ArmInfo. In 2018, a mobile version of the registration of insurance cases for the Euro-protocol (according to the simplified scheme) will be introduced to maximize the convenience of drivers when registering accidents. Vahan Avetisyan, Executive Director of the Armenian Auto Insurers' Bureau, told ArmInfo correspondent that at present the application is at the stage of registration of the technical assignment. As a result, drivers with an independent registration of an insurance event will have a choice in which version to fill out a questionnaire - paper or mobile.
In his opinion, the process of registration of insurance cases on the euro-protocol, which started from March 2016 at the beginning with the threshold of damage up to 50 thousand drams with the increase of this bar in September of the same year to 100 thousand drams, has already taken root among Armenian drivers, the trend of stabilization. "This is evidenced by specific figures: 45-53% of the total amount of reimbursements under the simplified procedure (Europrotocol) in recent months is made, ie approximately 2200-2600 insurance cases, against 30-60% fixed at the beginning of this year or about 1200-2500 cases, " Avetisyan explained.
Avetisyan informed that work is underway to transfer OSAGO processes to a new level of standards and automation - to the single window system and a single platform for the insurance market under the project "Armenian Single Window for Automative - ASWA". This is carried out within the framework of the agreement concluded in 2014 with the French Bureau Veritas Inspection and Control. "In October 2017, insurance policies for OSAGO will already be concluded under this system, ie all insurance companies from now on will provide insurance policies only through a single window platform. It is also planned that in November this year the On -Line sales policies (via the Internet), and in December there will be an opportunity to purchase policies through payment terminals with a cash-in function.Thus, the process of introducing different opportunities for concluding insurance contracts for OSAGO through the Single Window will be completed the end of 2017.
According to Ranking of insurance companies of Armenia as of July 1, 2017, prepared by IA ArmInfo, Armenian insurers in the first half of 2017 reimbursed 8.02 billion drams or $ 16.7 million in different classes. In the annual cut, insurance companies' reimbursement increased by 17.7%, against growth by 7 , 8% a year earlier. At the same time, according to the insurance fees of the Armenian insurance companies, the annual growth was fixed at 5.3% - up to 16.98 billion drams or $ 35.3 million, against growth of 0.7% a year earlier.
The largest share of insurance indemnities and premiums traditionally falls on compulsory motor third party liability insurance (OSAGO) - 64.94% and 56.18% respectively. Under OSAGO, insurance indemnities changed last year's negative dynamics by 2.8% to the current positive 31.9%, and the same change, but with a moderate gap, was observed for insurance premiums of this class - from negative 1.8% to positive 1.4% . At the end of June 2017, the loss ratio for OSAGO reached 60%, compared to 48% a year earlier.
It should be noted that there are 6 companies in the Armenian insurance market - Rosgosstrakh Armenia, INGO Armenia, Nairi Insurance, Sil Insurance, Armenia Insurance and RESO. Of the available 19 insurance classes, the Armenian Insurance Company of Armenia operates on 17, with the exception of railway transport insurance, judicial and extrajudicial expenses. The RA Law "On Compulsory Motor Third Party Liability Insurance" came into force on January 1, 2011. To the sale of policies OSAGO insurers began October 18, 2010. Shortly before that, a self-regulatory organization, the "Bureau of Armenian Auto Insurers", was established to implement the process of introducing the institution of compulsory insurance.