Tunisia – Speeding insurance claim settlement
Wednesday, 11 11 2015, Category: Insurance and Reinsurance, Country: Tunisia
The President of the Tunisian Federation of Insurance Companies (FTUSA) Mr. Lassaad Zarrouk announced on Monday that the delay in settling motor insurance claims by insurer will be almost halved before year 2016. Currently the period to indemnify motor insurance claims ranges from two months to one year according to the nature of the accident.
Mr. Zarrouk confirmed in the margins of the 13th Carthage Insurance Rendez Vous that motor insurance is considered as the main cause for mistrust between insurance companies and citizens.
He also revealed that the strategy of the insurance sector for the period 2016/2020 which will be suggested by the Federation to the government includes introducing drastic changes on the sector and improving insurance services in order for insurance to play its natural role in supporting development and investment.
Source: Al Chourouk