Some New Insurance Companies to Start Operation
Some New Insurance Companies to Start Operation
Head of Bimeh Markazi (Central Insurance) Company says the climate for competition for all insurance companies is prepared and some new companies are to step into the market this year.

Some New Insurance Companies to Start Operation

IRAN NEWS ECONOMIC DESK

TEHRAN – Head of Bimeh Markazi (Central Insurance) Company says the climate for competition for all insurance companies is prepared and some new companies are to step into the market this year.

Speaking in the board of directors of the company, Golamreza Soleimani said that the competition climate has been provided for all insurance companies but those companies which have smartized their systems and offer e-insurance services have better chance to succeed in this market.

He also said after the outbreak of Coronavirus in the country, all economic equations have been disrupted and this crisis can also have its effect on the performance of the insurance industry.

He then detailed the measures and actions of the insurance companies in fight with Coronavirus, and commemorated memories of victims of insurance industry.

Soleimani also pointed to the role of insurance industry in year of “production Leap”, adding that the industry should help production with full strength and it also should focus on its own job for expanding insurance penetration rate in the society.

He noted that the company has issued licenses for new insurance companies, adding that it will boost competition in the insurance industry, reiterating that this industry is ready to cover insurance for quality of products and other services related to the production sector.

Soleimani reiterated that promoting the culture of insurance in the society is the most important mission of insurance industry, adding that if the public relations of insurance industry become more active and act with more coordination, achieving sublime goals of the industry will not be far-fetched.