emerged in the automotive market revival. In July, sales of automobiles increased by 15% compared to the previous month. But in the motor insurance market seen falling fees and skewed the market toward low-cost insurance products that provide a lot of exceptions in the payment.
According Gosfinuslug, declining payments for the insurance was the largest among all types of insurance - more than 20%. At the same time, insurers and the regulator has swept a wave of complaints of dissatisfied customers on low-quality service and delays in payment. Companies разводÑÑ‚ hands, say, the money frozen in accounts of banks.
However, most smart
insurers have learned to derive benefit from this situation. Despite all the assurances of experts that the crisis will cleanse the market from dumping, the reverse reaction - a desperate insurers reduce rates in the hope of receiving even a small stream of insurance proceeds. For many it is, but the pitfalls of new treaties customer learns only after the insured event.
On the one hand, it is impossible to reduce tariffs in order to prevent twisting in the car with payments. But price competition is very severe. Some companies do not make payments, hoping to retain customers that have not had an accident, and by lowest fares to find new replace disgruntled payment. Such actions undermine the motivation of the insurers of other sellers of insurance companies , - said Elena Masharo, Vice President of SC ASKA .
Insurers say that dumping will soon trace companies promoting cheap products. Average insurance premiums grew by 20%. And the impact of exchange rate could push up prices for auto parts. Since the IV quarter of last year, prices for the repair of vehicles has increased. In some cases, increasing to 30-40%. This was due primarily to the increase in the exchange rate. Some dealers are taking advantage of the situation, bills for the parts with an additional 10 — 20% наценкой-term price risks. It was not until this year, prices have stabilized a bit. However, we have the average amount of insurance avtokasko is not changed by virtue of a good partnership with some service , - told Basil Duzhak, Director of Organization and Development Network Sales SK Rom Ukraine.
On the other hand, the number of insurance claims declined. Customers say about 20% less damage, especially small ones. This is probably due to the fact that in November last year significantly increased the amount of fines, which many drivers have become more cautious, - added Duzhak.
Note
insurers and the positive results of restructuring the business, which is in crisis were forced to undergo many companies. We have since last August have started to restructure the portfolio, technology, insurance. In the past year, we have deliberately stopped the activities of several units, and six months to pay reparations for the contracts concluded by these units. We went to clean the portfolio deliberately stopped taking new payments and maintenance of the risks that have been in our portfolio, - told Alexander Mikhailov, the Ukrainian predpravleniya fire insurance company.
Reduce payments by insurance associated with the termination of credit for the purchase of automobiles. The banking channel in the past years has given the domestic market to 70% of sales. After reviewing the lists of accredited UK banks, many companies lost their main channel of insurance proceeds. In the winners were the insurers, whose financial security is not in doubt among bankers - mostly companies with foreign shareholders.
Despite the fact that banks are significantly reduced car loans, the banking channel continues to be one of the main sales channels. However, if you have a bank offers its customers a choice of a long list of insurers, now reduced to a list of two or three companies. If we talk about other channels, we see a 5% fall in earnings for the agent and direct sales , - said Duzhak.
There are companies that have decided to abandon the bank sales channel. We focus on your own network. There is a bank channel, but sales through it is substantially less, and they are carried out mainly in the regions. We offer equal treatment to all who want to work with us - is, someone finds some possible reduction of the cost by its own committee, who do not want to - does not work , - explains Mihajlov.
The bankers also are trying to gain from cooperation with the insurers is not only beneficial for the borrower, but also rewards, which have recently increased substantially. Even those banks that previously did not require commission, start to demand it at the re-insurance contract. For example, a year ago, when the contract with the customer, banks are simply smothered the insurers that they have smaller rate, and the conditions better. Now, banks want to re - we have a contract and require the commission, although the rate is fixed, because many contracts were for the entire term of the loan. And if the UK did not agree to such conditions, the customer is transferred to another insurer. Less than a 20-25% commission bankers do. and willing to insure customers Under such conditions, many , - complains Masharo.
A positive factor in the market of black gold is the revival of positive sentiment on the stock sites
FAS fined MOESK by 45 million rubles for the unjustified refusal of residents to the grid tehprisoedineniya Naro-Fominsk district
The sharp decline against the backdrop of a significant strengthening of the U.S. currency - to the world oil market yesterday
Economic data has not yet been given the opportunity to make explicit findings that the fracture has occurred, and the U.S. economy began to grow again
U.S. futures indices are traded in the zero
Capital investments in Ukraine, I pol.-2009 decreased by 43.3%
Recommendations on the stock market: LUKOIL, MMC Norilsk Nickel, Rostelecom, Gazprom, Mosenergo, Surgutneftegaz, Sberbank
Russian blue chips are mostly in the black, the leaders of growth - VTB shares (4.63%) and OGK-4 (4.38%)
Rebound up very little - on the MICEX index was unable to rise even before yesterday's morning gepa
CASCO goes down
emerged in the automotive market revival. In July, sales of automobiles increased by 15% compared to the previous month. But in the motor insurance market seen falling fees and skewed the market toward low-cost insurance products that provide a lot of exceptions in the payment.
