Banking and insuranceEconomicalEconomicalBanking and insurance

The insurance industry needs synergy in creating a common technology infrastructure


According to the report of the financial news, citing the General Department of Public Relations and International Affairs of the Central Insurance, Ali Ostadhashmi, the head of the Central Insurance, announced the security of information and data of the insurers as a red line of the Central Insurance.

In this round of cordial meetings, he emphasized on the insurance industry’s greater use of the new capabilities of information and communication technology and said: “The insurance industry is intertwined with technology, and to increase the satisfaction of the beneficiaries of the insurance industry, they must always equip their technology infrastructure with modern knowledge.” To meet people’s needs and create a pleasant insurance experience for them by providing electronic services and reducing claim payment time.

Referring to the importance of the security of information of insurance companies and the data of policyholders for the supervisory body, the head of Central Insurance said: Fortunately, the insurance industry has done well in the development of technological infrastructure, but insurance companies should work synergistically to create an infrastructure. Joint technology should be used to strengthen the technology of the insurance industry and prevent information leakage from the industry.

He clarified: In the new approach of intelligent monitoring, the performance of insurance companies in the field of technology and data security is monitored and companies that fail in this field are dealt with.

In another part of his speech, Professor Hashemi announced the development of the rating system for insurance companies and said: Along with the amendments to the existing regulations, the performance of insurance companies in technical areas, information and communication technology, stakeholder satisfaction, reliability, etc. will be reviewed and will be on the way to ranking.

He said that one of the advantages of rating is the exemption of insurance companies with higher ratings from the quorum limits of regulations such as investment regulations and said: Insurance companies should prepare themselves for the rating system by implementing a self-control mechanism.

In another part of his speech, the head of the Supreme Insurance Council emphasized on strengthening the reinsurance sector of insurance companies and said: “Insurance companies should use international knowledge in the field of reinsurance to regulate the relations between general insurance and reinsurance and use technical Use new developments in this field more.

He also asked the managing directors of insurance companies to pay more attention to the rights of shareholders.

In these meetings, which were held today, Thursday, October 6, at Central Insurance, the managing directors and board members of Saman Insurance, Saman Insurance, Sarmad, Avai Pars Insurance, Karisma, Arman, Kausar, Mihan, New Trade, Tehran Rewak Insurance and Khavarmianeh insurance companies. A group of veterans and industry experts presented their suggestions and requests.

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