Iran Insurance owns 34% of the country’s energy insurance market
According to the financial news report, the fifth exhibition of support for domestic production in the oil, gas, petrochemical and refining industry of Kish Island will be held from the 9th to the 11th of Bahman this year and on the eve of the Islamic Magnificent Anniversary, at the permanent location of Kish Island Exhibitions, and Iran Insurance will be held in the hall. A booth 3 has an active presence.
According to the Iran Insurance Public Relations Report, Mohammad Hossein Maleki, Director General of Iran Insurance Property Insurance, stated that considering the importance of energy insurance, which is one of the most important fields under property insurance of Iran Insurance Joint Stock Company, he stated: Considering the capacity and knowledge The technical and specialized expertise of the company’s experts as the leader of joint energy insurances, insurance coverages of major oil and gas and petrochemical insurers, including the coastal and offshore facilities of the National Iranian Oil Company, gas refineries under the National Iranian Gas Company, Persian Gulf Holding and all assets of more than 50 The country’s important petrochemical, refining and petro-refining company is also covered by issued insurances independently and in the form of joint energy insurances in cooperation with active insurers in the field of energy, members and non-members of joint energy insurance consortiums across the country.
Maleki further added: Iran Insurance alone has more than 34% of the country’s energy insurance market, considering its capacity and capabilities, and counting the insurances it manages in the form of joint energy insurances, more than 80% of the country’s energy insurance market. After deducting the share of the consortium member companies and recording an 80% growth compared to the same period last year, it is ready to provide the insurance services required by the oil, gas and petrochemical industries with the best coverage and appropriate rates in the form of joint energy insurances and independently. In this regard, along with Wali Asr Branch (AS) as a specialized oil, gas and energy unit, other executive units of the country are ready to provide insurance services to this strategic industry.
He added: The main measures taken this year in the Iran Insurance Joint Stock Company in the field of energy insurance include: the growth and development of energy insurance with a focus on attracting new insurers and maintaining and strengthening existing insurers, increasing interactions between members of joint energy insurance by increasing the number of meetings In order to exchange opinions regarding the review and how to provide optimal services to insurers, strengthening and increasing cooperation with other active insurers who are not members of joint energy insurances and participation in issued insurance policies, significant development and expansion of executive units and issuance of energy insurance policies with priority to provinces located in In the field of energy, strengthening and training experts and increasing the technical and specialized knowledge of colleagues by holding energy insurance training classes, focusing on the risk assessment of insurers and significantly increasing the visits and evaluation of insured properties and facilities in order to cooperate with insurers in managing insured risks. .
In continuation of the energy insurance measures, Maleki said: a significant increase in expert capacity and risk and damage assessment by employing the country’s elite and young specialists in the field of oil and gas industries in the onshore and offshore sectors and providing expert advice to insurers in order to obtain coverage Needed and appropriate, development of insurance coverage required by insurers in other required insurance fields, including supplementary medical insurance coverage, life and accident insurance of employees, as well as efforts to speed up the process of paying damages in the energy field, increasing cooperation with other managements, including reinsurance management The company aims to accept and distribute the risk of issued insurance policies.
Referring to the importance of energy insurances, Maleki said: Considering that the oil, gas and petrochemical industries are one of the most important infrastructures of the country and play an important role in providing the country’s energy, energy insurances, especially joint energy insurances, in the conditions of sanctions and the withdrawal of foreign reinsurance insurers, It plays an important role in preserving and protecting these industries and the investments made in this field.
He emphasized: Iran Insurance is ready to provide the insurance services needed by the oil, gas and petrochemical industries with the best conditions due to its level of financial and technical prosperity and high risk retention capacity.