According Gosfinuslug, declining payments for the insurance was the largest among all types of insurance - more than 20%. At the same time, insurers and the regulator has swept a wave of complaints of dissatisfied customers on low-quality service and delays in payment. Companies разводÑÑ‚ hands, say, the money frozen in accounts of banks.
However, most smart
insurers have learned to derive benefit from this situation. Despite all the assurances of experts that the crisis will cleanse the market from dumping, the reverse reaction - a desperate insurers reduce rates in the hope of receiving even a small stream of insurance proceeds. For many it is, but the pitfalls of new treaties customer learns only after the insured event.
On the one hand, it is impossible to reduce tariffs in order to prevent twisting in the car with payments. But price competition is very severe. Some companies do not make payments, hoping to retain customers that have not had an accident, and by lowest fares to find new replace disgruntled payment. Such actions undermine the motivation of the insurers of other sellers of insurance companies , - said Elena Masharo, Vice President of SC ASKA .
Insurers say that dumping will soon trace companies promoting cheap products. Average insurance premiums grew by 20%. And the impact of exchange rate could push up prices for auto parts. Since the IV quarter of last year, prices for the repair of vehicles has increased. In some cases, increasing to 30-40%. This was due primarily to the increase in the exchange rate. Some dealers are taking advantage of the situation, bills for the parts with an additional 10 — 20% наценкой-term price risks. It was not until this year, prices have stabilized a bit. However, we have the average amount of insurance avtokasko is not changed by virtue of a good partnership with some service , - told Basil Duzhak, Director of Organization and Development Network Sales SK Rom Ukraine.
On the other hand, the number of insurance claims declined. Customers say about 20% less damage, especially small ones. This is probably due to the fact that in November last year significantly increased the amount of fines, which many drivers have become more cautious, - added Duzhak.
Note
insurers and the positive results of restructuring the business, which is in crisis were forced to undergo many companies. We have since last August have started to restructure the portfolio, technology, insurance. In the past year, we have deliberately stopped the activities of several units, and six months to pay reparations for the contracts concluded by these units. We went to clean the portfolio deliberately stopped taking new payments and maintenance of the risks that have been in our portfolio, - told Alexander Mikhailov, the Ukrainian predpravleniya fire insurance company.
Reduce payments by insurance associated with the termination of credit for the purchase of automobiles. The banking channel in the past years has given the domestic market to 70% of sales. After reviewing the lists of accredited UK banks, many companies lost their main channel of insurance proceeds. In the winners were the insurers, whose financial security is not in doubt among bankers - mostly companies with foreign shareholders.
Despite the fact that banks are significantly reduced car loans, the banking channel continues to be one of the main sales channels. However, if you have a bank offers its customers a choice of a long list of insurers, now reduced to a list of two or three companies. If we talk about other channels, we see a 5% fall in earnings for the agent and direct sales , - said Duzhak.
There are companies that have decided to abandon the bank sales channel. We focus on your own network. There is a bank channel, but sales through it is substantially less, and they are carried out mainly in the regions. We offer equal treatment to all who want to work with us - is, someone finds some possible reduction of the cost by its own committee, who do not want to - does not work , - explains Mihajlov.
The bankers also are trying to gain from cooperation with the insurers is not only beneficial for the borrower, but also rewards, which have recently increased substantially. Even those banks that previously did not require commission, start to demand it at the re-insurance contract. For example, a year ago, when the contract with the customer, banks are simply smothered the insurers that they have smaller rate, and the conditions better. Now, banks want to re - we have a contract and require the commission, although the rate is fixed, because many contracts were for the entire term of the loan. And if the UK did not agree to such conditions, the customer is transferred to another insurer. Less than a 20-25% commission bankers do. and willing to insure customers Under such conditions, many , - complains Masharo.
A positive factor in the market of black gold is the revival of positive sentiment on the stock sites
FAS fined MOESK by 45 million rubles for the unjustified refusal of residents to the grid tehprisoedineniya Naro-Fominsk district
The sharp decline against the backdrop of a significant strengthening of the U.S. currency - to the world oil market yesterday
Economic data has not yet been given the opportunity to make explicit findings that the fracture has occurred, and the U.S. economy began to grow again
U.S. futures indices are traded in the zero
Capital investments in Ukraine, I pol.-2009 decreased by 43.3%
Recommendations on the stock market: LUKOIL, MMC Norilsk Nickel, Rostelecom, Gazprom, Mosenergo, Surgutneftegaz, Sberbank
Russian blue chips are mostly in the black, the leaders of growth - VTB shares (4.63%) and OGK-4 (4.38%)
Rebound up very little - on the MICEX index was unable to rise even before yesterday's morning gepa