The focus of New Trade Insurance North Branch is on low-risk portfolios
According to the monetary financial news, Reza Ahmadi, the manager of Tehran North Branch of Tejarat Insurance, regarding the performance of the branch under his management this year, said: “Considering that the branch has been operating since 1995, and considering that the branch’s strategy is to issue insurance policies.” It is a country and a headquarters, from a portfolio of 800 billion rials in the first year of the branch to 6100 billion rials in the first six months of this year has grown 20 times.
According to the report of Public Relations of New Trade Insurance; Reza Ahmadi said that the loss ratio of this branch in the first 6 months of 1400 this year was about 27%, which is a reasonable number compared to the industry statistics, and its achievement has been achieved in order to manage and control risk and proper valuation. .
Explaining the branch’s goals for increasing sales in the coming months, Ahmadi said: “Issuing online insurance policies focusing on retail and digital insurance and leading the sales network to maximize the benefits of Beno” New Trade Insurance Online Application “is one of the operational plans that in addition Increasing customers will lead to easier access and increase in insurance penetration and culture without spending extra money and wasting time and ultimately their loyalty.
He continued: “Currently, for the well-being of the insurers, the new product” Mobile Insurance “is designed online and customers can insure their mobile phones in the shortest time without visiting branches all over the country by referring to its link online.”
Regarding other operational plans, he specified: “Among the operational plans and goals, is the effort to realize the projected budget of 1200 billion Tomans and follow up the collection of receivables of the branch. In this regard, daily follow-up is done by members of the receivables committee and the result is reported weekly.” And it is one of the useful solutions in order to prevent the accumulation of receivables and has brought positive results.
Ahmadi also reminded: “Another of our goals is to increase the large insurers, which we intend to attract more large insurers and provide desirable services to legal clients.”
“Our focus is on low-risk portfolios, and now we are focusing on fire, liability and individual accidents, and about 210,000 insurance policies have been issued in all fields,” said the manager of Tehran Tejarat-e-Novo North Branch regarding its portfolio selection strategy.
He added: “Special attention to customers and full observance of the ethical charter, as well as providing the most appropriate coverage for insurance policies, have been seriously considered by this management so that their peace of mind and the slogan” Rely safely “are properly realized.”
He added: “Another challenge was the issue of face-to-face treatment of car damages. In the past, the mobile appraiser had to go to the site in person, which was a time-consuming process and caused things to go smoothly. Tejarat-e-Novo insurance site, online inspections are performed at any time of the day and night, and the process of paying damages is done for the victims within 48 hours, which shows the value creation and the distinguishing feature of Tejarat-e-Novo insurance.
The manager of the North Tehran branch of Tejarat Insurance, regarding the situation of the sales network of this branch, stated: At present, the sales network includes 27 real representatives, 2 legal representatives and 30 real and legal brokers, and by the end of the year, this amount will be approximately Will double.
In the end, Ahmadi considered the special support of the CEO, Dr. Nourollahi, and other senior organizational managers, as well as capable and role-playing human resources, as one of the strengths of the branch under his management, and appreciated their support.