OREANDA-NEWS. The Bank of Russia and the Russian Association of Motor Insurers (RAMI) have signed an agreement on co-operation regarding the protection of insurance services consumers, organisation and holding of joint actions to promote financial literacy of the general public, and communication.

As part of the co-operation, the parties hereto intend to exchange information, including statistical data, and make proposals to each other on the issues arising in the relationships between insurance services consumers and insurance companies.

Besides, the Bank of Russia and the RAMI agreed to collaborate in developing proposals to upgrade the laws of the Russian Federation relating to the protection of insurance services consumers' rights.

Also, the agreement envisages joint working meetings, topical workshops, round tables and other events to discuss the issues of mutual interest in the provision of insurance services.