mazloumi, referring to the structure of business stop insurance, explained: “This insurance is one of the most important measures in the economic system to reduce the risk of reducing the income of businesses during the corona outbreak and closure of these units and in the parametric insurance group. “It is presented for the first time by the cooperative insurance and according to its structure, there is no need to visit the place and دیگر and as soon as the damage is known, the payment process will take place.”
“Many of the units that covered themselves in this insurance were financially at risk of a financial crisis due to the closure, and from this perspective,” said the CEO of Cooperative Insurance, referring to the industry’s acceptance of the Corona Business Stop Insurance. “Cooperative insurance action has been considered a great help to businesses in the face of the corona outbreak.”
“Revolution in the insurance industry” is the name given to the work that the oppressed have placed on their corporate social responsibility, the “pandemic and epidemic stop insurance policy”; The reason for this naming is the activity in the group of parametric insurance policies, which has recently attracted the attention of the insurance industry.
Export and import of insurance services
The second issue mentioned by the CEO of Cooperative Insurance was the issue of “export and import of insurance services”; “Exporting and importing insurance services is a necessity for our insurance industry,” he said. We have to move towards the export and import of insurance services, and until that happens, our concern will continue in the face of great and catastrophic risks. “Undoubtedly, there is a capacity to import and export insurance services in our country, and certainly achieving this is one of the goals of insurance professionals in the country, which we hope will be achieved with the lifting of sanctions.”
Mazloumi also states that “Iran’s pristine insurance market is very attractive for international insurance companies, and there is a desire to be present in the Iranian insurance market, as exemplified by the initial period of the Borjam agreement, which as soon as restrictions and sanctions are lifted. “We faced a flood of European and Asian companies, including Japan, that wanted to invest in our insurance market.”
Friendly to increase competitors
Observing the performance of an oppressed person shows that he is not afraid of new competitors in the insurance industry; “In all businesses and industries, competition is accompanied by the arrival of newcomers, and these are one of the components of competition. The same is true in the insurance industry, and new insurance companies bring new ideas and create a competitive opportunity,” he said. .
Perhaps this oppressed view is due to the fact that he believes that “the presence of new insurance companies will help increase the penetration and development of the insurance industry.”
“Despite the fact that there are currently 33 insurance companies and P&I clubs operating in Iran, we have fortunately been able to achieve our customer acquisition goals since its inception based on the strategies we have designed,” he said, referring to the current plurality of insurance companies. “To achieve and achieve the main goal, which is to satisfy our customers, in addition to quantitative and qualitative growth.”
Complaints about the slow growth of Inshortek
The CEO of Cooperative Insurance is among the people who are interested in technology and work hard to achieve it in the insurance industry; He, who has always referred to new technologies in his conversations, believes that “Inshortek is lagging behind other fintechs in terms of amount and volume of investment and is significantly less, but as we go forward, this investment is increasing.” .
“Some of these companies, in addition to having their traditional sales offices, also use technology-based methods to provide better services,” he said, emphasizing that companies use different channels in this area.
However, according to Mazloumi, in the future, the use of technologies and the word “insure” will become so common that in the coming years, the insurance industry will be managed as an insure./ End of Part One