ArmInfo. The Bureau of Motor Insurers of Armenia notifies the car owners about a new possibility - now the contract of OSAGO with any insurance company can be concluded also in on-line mode and in this case the insurance policy is drawn up at a 5% discount. ArmInfo was informed about it by the Bureau of Motor Insurers.
The Bureau of Motor Insurers also informs that within the next 1-2 months another option will be provided for the conclusion of an e-car insurance - cash acceptance when paying for an insurance policy through payment terminals TelCell, EasyPay and Mobidram. The Bureau will inform about this launch in addition. According to the source, the advantages of the electronic mode of concluding MTPL contracts are the following: first, this simplified procedure takes a maximum of 3-4 minutes; secondly, the insurance premium is paid through a payment card; and thirdly, immediately after the conclusion of an on-line contract, the insurance policy certificate is sent to the e-mail address specified by the insured (car owner).
The electronic insurance of an auto citizen can be carried out on the official website of the Bureau of Motor Insurers of Armenia www.appa.am in the section "Conclusion of the OSAGO contract in on-line mode", with access to the website www.aswa.am, or on the official website of any Armenian insurance company. It is pertinent to note that with www.aswa.am there is an exit to the websites of insurance companies. The Bureau of Motor Insurers explains to car owners that a paper version or a printed version of an e-car insurance does not need to be stored in a car. The traffic police, if necessary, can, on-line on its database and a single OSAGO information system, request / verify data on the vehicle and verify the existence of a MTPL contract.
According to the Bureau of Motor Insurers, as of September 30, 2017 in Armenia with the presence of MTPL-contract there are 479,356 vehicles, against 451132 a year earlier. The volume of accrued insurance premiums for OSAGO made 13.9bln AMD (with an annual growth of 4.5%), and paid insurance claims - 8.2bln AMD (with an annual growth of 34.4%) for the 9 months of 2017. The loss ratio for OSAGO was 60% at that date, with annual growth of almost 10 percentage points. There are six insurance companies operating in Armenia.
According to Ranking of insurance companies of Armenia as of 30.09.2017, prepared by IA ArmInfo, Rosgosstrakh Armenia holds the leading position on insurance premiums and insurance indemnities in the class of OSAGO, while INGO Armenia and Nairi held the 2nd and 3rd positions Insurance. " The share of OSAGO in the total volume of insurance premiums is 56.08%, and in the total volume of insurance claims - 66.82%, against 55.7% and 59.82% respectively. Under OSAGO, the annual growth in insurance premiums accelerated from 1.4% to 4.5% last year, and the dynamics of insurance claims of this class went out of the recession to significant growth. In total, the volume of insurance premiums (total for all classes of insurance) was 24.6 billion drams (with an annual growth of 3.8% against 0.3% a year earlier), and insurance indemnities - 11.98 billion drams (with an annual growth of 19.3 % against 4.8% a year earlier).