RUSSIA: Moscow and Moscow region leading in e-MTPL sales in 2020

20 January 2021 — Marina MAGNAVAL
In 2020, 17.8 million e-MTPL policies were sold in Russia, thus the share of e-MTPL reached approximately 50% of all sold MTPL policies for the period.

At the same time, the number of e-MTPL policies sold remained practically at the level of 2019, according to the Russian Association of Motor Insurers (RAMI).

In the TOP-15 regions in terms of e-MTPL sales, the leaders are Moscow (9.1% of all e-MTPL sales) and the Moscow Region (5.3%).

"The year marked by the pandemic and restrictions on free movement of people showed us that e-MTPL is a convenient and demanded product for vehicle owners (...) I also note that with a large number of e-MTPL policies being sold, the number of complaints on problems related to their purchase is minimal. Now we are reaching the next level - it is planned to switch to online claim settlement...", explained the President of the RAMI - Igor YURGENS. "We see that insurers are actively developing mobile applications and are planning electronic claim settlement for 2021. Thus, the insurance community is prepared for the next step - in addition to electronic sales, it will be possible to receive the entire range of services online", added the President of RAMI.

Source: RAMI

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