Ukraine: Starting from January 2018, e-MTPL policies will be accessible

The Motor Insurance Bureau of Ukraine began the process of implementing the e-MTPL policy. The transition period of passing from the MTPL policy printed on paper to the electronic form will take 12 months, Forinsurer announced.

Thus, starting from January 2018, insurers will be able to conclude electronic insurance agreements not only for MTPL insurance, but also for other types of insurance policies.

An e-MTPL policy will be issued by the central Motor Bureau database and it is a unique electronic document.

In an interview for a local radio station, the First Vice President of AXA Ukraine, Andrey PERETYAZHKO, mentioned that "from a management point of view, the electronic agreements will contribute to solving existing problems. The first problem is the fake and invalid contracts. About 700,000 insurance policies exist on the market and it is impossible to obtain compensation on these insurance. The second issue is the control of the National Police of Ukraine. The police will have access to the database and will be able to check the validity of the policy online. Moreover, clients will also be able to check online the validity of the MTPL insurance".

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