Insurance News - auto insurance, health insurance quotes

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.

Insurance fund is the main attribute of insurance medicine. It is formed due to obligatory deductions of wages working, deductions of employers’ profit, state grants and welfare funds.
Hospital cash departments
The previous Minister of Health of Ukraine has come out with the assumption, that 2-3 years will be required for introduction of insurance medicine in Ukraine.
Figures
It is planned, that in a year 15,573 billion UAH will be spent on maintenance of medical insurance.
In Ukraine already the first experiences of application of insurance medicine appear. Hospital cash departments may be considered as one of its prototypes. They quite successfully work in many cities of Ukraine. But it is the form of voluntary medical insurance. If to speak about obligatory medical insurance, it is worth of mentioning that talks on its necessity have started already in the beginning of 1990 - so long before occurrence of 49-th clause of the Constitution, Ukraine guaranteeing to all citizens free-of-charge health services. In 2002 the first bill about the state social medical insurance has appeared. Later six more bills, offering to enter obligatory medical insurance, have been submitted. But all of them have remained just projects. Next, these days already the eighth bill On obligatory state social medical insurance has been registered. On the basis of Fund of social insurance on time loss of working capacity the project offers to carry out services of obligatory medical insurance. Introduction of an innovation is planned for January, 1st, 2009.
Expenses for rendering of medical services will be guaranteed by the employer (4,2 % from fund of a payment) and local enforcement authorities, and clients will pay insurance payments regarding a covering of expenses for material maintenance and social services of the Fund.

What is insurance medicine?
Treatment, even in the developed countries, is quite expensive and not everyone can pay for it. In order to make it more accessible institute of insurance medicine has been created.
The insurance medicine is a form of public health services organization, which provides obligatory state insurance upon illnesses in combination to private medical practice and private medical institutions. Such system of the organization of medicine allows putting a payment of medical staff and incomes of medical establishments in direct dependence on quality of treatment and diagnostics. And thus, from the financial point of view, reception of qualitative medical aid is accessible to the majority of citizens.
The insurance medicine means medical insurance which, in turn, can be obligatory or voluntary. The world practice confirms that a basis of insurance medicine is obligatory medical insurance. Its purpose is to guarantee reception of medical service due to the saved up means in the insurance case.

Rate of growth of the Ukrainian insurance market of will make 20-25 % and by 2010 will make nearby $2 billion, developing basically due to corporate insurance, which share in total amount of premiums will increase.
According to research backlog of the Ukrainian economic development from Russian makes about 3-4 years. But, tendencies of economy development are identical. The lead analysis has shown a number of factors, which define development of economy, the main role in which is played by the formed youth - in Ukraine and Russia this share makes about 23 %.
Development of insurance business in Russia is defined by consumer behavior of the population - ability to offer the consumer necessary service under the comprehensible prices and includes a number of stages. On a way of purchase of insurance service the insurant all over again should be frightened, then understand, that insurance service is necessary to it, the insurer should be reliable, and cost of insurance should be economically proved. Having passed these stages, the insurant becomes the happy owner of insurance policy.
The structure of insured risks of the population has not changed in 2006-2007 among which there is a risk of road accident, fire and a robbery of habitation. But, on the other hand, researches show, that within 2006 sensitivity risks among the population has noticeably decreased and it is connected with information policy of TV and mass-media which began to give less attention to violence. For the majority of people insurance becomes the basic tool of protection against every possible risk and the number of those people, who consider insurance as waste of money, decreases. So, comprehension of threat leads the consumer of necessity of a choice of means of protection and consumers will prefer insurance to other ways of protection only in case of the positive attitude to service.
The unique essential factor of growth of the market is updating motor-vehicle pools of the population and the enterprises.
The insurance companies have all some opportunities to affect consumer behavior. Elasticity of demand for service depending on its cost is the most essential factor. Within 2004-2007 interrogations of the population have revealed following interrelation - 50 % difference between quantity of the consumers knowing the insurance company and using its services, leads to that within a year the client base of the insurer increases approximately for 25 %. Besides, researches show that satisfaction of consumers with service in the insurance company can attract additional clients.

