The outlook of the insurance provider B NELVA-PASQUAL – June 2010.

Slides:

Advertisements

Similar presentations

From idea to competitive enterprise. 2. Mission To strenghen enterprise and competitiveness in companies through risk financing and business development.

Advertisements

Unit 11 Insurance North Carolina Driver and Traffic Safety Education Association 1 INSURANCE UNIT 11.

G1 © Family Economics & Financial Education – Revised February 2009– Transportation Unit – Automobile Insurance Funded by a grant from Take Charge.

Why We Need Insurance Philip Holdway-Davis Underwriting Manager

Auto Insurance. Insurance Basics Insurance is a way of planning for the unknown Why do we need auto insurance? Accidents can be VERY expensive.

CLAIMS SETTLING WITHIN AND OUTSIDE THE EUROPEAN UNION.

A national approach to motorcycle safety Eric Thiollier FFMC General Delegate (France)

Car Stuff. Auto Insurance – Basic Types Bodily injury liability: –Pays for injuries you cause to someone else. This is usually required. Property damage.

MINIMUM LIMITS OF INSURANCE The limits in Turkey for 2014 are as follows: Property damage: EUR ( TL.) per vehicle and EUR ( TL.)

Slide 1 EU Motor Insurance Directive 2009/103/EC Eelke POSTEMA European Commission EESC, 24 June 2010.

Motor Vehicle Insurance Section Understanding Business and Personal Law Motor Vehicle Insurance Section 16.2 Owning a Vehicle What You’ll Learn.

Managing Risk at Your Post The Post Insurance Program Administered by Lockton Risk Services.

1 Topic 13: Insurance Terms  Self-insurance: business creates fund to pay own losses Toasters and cell phones Your credit score impacts your cost of insurance.

Chapter 33 Vehicle Insurance pp Introduction to Business, Chapter 33 Slide 2 of 60 Why It’s Important Most states require you to have some form.

1. Comprehensive Coverage – includes all physical damage losses except collision and other specified losses. Usually includes.

Value Added Services Stewart Wood Membership Scheme Loyalty Partners.

Homeowners and Auto Insurance

Insurances. Insurance Insurance, is a form of risk management primarily used to hedge against the risk of a contingent loss. Insurance is defined as the.

SEM Explain the need for sport/event insurance. Conduct a risk assessment of an event.

REVISION OF INSURANCE IN GROUPS OF THREE COMPETITION.

Learning to Drive If you were a car, what would you be and why?

Stock Market Analysis and Personal Finance Mr. Bernstein Motor Vehicle Insurance, pp June 8, 2015.

Insurance Basics Sharing the Risk.

Lines of Insurance What They Are and Why They Are Important Created in part by The Texas Department of Insurance.

Insurance and Managing Risk Chapter 13 Business Risks Loss of property and stock and cash caused by – Fire – Theft – Flooding, etc. Financial loss caused.

Insurance Annie’s Project January 30, 2007 Coweta Oklahoma.

© Annie Patton Insurance Part 2 Next Slide. © Annie Patton Aim of Lesson Students learn about the different types of insurance and the circumstances each.

Business Insurance Types of Business Insurance Theft Insurance: theft of equipment and stock Fire Insurance: damage to premises, equipment and stock.

Unit Six Insurance: Your Protection. Questions to be Answered: Why have insurance? Why have insurance? What is risk management? What is risk management?

Corporate Training. What is Insurance? Insurance is the means by which risk is transferred by a person or a business (insured) to an insurer. The insurer.

Vehicle Insurance Chapter 38. Economic Risks of Owning a Car Risks – Accident Damage to yourself Damage to your vehicle Damage to others Damage to others.

Chapter 8 In-Class Notes. Background on Insurance and Managing Risks Types of insurance Property insurance (auto and home insurance) Health insurance.

Insurance Jeopardy AutoInsuranceHomeownersLifeHealth

Automobile Insurance Managing the Risk G1 © Family Economics & Financial Education – Revised November 2004 – Transportation Unit – Automobile.

Automobile Insurance Managing the Risk G1 © Family Economics & Financial Education – Revised November 2004 – Transportation Unit – Automobile.

Intensive Actuarial Training for Bulgaria January 2007 Lecture 5 – General Insurance Overview and Pricing By Michael Sze, PhD, FSA, CFA.

Insurance Terms Business Essentials. Term Insurance An insurance policy that provides coverage for a limited period, the value payable only if a loss.

Meeting with the Romanian Motor Insurers’ Bureau Bucharest 19 th August 2004 Ulf Lemor.

