Page 7 - Turkinsurance Digital Magazine

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Technological improvements and

digitalization keep going beyond the

ordinary in the business world

Maurizio Pescarini, General Manager of Generali Insurance said; “We are mainly on the
top 3 at all countries we are present”

How was the first quarter of 2019 for Generali Insurance in tradesman. SMEs and tradesman will have options to personal-
terms of growth and profitability? ize their insurance and the obligation to pay extra premiums to
existing collaterals will be eliminated.
Generali finished the year 2018 with technical profit at growth
%7. Generali Insurance produced 67 million Turkish Liras of In line with all these objectives, we plan to grow during 2019.
Premium at the 1st quarter and gained a profit of 9.6 million
Turkish Liras of technical profit. Generali Insurance finish- When it is compared to the compulsory insurances abroad;
ing with technical profit at land vehicles responsibility, sick- The development of compulsory insurances in Turkey is slow.
ness-health, breach of trust, accident, transportation, rail ve- What types of sanctions which aren’t available in our coun-
hicles, water vehicles, air vehicles responsibility and financial try are present abroad? May there be any fresh steps that
losses had a total investment portfolio size of 386 million Turk- Turkey can implement regarding this issue?
ish Liras.
If you see motor insurance, the MTPL third party liability. I
As General Insurance at which branches do you provide would say the penetration is quite similar to what is in other
product and service? Which branches will you focus on most countries. We are around %90 percent. That there is part of
at the year 2019? ways can not be insured because they are in private areas. There
are still ı would say %5-6 of carwhich are not insured.
Generali Insurance provides individual insurance products such
as kasko, personal accident and home insurance as well as cor- There are new technologies to check this issue. So, for example
porate insurance products like workplace insurance and respon- in the motor ways there are not cameras registering the aver-
sibility insurances to its customers. age speed of cars. They can also read car plate and immediately
check with their insurance data base, if there is or there is not
As Generali Insurance, we also have products with comprehen- third party liability coverage.
sive extent aimed at SMEs and prepared according to the neces-
sities of SMEs. There are many coverages in the policies that our Another technology support come from new cameras that can be
SMEs may purchase at very low premiums including fire, flood, installed on police cars. That can read parellel the car plate of
internal water, land slide, removal of debris, business interrup- all the car around and check if they are insured. And of course
tion, 3rd parties’ liability, employer liability, personal accident, through penalties.
fire pecuniary liability.
For example in Italy the penalties if you are not insured are re-
Soon we will introduce our new insurance product which we ally heavy both from monitoring perspective. But also from the
named “Ekmek Teknem” insurance. Ekmek Teknem insurance fact that your car is taken away by police.
will be first modular insurance in the industry for SMEs and