Thursday, February 3 2011 15:50

Armenian drivers' habit to solve problems "through the buddy system" yields ground to insurance policies: Nairi Insurance experts


ArmInfo. The stable mentality of Armenian drivers to solve all problems "through the buddy system" is gradually yielding ground to civilized methods of resolving disputed situations arising in course of road traffic accidents, Nairi Insurance experts say.

According to the specialists of the company, the insurance policies allow drivers to respond to the road accidents and the related damage more quietly.

"Some distrust in insurers and certain confidence in receiving insurance indemnities contribute to this", the company says. Drivers willingly cooperate with Nairi Insurance and provide it with the necessary and reliable information about the road accidents within a reasonable period.

It is a little bit hard to fight this habit in Armenia's regions, but there are also positive tendencies here. In particular, if over the first days of MTPL operation there was not a single road accident without verbal exchanges and obscenities, today in the majority of cases the sides try not to violate the ethic norms and immediately inform their insurance agent about the road accident.

When commenting on the degree of willingness of Road Police for compulsory insurance, the company's specialists pointed out that the employees of the investigative department of the Road Police work more harmoniously than expected.

"The matter concerns efficient arrival at the place of road accident, delegation of part of their powers to the specialists of insurance companies, except insignificant disputable cases. Certainly, such harmonious work considerably simplifies the process of regulation of the road traffic accidents, and removes additional bureaucratic barriers", the company's experts say.

However, it is not so easy to work with medical establishments. Nairi Insurance specialists think that it is necessary to persuade the given structures of the efficiency of such a mechanism as MTPL, particularly, the matter concerns compensation for the provided medical services. Therefore, the effectiveness of work with the given institution is not so high, however, fortunately, the company had no big cases with personal harm yet.

The company says that over the first month after the introduction of MTPL, Nairi Insurance received 8 statements about MTPL insurable events. The situation abruptly changed because of worsening of weather conditions on Feb 1, and this considerably increased the number of road traffic accidents and consequently the number of applications to insurance companies. On Feb 1 Nairi Insurance received about 70 statements about road accidents.
POST A COMMENT
Input digits     


