Numbers of factitious policies for MTPL (Motor Third Party Liability) is not reduced, on the contrary - is increasing, says Nicholay Zdravkov for Insurance.bg , chairman of the board of the Bulgarian Association of insurance brokers and managing partner of the broker with the largest market share in Bulgaria - I & G Insurance Brokers.

Now even easier to falsify insurance than before the advent of the electronic shelf EISOUKR stickers and limited only to some extent the problem. Worse is that it comes to incorrect entry of new players, and for cases in which previously honest employees and agents shall be decided this extreme measure because of financial difficulties, said Zdravkov.

Before the start of the electronic system did fraud, are not reported and there is delayed reporting policies of the cob. These cases, however, quickly identify, thanks to frequent revisions of the form.

But it is now very easy to do on the computer form and izprintva on plain sheet so that it looks like EISOUKR document. The only limit to the number of bogus insurance is the amount of stickers available to the seller. If fraud were no stickers will grow rapidly, are strong Brokers. However, the revised patches for longer periods of time, so it may take 3-4 months and before you establish fraud.

"One of the goals of the system was to solve the problem of fake insurance policies, allowing people to instantly check the validity of the policy through the site of the Guarantee Fund. However, users still have the culture of this check, and found no reason to doubt people, who for years have bought insurance that will now give them false. With worsening economic situation, however, are financially unstable, severely squeezed and some fail to keep their morale, "said Zdravkov.

Such cases are everywhere - from the front offices of insurers through agents, brokers to employees.

The question is whether insurance companies and brokers themselves, responsible for yourself, you will be able to control the firm and its employees. Although it may sound heretical, and the outcome is strengthening requirements for licensing and supervision of any intermediaries - and the brokers and agents believe Zdravkov. He gives the example of the supervisory authority in Serbia, which requires an annual business plan from any insurance broker. Agents do only at home are exempt from any licensing and tested only by the insurer for whom they work. As entities that accumulate funds and may harm the interests of consumers of insurance agents around the world are experiencing the supervisory authorities have robust and minimum guarantees.

Source: insurance.bg