Realistic goals are necessary to increase insurance penetration

According to the financial news report, quoted by the General Department of Public Relations and International Affairs of the Central Insurance, Majid Meshalachi, the spokesperson of the Central Insurance, announced this at the meeting of the journalists of the insurance sector and added: the rating of insurance companies is not done anywhere in the world by the supervisory body. It is based on the information provided by the validation groups to the Central Insurance.

The deputy official of Central Insurance, rejecting any interference of the supervisory body of the insurance industry in the matter of tariff setting, stated: The mission of Central Insurance is to monitor the quality of the activities of insurance companies and to create a suitable environment for competitiveness, and we will not think about the issue of tariff setting in any way.

In this regard, Majid Mashalchi pointed out: In setting up insurance tenders, major insurers should determine the rate floor and insurance companies should provide appropriate coverage with accurate expertise and correct determination of rates and conditions.

He assessed the existence of some debtors in the insurance industry as one of the obstacles for the insurance industry to achieve its predetermined goals and said: the premiums received belong to the people and there is no reason for some large insurers to refuse to freeze the insurers’ funds. .

In response to the question of whether you consider the basis of calculation of non-conventional cars based on the down payment rate to be acceptable, the spokesperson of Central Insurance said: When this note was introduced in the third party insurance law, a sharp increase in the price of cars was not anticipated, and in my opinion, it should be The note on third party insurance law approved in 2015 should be amended.

In another part of his speech, emphasizing the protection of the rights of the sales network of the insurance industry, Dr. Meshalachi said: preventive activities in the regulatory aspects will smooth the path of insurance companies and issues such as bankruptcy or liquidation in the insurance industry in no way Not relevant.

The spokesperson of Central Insurance considered the surge in sales by online brokers last year as a clear example of digital transformation in the insurance industry and said: The way for the presence of online brokers has been prepared by Central Insurance and the purpose of operating the insurance switch is only to clarify the technical performance and Financial brokers are on-line, and with the cooperation of the brokers themselves, its implementation guidelines will be compiled soon.

Stating that the work of creating a dialogue in the reinsurance sector has begun, the deputy official of the Central Insurance Agency added: In order to strengthen reinsurance, the supervisory body will support the private sector to enter this field more seriously.

In this regard, he stated: We will rely on the power of private sector companies to organize reinsurance before launching the National Reinsurance Company.
In another part of his speech, Dr. Meshalachi considered the space for the presence of knowledge-based companies in the insurance industry to be pristine and said: “Fortunately, with the efforts of the Vice President of Planning and Development and the support of the General Director of Central Insurance, the conditions for the presence of technology and knowledge companies have been created.” The foundation in the insurance industry has been provided with the launch of the Insurance Industry Innovation Center.

Mashaalchi added: Holding the “technological survey of innovative Tuesdays” was a prelude to the start of the insurance industry innovation center, and I hope that after explaining the economic model of this center, we will see the presence of more knowledge-based companies in the insurance industry.

The spokesperson of the insurance industry supervisory body announced the implementation of various projects to facilitate the insurance business and said: the processes related to some systems such as “Kroki Online” have been completed and in the near future they will be widely used by equipping and interacting with related devices. Vector will arrive.

In response to one of the reporters regarding the statistics of the insurance penetration rate in the country, he clearly stated that unrealistic goals in this regard are not logical at all, but the issue should be dealt with realistically.

Meshalachi considered the two factors of innovation and cultural development as the determining factors for increasing insurance penetration in the country and asked the media to be more active than in the past in the field of insurance culture.

It should be noted that this press conference is the first meeting and discussion of reporters and media members with the spokesperson of Central Insurance in 1402.