Insurance News – auto insurance, health insurance quotes

At session of the government on Thursday Russian Prime Minister, Victor Zubkov has scarified the project of strategy of development of insurance activity in Russia for 2008-2012, prepared by the Ministry of Finance of the Russian Federation. V.Zubkov has noted, that the document “has descriptive character”, which is not allowing to define an essence of problem questions and ways of their decision. Russian Prime Minister has told that the strategy lacked analysis of the domestic insurance market in previous years and also analysis of the international insurance market.
Prime-minister has turned Special attention to absence of the competitive environment, the analysis and also the information on the markets of the states WTO-members.
Zubkov has stressed that advancing growth in 2001-2007 has not considered the authorized capital of insurers with foreign investments in comparison with growth of the cumulative authorized capital of the Russian companies and the first ones have increased the capital in 14 times, the second ones- only in 5,7 times.
Russian Prime Minister has emphasized, that opinions of direct market participants and also results of work of control bodies concerning observance of the current legislation are not considered in strategy.
According to Zubkov’s words the strategy should be coordinated with the three-year federal budget until 2010.
 

Russian citizens become private proprietors. They get the increasing quantity of every possible property. Insurers like formation of a high-grade class of city inhabitants. They are ready to protect all…on the competitive basis.
The apartment, car, furniture and all rest – in such order is usually cost of property at the average Russian citizens is being estimated. Apartments and cars are already enough densely captured by insurance business.
What about furniture? It is also possible to lose because of a banal fire or theft. But it is possible to insurer it. Insurers very much love room property – they are ready to insurer not only furniture, but also utensils, computers, clothes, carpets, electro household appliances, audio-, photo- and video equipment, and also subjects of use.
The special approach, the truth, is being kept at jewels, subjects of art, antiques, a collection demand – it is necessary to confirm their cost and authenticity, and also to provide special terms of storage.
 

These are the insurance programs owing to which, your favorites can receive veterinary service (by analogy to medical insurance of people), and you will be relieved of financial losses if something bad will happen to your with your pet. Pets’ insurance programs allow insuring house dogs, cats, birds, fishes.
Voluntary animals insurance – is a veterinary service for your pets and insurance in case of their death, loss or illness (animals insure in case of illness, and also death or theft from places of constant stay).
• animals’ insurance at transportation in case of their sudden death;
• animals’ insurance at their export abroad in case of trauma or disease with veterinary services expenses compensation;
• insurance of the responsibility of animals’ owners – insurance of owner’s duty to compensate the harm caused by its pet to health or property of the third parties.
 

Strictly speaking, the insurance broker is an intermediary between the insurant and the insurer. The agent is also an intermediate link, but he works for the insurance company and operates in its interests. And here the broker – is the intermediary right in the sense that though he offers insurance services, he is not connected by labor attitudes with the insurance company. His problem consists in business attitudes between two irreconcilable camps.
In practice the insurance broker is the representative of the insurant. He helps to pick up the company, which meets the requirements of the client, and individual variant of insurance. If the price plays the most important role for you, the broker will find the cheapest insurance. And if you are concerned about the quality, he will explain you comparative advantages of insurers’ offers. Usually brokers are in contact to tens insurance companies, therefore, you should not waste time and ring round insurers looking for the best variant.
Activity of brokers is not limited to sale and selection of insurances. Actually, the essence of their work is a support of the client on all extent of contract validity. And if it is done independently (having wasted a heap of time and nervous cells) it is all the same possible to find the digestible insurance and you will receive the policy and nothing else. You should understand disputable situations from the insurance company in fair, but unequal to fight. it is not a secret how insurers do not like to leave money. For this purpose they have rich arsenal of the most refined receptions and staff of the most tempted lawyers.
The broker, first, will try, using communications in the insurance company, not to lead up a situation to a critical mark. And if the conflict occurred – he will give to you a legal aid.
 

