ROSNO Direct OMTPL Loss Settlement System Demonstrates Its Efficiency
OREANDA-NEWS. March 16, 2010. In 2009, ROSNO settled 1859 insured accidents using the direct OMTPL loss settlement procedure, reported the press-centre of ROSNO.
The new OMTPL rules introducing the right of choice for the aggrieved party to apply for compensation either to the guilty party’s insurer or to his or her own insurer became effective on 01 March of the previous year.
In total, in 2009, ROSNO registered 2676 applications for direct loss settlement, accounting for 4% of the total amount of OMTPL losses. Of the above amount, 1859 insured accidents had been settled by the end of the year (some of the December applications were settled in January). In 12% of cases, ROSNO received refusals from other insurers to pay under the submitted applications. The most widespread reason for such refusals has been the incomplete information in the reference certificate No.748 (to be completed by the road police at the traffic accident scene).
"The direct settlement mechanism is, undoubtedly, attractive for the client, yet, unfortunately, it turns to be inconvenient in certain cases due to the large number of refusals on the part of the guilty parties’ insurers. Yet, the situation in this respect is changing. Since 25 December, the requirements as to the issuance of the reference certificate No.748 were lowered, and, consequently, we expect the share of refusals made due to this reason to decrease", comments Mr. Sergey Petrov, head of the Department of Analysis and Prospective Development of OJSC IC ROSNO.
The trust and interest towards the new scheme for settlement of OMTPL insured accidents grew already by the end of the year. Thus, in December 2009, the share of directly settled losses increased to 17% of the total amount of OMTPL losses. The applications for direct loss settlement with ROSNO are most actively submitted by insurants residing in Moscow, St. Petersburg, Nizhny Novgorod, and Yekaterinburg.
Комментарии