Takaful is not just an insurance product
According to the report of Iran Economist, citing the General Department of Public Relations and International Affairs of Central Insurance, Engineer Majid Behzadpour, who was speaking in the group of senior managers of the insurance industry and the attendees of the first international face-to-face Takaful training course, announced this and added: scientific and executive basis For the establishment of takaful insurance system in Iran, there is a fundamental change in the process of universalization of insurance products.
Referring to the serious issues of Takaful insurance on the sidelines of the “Kish Inox” event, the head of Central Insurance stressed the concern of the trustees and policy makers of the insurance industry in this regard and stated: In our country, more than sixty-five percent of the insurance industry’s portfolio is in the hands of two The field of third party and treatment is that if takaful insurance capacities are used, this statistic can change in favor of other fields of insurance.
He considered the need for new tools and planning to facilitate insurance operations as a serious necessity and added: the penetration of insurance products and services in different layers of society is one of the objectives of the insurance industry supervisory body, which includes various trainings. It requires careful planning and persistent effort.
The head of the Supreme Council of Insurance considered all insurance activities in the country within the framework of Islamic Sharia and Shia jurisprudence and noted: Takaful insurance has special attractions in addition to the common fields of insurance, which should be defined in the form of an insurance system. .
Engineer Behzadpour mentioned the tens of billions of dollars in Takaful insurance market in the world as an impressive capability and said: The steady growth of Takaful insurance in the world is one of the advantages of this insurance operation, which is considered an acceptable economic justification.
He announced the necessity of developing takaful insurance products in the country and stated: takaful products should be redesigned and offered within the framework of the climatic and religious needs of the society.
The General Director of Central Insurance, enumerating the latest achievements of Takaful insurance in the world and its competitive advantages, noted: Takaful is not just an insurance product, but an independent system that has its own mechanisms, processes, goals and outputs.
At the end, he called for a detailed analysis and sufficient research for the methods and composition of investments resulting from Takaful insurance operations and asked all the elements of the insurance industry to accompany in launching and completing the Takaful insurance system.
It should be noted that in this meeting, which is hosted by the Insurance Research Institute and under the management and training of Dr. Zubair – the director of Al-Hadi International Center – and Dr. Ramadan, a senior lecturer from Nigeria, held at Milad Tower in Tehran for 6 days, the members of the executive board of Central Insurance , the head of the Iran Insurers’ Syndicate and Tenni Chand, one of the managing directors of insurance companies, also presented their views.
It is worth mentioning that the launch of takaful insurance along with other fields of insurance will lead to an increase in the insurance penetration rate in the operational plan of the country’s insurance industry.