AUTOMOBILE INSURANCE Chapters 33 autoquiz_DSL.wmv.

VEHICLE INSURANCE. Why It’s Important Most states require you to have some form of vehicle insurance. To get the best value, you need to know the choices.

Insurance Take Charge of Your Finances G1.

© 2011 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

Roumen Galabinov Chairman. Currently about 8% of the 3.6 million homes in Bulgaria are insured against natural disasters as earthquakes and floods. Although.

Types of Household Insurance. Distinguish between Insurance Protection against a loss you hope will not happen. Eg. car accident. Assurance Protection.

Training Exercise What are we going to do? Who is going to be trained? What rules are we going to have? How step goes in exercise?

Managing the Risk G1 © Family Economics & Financial Education – Revised February 2009– Transportation Unit – Automobile Insurance – Slide 2 Funded.

ACQUIRING COMPETENCE TO PROTECT THE CONSUMER

 The forecasting and evaluation of financial risks  Identification of procedures to avoid or minimize their impact. Goals: ▪ Avoid or minimize losses.

Insurance. Types of household insurance  Life assurance  Home insurance  Motor insurance  Personal insurance  Travel insurance.

Ch. 18 Insurance Law Pages 318 – 339 Insurance Fundamentals Property and Casualty Insurance Life and Social Insurance.

Insurance. Key terms  False economy  Questioning periodic payments, that are not compulsory  something better to spend money on  BUT if a loss did.

General Liability Insurance Tammy Hicks. Part 1: Liability Insurance Overview  What is Liability Insurance?  Who is covered under the Board’s Insurance.

There are many ways to save money with your auto insurance and it is worth exploring every option out there. Auto insurance is a good place to look for.

INSURANCE TYPES AND CHARACTERISTICS. WHAT IS INSURANCE? We have insurance because life is full of different risks. Insurance – an agreement between an.

EXPLORING YOUR FINANCIAL PRIORITIES Disability Protection Presented by: [name], [title]

Slide 1 EU Motor Insurance Law DG MARKT, Insurance and Pensions Unit IRU Round table on the rights of passengers in bus and coach transport in the EU Brussels,

Transportation Presentation Coverage Needed for Posts

Risk and Business Continuity Manager

Questions to Consider What is the difference between Insurance and assurance? Please use an example in your answer. Explain the 5 principles of insurance?

When should I hire a workers’ compensation lawyer?

Automobile Insurance Managing the Risk.

Identifying Business Risks, pp , and

Car Insurance by Select Insure - Insurance Broker and Claims Specialist at Melbourne

* Take Charge of Your Finances G1

Automobile Insurance Managing the Risk.

Automobile Insurance Managing the Risk.

Managing Risk at Your Post

Automobile Insurance Managing the Risk.

Presentation transcript:

The outlook of the insurance provider B NELVA-PASQUAL – June 2010

La Mutuelle des Motards Motorcyle insurance How « the risk » is changing Insurance solutions The outlook of the insurance provider

Created by and for the motorcycle riders in 1983, thanks to the FFMC ( riders founder members) Aim : to make easier access to motorcycles by offering the most adapted insurance cover No shareholders : profits benefit insured riders Today : insured riders motorcycles 430 employees 100 volunteers La Mutuelle des Motards

What can the insurance policy cover ? third party : cover injury caused by the at-fault driver, most of the time compulsory, with limits depending on country laws. Third party property is compulsory too in Europe and Canada but not in Australia Motorcycle damages : in case of accident, fire and theft or natural event The rider : personal cover (not compulsory, except in some Australian States), riders equipment, legal aid, assistance A question of frequency and severity Motorcycle insurance

Riders are changing : The motorcycle as a way to avoid traffic jams and pollution : a new population of riders Riders are getting older New riders acting as consumers : price competition, web site quotations, law Risks are changing : Accident frequency has decreased in the last 10 years Cost of injury claims has increased New « professionnal » riders (taxi, rental, messenger) How the risk is changing – French example

In a situation where : The EU is modifying capital rules for insurance companies (2013): insurance rates are likely to increase in the future Market competition leads to « good risk hunting » : insurers use more and more factors to select risk -> Insurance rates for beginners could increase in the future.

Associate training and insurance cover : to promote and adapt training to situations, equipment, to direct beginners to suitable motorcycles Money is not enough : to aid victims (psychological support, counselling services to adapt their home, to return to work) New technologies : web, ITS Adjust insurance cover to professionnals Insurance solutions in France