News
Armenia, Iraq discuss  energy cooperation Armenia, Iraq discuss  energy cooperation 
World Bank forecasts moderate slowdown for Armenia`s economy through  2027World Bank forecasts moderate slowdown for Armenia`s economy through  2027
Unemployment rate in Armenia drops to 11.8% in Q32025Unemployment rate in Armenia drops to 11.8% in Q32025
Russia`s International Reserves Reach a Record $763.9 BillionRussia`s International Reserves Reach a Record $763.9 Billion
Idram Summarizes 2025Idram Summarizes 2025
The global economy will grow by 2.7% in 2026The global economy will grow by 2.7% in 2026
Armenia`s High-Tech Sector Development Strategic Plan  to be approved  in 2026Armenia`s High-Tech Sector Development Strategic Plan  to be approved  in 2026
PM Pashinyan: Azerbaijani fuel imports breaking monopolies and  lowering pricesPM Pashinyan: Azerbaijani fuel imports breaking monopolies and  lowering prices
RA Economy Minister  hopeful for  new economic and logistical  opportunities with potential opening of borders with Turkey RA Economy Minister  hopeful for  new economic and logistical  opportunities with potential opening of borders with Turkey
The Power of One Dram Donates 5,788,105 AMD to the City of Smile Charity FoundationThe Power of One Dram Donates 5,788,105 AMD to the City of Smile Charity Foundation
Armenia`s trade turnover hits 6 trillion drams in 11 monthsArmenia`s trade turnover hits 6 trillion drams in 11 months
Union of Banks of Armenia, EFPA Europe launch Branch Manager  qualification programUnion of Banks of Armenia, EFPA Europe launch Branch Manager  qualification program
Armenia`s telecommunications revenue growth deceleratingArmenia`s telecommunications revenue growth decelerating
Cargo transportation in Armenia increased by 2.5% in the first 11  months of 2025, while passenger transportation decreased by 2.3% Cargo transportation in Armenia increased by 2.5% in the first 11  months of 2025, while passenger transportation decreased by 2.3%
Romanos Petrosyan: ENA CJSC paid approximately 63.7% more in taxes  and feesRomanos Petrosyan: ENA CJSC paid approximately 63.7% more in taxes  and fees
Papikyan: Armenia to allocate 150 billion drams for defense industry  development Papikyan: Armenia to allocate 150 billion drams for defense industry  development
Trump Imposes a Credit Card Interest CapTrump Imposes a Credit Card Interest Cap
Cognac and wine production in Armenia  significantly decreased by  December 2025Cognac and wine production in Armenia  significantly decreased by  December 2025
Trump imposes 25% tariffs on countries cooperating with IranTrump imposes 25% tariffs on countries cooperating with Iran
EEC Board sets import customs duty rate on natural calcium phosphatesEEC Board sets import customs duty rate on natural calcium phosphates
Armenia`s industry hardly retains growth by Dec 2025 Armenia`s industry hardly retains growth by Dec 2025 
Armenia`s metallurgical industry shows declineArmenia`s metallurgical industry shows decline
Electric energy output 6.5% up in Armenia in Jan-Nov 2025 as compared  with Jan-Nov 2024Electric energy output 6.5% up in Armenia in Jan-Nov 2025 as compared  with Jan-Nov 2024
Information security expert on risks of AI in government system Information security expert on risks of AI in government system 
Converse Bank Successfully Completes Globbing Bond PlacementConverse Bank Successfully Completes Globbing Bond Placement
Experts expect the ruble to weaken in 2026Experts expect the ruble to weaken in 2026
Mercedes-Benz sales fell 9.2% last yearMercedes-Benz sales fell 9.2% last year
Agrotech enters Armenian corporate bond market with AMD 600M issuanceAgrotech enters Armenian corporate bond market with AMD 600M issuance
Armenia`s  Tourism Committee summarizes results of 2025Armenia`s  Tourism Committee summarizes results of 2025
Armenian inflation hits 3.3% in 2025: Sharp rise in  food and service  costsArmenian inflation hits 3.3% in 2025: Sharp rise in  food and service  costs
Armenia ranks 37th out of 101 countries in World Bank`s new Business  Ready (B-Ready) rankingArmenia ranks 37th out of 101 countries in World Bank`s new Business  Ready (B-Ready) ranking
Armenia`s economic activity hits 8.3% in January-November 2025Armenia`s economic activity hits 8.3% in January-November 2025
Armenian Minister of Economy presents economic dividends of peace  process with AzerbaijanArmenian Minister of Economy presents economic dividends of peace  process with Azerbaijan
Eurasian Economic Commission Council sets customs duty rates for  goods in foreign electronic tradeEurasian Economic Commission Council sets customs duty rates for  goods in foreign electronic trade
Armenian expert`s questions concerning TRIPP Route implementation Armenian expert`s questions concerning TRIPP Route implementation 
