Banking and insuranceEconomical

Dana Insurance paid 30,000 billion rials in damages


According to the financial monetary news quoted by Dana Insurance Public Relations, Abbas Omranpour Bandapi said about the seven-month performance of this deputy, including the amount of portfolio, issuance, damages and other measures taken in this deputy: The company in the seven months of 1400 is about 48 thousand billion rials, which compared to the same period last year, has grown by 26 percent.

He added: “In connection with the analysis of this growth rate by field, we should mention the strategy of providing technical insurance premiums based on cost in the field of treatment, which resulted in the elimination of a number of loss-making contracts in previous years and the results of this risk analysis. The damage to the field will be apparent in the coming months. In other fields of insurance, we have witnessed almost growth in the average level of the industry.

In another part of his speech, the Vice President of Marketing and Development of Dana Insurance Sales Network stated: In separating the direct and indirect portfolio of the company, about 80% of the sales were indirect and about 20% were issued directly by the branches.

Imranpour Bandapi, referring to the performance of this deputy in the field of damages, emphasized: In the field of damages, 30,000 billion Rials in damages were paid during the seven months of this year, about 47% of which was only related to treatment and in most fields compared to In the same period last year, we see a decrease in the loss ratio. Fortunately, the ratio of total company losses at this time has decreased compared to the previous year.

Regarding the future plans of this deputy until the end of this year, he said: In the field of representatives’ affairs, considering the 80% share of the representatives in the company’s sales, empowerment of the network is considered more than before, so we have started the following program in this regard; First, to hold regional training courses for agents in the fields required to upgrade and update network technical knowledge;

Imranpour Bandapi, referring to the plans of the Vice President of Marketing and Sales in the field of branches and regions, added: Holding regional meetings with heads of branches and analyzing strengths and weaknesses in recent months and using potentials within regions to strengthen sales, identify businesses Areas and introducing the capabilities of Dana Insurance Company, optimizing the issuance and loss processes by continuously monitoring the performance of branches and sales network and strengthening sales by promoting new plans of the respective company are some of our other programs in the field of branches and regions.

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