The president of Association of insurers of Armenia has complained to journalists that consular services of some the countries of the Europe subject to discrimination measures of the Armenian insurers.
He has named embassies of Germany, France and in some cases of Italy as an example.
According to his words, since last January some clients of the insurance companies of Armenia have started to address to insurers at whom they have got policies from accidents and sharp diseases. They complain that embassies of the Schengen zone refuse to recognize the validity of policies and require get policies of the foreign companies for reception of the entry visa.
According to the president of the Association, similar requirements have not only material, but sound mental cruelty, undermining the development of the insurance market of Armenia.
Recognizing some lacks of work of the national insurance market, president of the Association has told about new contacts between insurers of Armenia and the European countries.
President of the Association has declared that the new practice of non-recognition of policies of the Armenian insurance companies by consular services of the countries of the Schengen zone is included into the full contradiction both with the purposes of development of economy of Armenia, and with the current legislation of Armenia. In particular, as the chapter of association has noted, the Law on insurance and the Civil Code of Armenia forbid sale of policies of the foreign states and those not licensed organizations, which sell them today to these embassies, actually fall under action of the Criminal code.

Aon Corp’s experts believe that this year the companies, rendered services of insurance to airlines, will suffer losses for the first time since 2000. Agency Bloomberg shows the data of the monthly report of the company and proves that the sum of insurance claims will make not less than $1,53 billion in 2007 in comparison with premiums at the rate of $1,46 billion. Last year insurers have collected premiums for the sum of $1,69 billion, in 2005 - $2,04 billion.
Reduction of premiums is caused, in particular, by falling of the prices because of competition increase. As the head of a department of aerospace insurance Aon marks, the aviation branch is still much safer, than was ten years ago, that has led to essential reduction of premiums in January-September of this year. Aon takes the second place on size in the world among insurance brokers (after Marsh McLennan Cos.), and it is engaged in management of risks and consulting.
 

British tourist insurance company InsureandGo has entered new service - a covering of the charges connected with terrorism consequences. Here medical charges, indemnification for loss of personal things and delays of transport in case of act of terrorism are included. It is the new and unique offer in the market of tourist services of the country. Necessity of a similar step has ripened after acts of terrorism in London, Egypt and to Bali.
Insurance companies have criticized that they did not provide the reimbursement in case of act of terrorism: insurers refused to compensate the charges suffered by tourists or to return money in case of canceling the trip. As the representatives of company InsureandGo have noted, the terrorism, unfortunately, became an integral part of people. Some companies exclude acts of terrorism from the insurance cases, but InsureandGo will get rid of it and make these cases a part of their services. As it has become known, other companies also deliberate above indemnification at least the medical charges suffered by victims of acts of terrorism.

Yasuda Mutual Life Insurance Company has been created in 1888 and was the first insurance company, which carried out fire insurance. Authorized capital of the company makes 58,4 trillion of yens, the Company possesses 520 offices in the country and 37 abroad. In total the staff makes about 12413 workers. The Company offers all kinds of life insurance, and also following kinds of insurance:
Insurance services for companies:
Automobile insurance
Obligatory automobile insurance of a civil liability
Fire insurance
Boilers and the machine equipment insurance
Trade credit insurance
Commercial risks insurance
Packing insurance
Criminal risks insurance
Insurance of farms
Public liability insurance
Professional responsibility insurance
Insurance of glass
Internal sea transportations insurance
Private property insurance
Financial risks insurance
Insurance of physical persons:
Motor insurance
Casualty insurance 
Private property insurance etc.
Reinsurance Company The Toa Fire and Marine Reinsurance
The Japanese market of reinsurance plays the important role for the country as Japan concerns to the countries with the raised probability of insurance case approach. It concerns first of all risks of catastrophic disasters as Japan is a place, where typhoons happen annually from August till November. Besides, it is located in seismically dangerous region.
The largest and unique Japanese reinsurance company of the general structure “The Toa Fire and Marine Reinsurance Company, Ltd.” has been created in 1940. Till this time missing reinsurance Japanese companies received a covering in Lloyd’s of London and in others European reinsurance companies. However, eventually there were heavy political circumstances, which interfered with reception of reinsurance coverings at Lloyd’s of London. Then all the Japanese insurance companies (at that time them it was totaled 42) have decided to create own reinsurance company. The company referred to “Toa Fire and Marine Reinsurance Co., Ltd.”

Many of us agree that offered insurance measures will raise the price of building objects, however, some people offer ready, tested on practice, recipes of how to minimize this increase of the price.
In France and Italy such insurance, as well as insurance upon the latent constructive defects, is obligatory. There is a number of the countries, where insurance of the responsibility is obligatory, somewhere - only constructive defects. Unfortunately, last kind of insurance is not developed in Russia. And meanwhile insurance of available object upon destruction, damage, impossibility of its use to destination in result of defect, which has not been revealed at a stage of spent inspections, is extremely important, and should be introduced it in the future. At such insurance the contract is being signed after signing the certificate of acceptance of object and comes to an end 10 years later.