Motor Insurers` Bureau of Armenia has raised the maximum threshold  under the European protocol to 200 thousand drams from August 1

ArmInfo. Motor Insurers' Bureau of Armenia announces an increase from August 1, of the maximum damage threshold under the Euro protocol to 200 thousand AMD from the previous 100 thousand AMD. As the Bureau explains, this new threshold applies to insured events in Yerevan, the agreed declaration for  which is filled out through the ASWA mobile application.

The purpose of this change is to further reduce congestion on the  capital's roads due to minor accidents, the participants of which can  independently declare an insured event according to the European  protocol and, together with photos from the scene, send it to the  insurer through the ASWA application.

Motor Insurers' Bureau of Armenia reminds that the ASWA mobile  application can be downloaded free of charge from the App Store and  Google Play Store platforms for smartphones with iOS 8 or Android 4.1  or newer operating systems. The links to the ASWA mobile application  on the App Store and Google Play Store platforms are as follows:  https://apps.apple.com/am/app/aswa/id1496323455 and  https://play.google.com/store/apps/details? id = am.aswa.aswa.

In more detail, the conditions and recommendations regarding the  registration of insurance claims under the European protocol are  posted on the website of the Bureau of Motor Insurers of Armenia  under the link:  https://www.appa.am/index.php?al=agreed_declaration.

To note, the work on the transition of CTPL processes to a single   window system and a single platform for the insurance market under   the project "Armenian Single Window for Automative - ASWA " was   launched in 2017, as part of contract concluded in 2014 with the   French Bureau Veritas (Bureau Veritas Inspection Valuation Assessment   and Control). Since then, such opportunities began to be introduced  in stages: conclusion of insurance policies for compulsory motor   third-party liability insurance through a single- window platform   (October 2017); On-Line sales of policies (November 2017); purchase  of policies through payment terminals with cash-in function (December   2017). And now another automation of the CTPL process has followed -  registration of insurance claims under the Euro protocol through the   ASWA mobile application. 

 It should be reminded that in Armenia, the  system of registration  of insurance claims for Euro-protocol in the  CTPL market was  introduced since March 2016, initially with a damage  threshold of up  to 50 thousand drams, subsequently in September of  that year  increased to 100 thousand drams.  Starting from August 2020, another  increase in threshold followed to 200 thousand drams covering the  insurance cases in Yerevan.  According to the data of the Motor  Insurers' Bureau of Armenia, as of July 1, 2020, there are 541 784  vehicles in Armenia with a valid CTPL agreement. Their  number in  y-o-y terms increased by 0.9% or by 4926 units. In IC "Rosgosstrakh  Armenia" 175 919 vehicles are insured, in Nairi Insurance - 107 461  units, in INGO Armenia 84,285 units, in RESO - 65,117 units, in Sil  Insurance - 60,811 units, in Armenia- Insurance - 48,190 units. Of  the 33,401 applications for insurance compensation submitted at the  end of the first half of 2020, 13,512 turned out to be in cases of  simplified road traffic accidents (according to the European  protocol), for which the volume of compensations paid amounted to 956  million drams, and the average amount of one payment was 70,748  drams.