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XPRIMM News NEWS ALERT February 12th, 2014

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NEWS ALERT
February 12th, 2014
 
 
            IIF 2014 - Motor Insurance - The Road Towards Profitability - Istanbul, Turkey, April 6-7, 2014

NEWS ALERT

Mariusz W. WICHTOWSKI, Keynote Speaker at "IIF 2014 ?€“ Motor Insurance ?€“ The Road Towards Profitability"


mariusz_wichtowski1"The combined ratio in MTPL is one of the biggest problems in many countries, and in many cases is close or even higher than 100%. However, there are also examples showing that it is possible to have claims ratios of 90% or even better than that and this is the direction we should all go," Mariusz W. WICHTOWSKI, President of CoB, stated in a interview for XPRIMM following the 2012 edition of IIF-Motor Insurance Conference. Two years later, the situation is not much different, although certain steps towards a better profitability in motor insurance have been taken.

Mariusz WICHTOWSKI will give a Keynote speech on the current status and main issues on the Green Card insurers' agenda at the 2014 edition of the IIF 2014 ?€“ "Motor Insurance ?€“ the road towards profitability", which will take place in Istanbul, on April 6th-7th, 2014.

In this context, transferring the best practices towards the emerging markets, with the aim of improving the markets?€™ sustainability, remains a top priority. Thus, the forthcoming edition of the event will once again provide the perfect opportunity to analyze and identify the best options for increasing profitability in motor insurance, including the claims control.

Mariusz W. WICHTOWSKI - Short bio

Lawyer by training, Mariusz W. WICHTOWSKI was elected as President of CoB in May, 2010, thus becoming the first Central & Eastern European to be elected to this key responsibility. Since 2000, he is also Chairman at Polish Motor Insurers Bureau. Prior to his election, he was already a member of various committees of the Council of Bureaux and the chairman of its Monitoring Committee.

WICHTOWSKI started his professional career in September 1979 at the Poznan Branch Office of WARTA Insurance and Reinsurance Company, where he acted as Head of Department for assessing claims in the Blue and Green Card Systems. From 1996 to September 2000, he was the Chairman of the Supervisory Board of the Polish Motor Insurers?€™ Company and from 1996 to 2005 he was simultaneously Member and subsequently Chairman of the Supervisory Board of the Insurance Guarantee Fund.

Mariusz W. WICHTOWSKI published many articles about civil liability in respect of the use of motor vehicles and insurance law in Poland. For many years, he also took an active role in the legislation process serving as a Member of the Council on Financial Market Development under the Minister of Finance of the Republic of Poland.

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