Iran Central Insurance hails successful plan unknown to brokers
Tehran, Iran, October 15
By Mehdi Sepahvand - Trend:
The Central Insurance of Iran has announced that it has succeeded in implementing a plan to issue what it calls a “unique code” for third party insurance policies, but insurance brokers and agents seem to know nothing about this new feature.
Qassemi Nemati, CEO of Central Insurance for IT said that since the implementation of the plan, implying September 23.1 million insurance policies had been provided with these codes.
However, insurance agents seem to know nothing about this code. Trend called a few of these agents and asked what the code is and what it does. The answers were that they had not heard such a thing.
Nemati has said that a directive was sent to all agents and brokers before September 23 that required them to use these unique codes.
Authorities have said the unique codes will serve “preventive supervision”, a term vague enough by itself.
No one in the Central Insurance was available for a comment.