Right on your side

Baku, 21.06.2013 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  Belgium 1949   Italy 1953   Estonia 1992  Switzerland 1949   Portugal 1953   Croatia 1992

  Czech Republic

1949   Austria 1954   Slovenia 1992

  Denmark 1949   Serbia 1954   Macedonia 1994

  France 1949   Poland 1958   Andorra 1996  Finland 1949   Hungary 1960   Bosnia&

Herzegovina1996

  United Kingdom

1949   Turkey 1964   Cyprus 1996

  Greece 1949   Romania 1965   Moldova 1997  Ireland 1949   Israel 1968   Ukraine 1997  Luxembourg 1949   Morocco 1969   Latvia 1998  Norway 1949   Tunisia 1969   Belarus 2003  Netherlands 1949   Iceland 1970   Lithuania 2003  Sweden 1949   Bulgaria 1971   Russia 2009  Slovakia 1949   Iran 1976   Montenegro 2012  Germany 1951   Malta 1985        Spain 1953   Albania 1992  

 

 

6.

London

Bucharest

Vienna

Baku

7.

London

Bucharest

4786 km

2830 km

Vienna3770 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: 50.000

EU yearly injured: 150.000

Green Card Claims:

2011 – 371.2712010 – 381.3532009 – 345.7462005 – 342.9632000 – 447.3611999 – 291.730

Objectives:* Free flow of cross border traffic* Guarantee to victims* Aim of regulations: consumer protection

0

50

100

150

200

250

300

350

400

1999 2005 2009 2010

292 343 346

381

10.

11.

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

12.

13.

14.

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 SystemGuarantee funds

Compensation bodiesInformation 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.

21.

22.

23.

The number of claim files notified in 2012 (percentage)

The number of claims notified to the handling companies in 2011 and 2012

No.

file

s

• ROMANIA Area: 238,391 km2

Population: 19,042,936

2012: 26.650 accidents - with victims

2.018 persons - lost their lives 8.768 persons - severely injured 24.728 persons - slightly injured

67.380 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 7.000 authorized repair units / workshops.

26.

27.

The only thing

that is permanent is change.Heraclitus (535-475 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

SchadensregulierungenJ.Pscheidl & Dr.Pscheidl Gesellschaft m.b.H.& Co. KG

Always up to date

Very reliable

Uncomplicated

Service-oriented

29.