Cross-border motor claims on the agenda of IIF 2017, in Vienna, on February 15th -...

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Cross-border motor claims on the agenda of IIF 2017, in Vienna, on February 15th

While engineers are imagining the safer self driving cars of the (near) future, 70 people die every day on the European roads in car accidents and 370 are suffering serious injuries, possibly affecting the rest of their lives. It is insurers' task to ease the financial burden put by a fatal accident on the victims' families. In less than 1 week, IIF 2017 will address the most challenging issues of the motor insurance industry, as well as the future trends.

Connected vehicles, driving assisted cars or the eCall facility will definitely help saving lives by reducing the number of accidents. One may think that insurers' role will diminish once drivers will be confronted with a much lower probability of experiencing a car crush. In fact, insurers will have to make an inevitable shift from insurance provider to "road partner" and use the newest digital technologies to shape their capability of offering added value services. Yet, to reach this stage, motor insurance have to first stay in a good financial shape, allowing them to fulfil their present obligations and engage in the race to the future.

According to the European Commission's statistics, drivers with cars registered in another EU country make up to 5% of the traffic, but commit 15% of the speeding offences, many of them leading to deadly car crashes. Handling the cross-border claims is one of the most complex aspects of the motor insurers' claims settling activity, a huge role to play in this respect falling upon the national green card bureaux and their international correspondent body.

Jean ZENNERS, President of the Council of Bureaux will address the cross-border claims issue at IIF 2017 - New challenges for the CEE motor insurance industry. Further details will be put under scrutiny during the interactive panel, together with Sergey RAZUVAN, Executive Director, Green Card Bureau, Russia and Hrvoje PAUKOVIC, Director, Croatian Insurance Bureau.

Close to 100 re/insurance professionals, market supervisors and IT experts from 25 countries have already registered for the 2017 edition of the International Insurance Forum, "New challenges for the CEE motor insurance industry", to take place in Vienna, on February 15th. The full participants list as well as the conference program are available on the event's website.

Richard NATHSCHLAEGER, Managing Director, AUDATEX (Austria), Michael THEILMEIER, GDV, Chairman of Committee for CEE, GEN Re (Germany) and Cees WERFF, President & CEO, CLAIMS Corporation Network (Netherlands) will lead the conference's debates, chairing the event's sections.

IIF 2017 - New challenges for the CEE motor insurance industry is supported by IIS - the International Insurance Society. RECREX is the event's Strategic Partner, while FRISS, EUROINS and NTT Data are supporting the conference as partners.

Registrations are opened on the event's website. Free of charge participation is accepted for regulators, professional associations of insurance undertakings and distributors, consumer representatives and mass media, subject to availability.

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Editor: Daniela GHETU | Published on 09.02.2017

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