Insurance company “Moscow” insured JSC “Aeroflot – Russian Airlinesâ€? on a full package of real estate risks in Russia and abroad for the sum of 34 million dollars.
Besides, action of the employees’ insurance contract, who are being on short-term business trips abroad, and agreements on voluntary medical insurance of workers of foreign representations and members of their families, has been prolonged.
Also the contract of voluntary medical insurance of workers of foreign representations and members of their families is renewed for 2008. According to the contract, “Moscow” takes up payment of the medical services, foreign representations of Aeroflot, rendered to workers and members of their families.
Insurance company “Moscow” is created in 1993 and specializes on insurance of aviation risks, and it is also engaged in insurance upon accidents, property, motor transport and a civil liability of legal persons.
 

British insurers warn: travel to South Republic is dangerous to your property. A robbery in this country is not a rarity, including with application of the weapon, and suitcases often do not reach hotels – they are being stolen on road. In Czech Republic the record quantity of pocket thefts is fixed. Mountain skiers are most of all traumatized in Austria, and people more often suffer from allergy – from stings of poisonous insects in the countries of Caribbean Region.
Experts from company Norwich Union Travel Insurance, engaged insurance of travelers, have analyzed more than 60 thousand complaints of tourists for 2005 and have come to conclusion: Thailand is the most dangerous resort.
There, as British newspaper Daily Telegraph writes, travelers can collide with such troubles, as food poisoning, larceny, accidents and loss of property. At the same time Ireland, Belgium, Holland, Germany and France are the safest places for vacation.
Let’s notice, that not so long ago magazine Forbes has made the list of the most interesting and attractive resorts of the world. In it, alongside with resorts of islands Anguillas and Maldives, Thailand is recognized as the best vacation spot for fans of cheap tourism.

Shares of British insurance company Prudential have fallen in price on 3 % in spite of the fact that financial parameters, reached by the company in the first half-year, corresponded to analysts’ forecasts. According to the data, published by the company, in the first half-year 2006 the net profit of the insurer has grown on 50 % – up to 449 million pounds sterling (834 million dollars) in comparison with 300 million pounds sterling (557 million dollars), received for first six months 2005.
The share tenders in the USA have come to the end with downturn of leading indexes on the background of corporate news concerning financial reports of insurance company Aetna Inc., chemical concern Dow Chemical Co. and data about a delay of release on the market of new operational system Windows Vista from company Microsoft Corp.
Stock quotes of the third on size of American insurance company Aetna Inc. have decreased on 17 % after data about decrease in net profit on 1 % in II quarter 2006 – up to 389,5 million dollars on the background of costs’ growth, connected with medical insurances service.

 

 

The bureau of insurance history can decrease the level of insurance fraud, but for this purpose it is necessary, that interest to information interchange was shown by the largest players of the market
For instance, two years Andrey and Sergey Maljuginy have received from insurers 12 thousand dollars for a heap of unnecessary scrap metal. The father and the son traded in that beaten machines then made out the annual policy of Obligatory insurance of automobile owners. Then speculators dramatized road and transport incident, showing to inspectors and the centers of examination crashed cars, and necessary documents – to the insurance companies. In total the swindlers have about eighty similar schemes of illegal insurance payment reception. And as soon as market develops, the schemes become more complicated and improved.
In order to struggle with swindle, information interchange between insurers is necessary. So, last week in Ukraine the first specialized bureau of insurance histories – representation of the Russian company Bureau of insurance histories, which renders the services in our market through consulting group “Business-Guarantor”, has started to work on a commercial basis. Unlike bureau of credit histories, which also tried to offer the insurance companies services, the specialized bureau has caused interest in market participants. However, it is not the fact, that it will be transformed into real cooperation. The matter is that the competition compels insurers to concern cautiously in disclosing information on their clients.

Since February credit broker Fosbourne Home will add functions of the insurance agent.
For this purpose the separate company – “Insurance adviser Fosbourne Home” has been created. After signing the agreement with the insurance companies of agency it will sell to clients policies of auto insurance (both second-hand and new cars), and in the long term – the products connected with the mortgage.
However, hypothec insurance is still being developed: the contract of life insurance, for example, can’t be signed without physical examination and brokers are not engaged in it.
It is expected that in the end of the year the company will sell 2 thousand policies a month, half of sales – in Moscow, the rest – in regions. Now the company works with three tens banks and plans to agree with all leaders of the insurance market.
It is not excluded, that in the near future insurance branch of the company will receive the license of the insurance broker and now the company will begin work as the insurers’ agent.