We do not give special discounts to startups

According to the Iran Economist, quoting the public relations of Cooperative Insurance, the CEO of Cooperative Insurance stated that strategies to satisfy customers and all stakeholders with goals such as profitability, market development, expanding the number of representatives and market penetration were implemented in this company. He said: “The current performance indicators of cooperative insurance, which are based on these strategies, in some cases have achieved the goals and in some cases have exceeded the goals, and certainly in some cases there is still work to be done.”
Mazloumi stated that the cooperative insurance portfolio reached 1047 billion Tomans last year, and specified: Cooperative insurance has achieved 95% of the projected budget in this sector.
In response to a question about the interaction of cooperative insurance with Saipa Brokerage, Mazloumi’s debt to the company said: Saipa Brokerage has a working relationship with insurance companies and naturally has debts to all companies, including cooperative insurance, but It should be noted that the debt of this brokerage has never been frozen to cooperative insurance and has always been in the current heading.
In response to the question whether the cooperative insurance has a late penalty for the debts of this brokerage, Mazloumi said: “We have not considered a late penalty, but the contract stipulates the time to pay the debt and the brokerage according to the criteria in the debt contract.” Pays.
A member of the Supreme Insurance Council, in response to the question that floating inflation requires insurance companies to be more careful in collecting receivables, and in the current situation, the purchasing power of money is very important, said: Naturally, Saipa brokerage is also worth time Considers money in transactions and cooperative insurance also has estimates for calculating the time value of money, and given that zero-kilometer vehicles have less technical risk than other vehicles, the company therefore decides to cooperate with this brokerage based on Calculates the time value of money.
In response to the question about the composition of the cooperative insurance portfolio and what percentage is a third party, Mazloumi said: Cooperative insurance has planned its portfolio based on the average in the industry. According to him, about 40% of the company’s portfolio currently belongs to the third sector.
In response to the question of how the company cooperates with insurance startups and why the discounts offered by these sellers to buyers in the cooperative insurance sector (third party) are different from other companies, the CEO of Cooperative Insurance said: Cooperative Insurance Pays startups according to the rules, but in connection with the settlement of insurance premiums with these groups at the end of each month in the form of a few checks.
He explicitly stated that we do not give discounts to startups and do not pay extra fees.
In response to a question about the volume of cooperative insurance financial interactions with online brokers, Mazloumi said: “The share of startups in the cooperative insurance portfolio last year was small.” Of course, this share in the entire insurance industry has been small and their sales volume has not reached 2% of the total insurance industry.
He pointed out that the share of sales of real and legal representatives and brokers in the insurance industry is still much higher than the share of online insurance sellers, he said: about 5% of sales of cooperative insurance is done through online brokers and the third field and individual treatment Bestsellers this way. For example, about 50 billion sales of third-party cooperatives are organized in this sector, so the margins in this area are more than the existing realities of startup sales.
In response to the question that the name of the company was to be changed, Mazloumi said that these speculations have always existed and require the consent of all decision-making bodies in this regard.
Regarding the election of board members, he said that at the same time as this year’s assembly, the election of board members will be one of the agenda items.