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Green Card System Basic rules

Green Card System Basic rules. Mariusz W. Wichtowski Baku 4.07.12 . Key terms. Protection Trust Uninsured driving Monitoring Financial Guarantee Criteria Fraud. Do we remember?. Paradox with consequences Recomendation No 5 1949. Council of Bureaux. Non political organization

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Green Card System Basic rules

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  1. GreenCard System Basic rules Mariusz W. Wichtowski Baku 4.07.12

  2. Key terms • Protection • Trust • Uninsured driving • Monitoring • Financial Guarantee Criteria • Fraud

  3. Do we remember? • Paradox with consequences • Recomendation No 5 1949

  4. Council of Bureaux • Non political organization • Technical aspects only • Since 1 January 1953 • Facilitator of international road traffic and victim’s protection

  5. Objectives • Free flow of cross border traffic • Guarantee to victims

  6. Some statistics • Members of the GC System 46 • Multilateral Agreement 33 • GC basis 13

  7. Some statistics • Population of Europe 750 million • No of vehilcles 350 million • EU yearly died 50.000 • EU yearly injured 150.000

  8. Green Card Claims • 2010 381.353 • 2009 345.746 • 2005 342.963 • 2000 337.361 • 1999 291.730

  9. Green Card Claims

  10. Green Card Claims over 1,7 billion Euro/ year

  11. Mutual trust • Basis of the GC System • Pay – Cry – Dispute • Close cooperation • Stress on insurers • Consequence – on all market

  12. How to becomea member? • National Bureau • MTPL law • Financial guaranties • Undertaking to UN

  13. How to becomea member? • Transitional member • Period 10 years • Financial guaranties • Monitoring

  14. Important bodies • Bureaux • Agents • Correspondents

  15. Competence of the Bureau Handling Bureau: • Claims settlement in the country where accident happened • According to legal system of that country • Independent of position of the guaranteeing Bureau Guaranting Bureau: • Reimbursement of outlays • Guarantee function

  16. Financial aspects • Sufficient financing • Difference of the economiclevel in individual regions • Law of the country of accidentdetermines minimum amounts insured and compensation

  17. Financial aspects Selby Train Crash (UK) Damage: about 50 million Euro / 10 persons killed Herborn (D): Damage: about 8 million Euro Mont-Blanc Tunnel (FR) Damage: about 464 million Euro / 39 persons killed Gotthard-Tunnel (CH) Damage: about 14 million Euro / 11 persons killed

  18. Mutual trust • Basis of the GC System • Pay – Cry – Dispute • Close cooperation • Stress on insurers • Consequence – on all market

  19. Monitoring Subjects of the monitoring: ► new applicants ► transitional members ► full members

  20. Forms of Monitoring ► monitoring ► preparing of the Financial Criteria ► checking of the financial standing ► assistance ► dealing with complains ► reporting to the Man Com

  21. Financial Guarantees Criteria • Why we need it? • Applicability of the Criteria • Period of validity

  22. Financial Guarantees Criteria • For CoB members only • Type of financial guarantees • Standard of the security • Bank guarantee • Reisurance program

  23. Sanctions ► obligatory monitoring ► financial guarantees ► financial penalties ► temporary suspention ► termination of membership

  24. What about scope? Do we know where are the borders of Europe? and What means border in our days?

  25. Are we all protected? • We all? • At the same level? • Are we statisfied with existing level of the protection?

  26. Aims for the future • Equal rights for the road users • Real guaranties for victims • One aim different methods • Any common solution?

  27. Thank you very much for your kind attention

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