Right on your side Baku, Ionel D. Dima 1.

Agenda: ◊ AVUS Group ◊ Green Card System ◊ ROMANIA - part of the Green Card System ◊ Romanian Motor Third Party Liability Insurance 2.

AVUS GROUP after 1945: Josef Pscheidl - a transport entrepreneur without adequate insurance cover 17 May 1960 – AVUS – Allgemeines Versicherungs-, Unfalls-, Schadensberatungsbüro und Kreditvermittlung, J.Pscheidl KG, registered as “advisor in insurance matters” 3.

AVUS GROUP: 31 branches in 28 countries; total staff of aprox. 500 people; Portfolio: full range of services related to claims settlement. 4.

The AVUS range of services: Handling domestic and foreign claims in all lines of the insurance business Filing of direct or subrogated damage claims Investigations of facts Legal assessment of facts and issues related to foreign cases Mandating and co-ordinating experts for all fields of specialty Insurance fraud: identification and prevention Consulting regarding international activities Auditing 5.

GREEN CARD SYSTEM Belgium1949 Italy1953 Estonia1992 Switzerland1949 Portugal1953 Croatia1992 Czech Republic 1949 Austria1954 Slovenia1992 Denmark1949 Serbia1954 Macedonia1994 France1949 Poland1958 Andorra1996 Finland1949 Hungary1960 Bosnia& Herzegovina 1996 United Kingdom 1949 Turkey1964 Cyprus1996 Greece1949 Romania1965 Moldova1997 Ireland1949 Israel1968 Ukraine1997 Luxembourg1949 Morocco1969 Latvia1998 Norway1949 Tunisia1969 Belarus2003 Netherlands1949 Iceland1970 Lithuania2003 Sweden1949 Bulgaria1971 Russia2009 Slovakia1949 Iran1976 Montenegro2012 Germany1951 Malta1985 Spain1953 Albania

London Bucharest Vienna Baku 7.

London Bucharest 4786 km 2830 km Vienna 3770 km Baku Punta de Tarifa Hammerfest Hammerfest – Punta de Tarifa: 5493 km 5493 km 8.

9. Members of the GC System:46 Multilateral Agreement:34 GC basis:12 Population of Europe:750 Million Population GC System:902 Million No. of vehicles in Europe:360 Million No. of vehicles in GC System:426 Million EU yearly died: EU yearly injured:

Green Card Claims: 2011 – – – – – – Objectives: * Free flow of cross border traffic * Guarantee to victims * Aim of regulations: consumer protection 10.

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Legal basis for jurisdiction Principle/EU Regulation 44/2001 Art. 2/5: - Country of residence of Insurer - Country where the accident occurred - Direct applicability of the regulation - no transposition in national law required 15.

Legal Bases of International Private Law  Hague Convention of 1971 Lex loci delicti commissi (art.3)  National Dispositions in International Private Law  Rome II Regulation (art. 4) applicability of the law in which the damage occurred (par. 1) law of the country in which liable person and victim have their habitual residence (par. 2) closer connection with other country (par. 3) 16.

* Knowledge of the applicable legal system * Language skills * Efficient organization or operational processes * Modern technology * Networked international organization * Financial background Requirements for Correspondents (Green Card) and Representatives (4th Directive) 17.

Unique and coherent System: National Bureaux GC System Guarantee funds Compensation bodies Information Centers Forms of regulations: * Domestic * Bilateral * Multilateral Aim of regulations: CONSUMER PROTECTION 18.

Who is consumer? * Insured * Victim Three pillars: 1. Green Card System  based on existing certificate  deemed insurance cover 2. System of the EU Directives 3. Protection of victims agreement 19.

Aims for the future:  Equal rights for the road users  Real guaranties for victims  One aim – different methods  Road safety  Fraud 20.

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23. The number of claim files notified in 2012 (percentage) The number of claims notified to the handling companies in 2011 and 2012 No. files

ROMANIA Area: 238,391 km 2 Population: 19,042, : accidents - with victims persons - lost their lives persons - severely injured persons - slightly injured accidents - material damages only - indemnities for bodily injuries and demise grew up with 23% - car fleet in Romania: over 5,7 Mil. registered vehicles - 11 Insurers undertakings authorized to carry out TPL insurance business 24.

Romanian MTPL Insurance The compensation limits in the MTPL insurance contract for 2013: - material damages: 1 Million Euro -bodily injuries and demise:5 Million Euro CEDAM – a database of MTPL insurance concluded in Romania.  verify the validity of an MTPL (RCA) insurance policy  view the insurance company issuing the policy 25.

In max. 3 months since the claimant notification’s date: the claim must be settled; >3 months in criminal cases; Sanction: 0,2% penalties per DAY from the indemnity value; Integrated calculation systems for repair costs (Audatex, DAT, Eurotax); Programs for verifying the vehicle’s history and life; Claims assessment: new part for old damaged part; Over authorized repair units / workshops. 26.

27. The only thing that is permanent is change. Heraclitus ( BC), ancient Greek philosopher Without dynamic entrepreneurs willing to take risks, a market economy is inconceivable.

Everything in life has a price that you must pay. The later you pay it, the more expensive it will get. 28.

AVUS Internationale Schadensregulierungen J.Pscheidl & Dr.Pscheidl Gesellschaft m.b.H.& Co. KG A lways up to date V ery reliable U ncomplicated S ervice-oriented 29.