CIS Electric Power Council developing draft strategy for development  of CIS fuel and energy complex through 2050CIS Electric Power Council developing draft strategy for development  of CIS fuel and energy complex through 2050
Narek Karapetyan on expenses of RA Premier`s staff Narek Karapetyan on expenses of RA Premier`s staff 
Eighteen investment programs worth a total of $1 billion being  implemented in Armenia`s capitalEighteen investment programs worth a total of $1 billion being  implemented in Armenia`s capital
South Caucasus Railway served 510,000 passengers last year South Caucasus Railway served 510,000 passengers last year 
Azerbaijan sent its third batch of fuel to ArmeniaAzerbaijan sent its third batch of fuel to Armenia
Georgia`s tangerine exports plummeted by 54%Georgia`s tangerine exports plummeted by 54%
Armenia`s share in the South Caucasus` trade turnover amounted to 22.1%Armenia`s share in the South Caucasus` trade turnover amounted to 22.1%
Oil prices are risingOil prices are rising
Florida is building a highway that will charge electric vehicles on the moveFlorida is building a highway that will charge electric vehicles on the move
USD transactions more active than RUB ones in Armenia`s interbank  curency market Jan 5 to 9, 2026USD transactions more active than RUB ones in Armenia`s interbank  curency market Jan 5 to 9, 2026
The Central Bank of Armenia has introduced ASDA standardsThe Central Bank of Armenia has introduced ASDA standards
RA Ministry of Education and Science to assist training of personnel  for light industryRA Ministry of Education and Science to assist training of personnel  for light industry
Armenia`s minister of labor on measures to stimulate employment Armenia`s minister of labor on measures to stimulate employment 
Goldman Sachs reiterates its 2026 forecast of $4,900 per ounceGoldman Sachs reiterates its 2026 forecast of $4,900 per ounce
 Former ENA Director General questions PSRC financial forecasts for  ANPP Former ENA Director General questions PSRC financial forecasts for  ANPP
RA SRC  releases  list of electric vehicles eligible for duty  reimbursementRA SRC  releases  list of electric vehicles eligible for duty  reimbursement
57% of eligible citizens now using cashback system - Minister of  Labor and Social Affairs57% of eligible citizens now using cashback system - Minister of  Labor and Social Affairs
Central Bank of Armenia: ISDA trademark protection extended to   Republic of ArmeniaCentral Bank of Armenia: ISDA trademark protection extended to   Republic of Armenia
Armenia extends VAT exemption for imported electric vehicles for  another yearArmenia extends VAT exemption for imported electric vehicles for  another year
New shipment of Russian grain reaches Armenia via Azerbaijan -  PapoyanNew shipment of Russian grain reaches Armenia via Azerbaijan -  Papoyan
Political Scientist: Yerevan sacrificing  economic interests for   western loyalty Political Scientist: Yerevan sacrificing  economic interests for   western loyalty 
December 2025 Securities Market Data at the Armenia Stock ExchangeDecember 2025 Securities Market Data at the Armenia Stock Exchange
Strategic competition is growing between the US and ChinaStrategic competition is growing between the US and China
More tourists in Armenia last year as compared with 2024 More tourists in Armenia last year as compared with 2024 
Telegram suffered a $500 million bond freeze in Russia due to Western sanctionsTelegram suffered a $500 million bond freeze in Russia due to Western sanctions
Read more
Exchange rates
13.01.2026
RUB4.83-0.01
USD380.83-0.32
EUR444.28-1.09
GBP512.94-0.39
CAD274.31-0.37
JPY23.98-0.17
CNY54.59-0.07
CHF476.99-1.18


Experts
Information security expert on risks of AI in government system Information security expert on risks of AI in government system 
Armenia has for many years been importing oil products from Turkiye -  expert Armenia has for many years been importing oil products from Turkiye -  expert 
Mining remains a social pillar of Armenia`s regions - studyMining remains a social pillar of Armenia`s regions - study
Read more

Commented
ATI.SU: Demand for international cargo transportation 30% up in  ArmeniaATI.SU: Demand for international cargo transportation 30% up in  Armenia
Civil Contract nominates Armen Ktoyan for  Central Bank Board Member  positionCivil Contract nominates Armen Ktoyan for  Central Bank Board Member  position
Armenia, France considering prospects for expanding technological  cooperation  Armenia, France considering prospects for expanding technological  cooperation  

Company bonds
UCO CJSC "GLOBAL CREDIT"1
UCO CJSC "GLOBAL CREDIT"3
UCO CJSC "GLOBAL CREDIT"4
UCO CJSC "GLOBAL CREDIT"5
UCO CJSC "GLOBAL CREDIT"7
"National Mortgage Company"2A
"National Mortgage Company"2B
UCO CJSC “FINCA” 1
UCO CJSC “FINCA” 2