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MTPL insurance / Licensing

MTPL insurance / Licensing. a Dutch perspective…. Programme. Introduction Licensing in NL Dutch Motor Insurance Act Some conclusions. Dutch MTPL market (2007). 10,500,000 registered vehicles 2,000,000,000 EUR MTPL premium 500,000 MTPL claims 110 MTPL insurers.

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MTPL insurance / Licensing

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  1. MTPL insurance /Licensing a Dutch perspective…..

  2. Programme • Introduction • Licensing in NL • Dutch Motor Insurance Act • Some conclusions

  3. Dutch MTPL market (2007) • 10,500,000 registered vehicles • 2,000,000,000 EUR MTPL premium • 500,000 MTPL claims • 110 MTPL insurers

  4. Dutch Guarantee Fund (2007) • 70 fte • 60,000 claims • + 57,500 unidentified • + 2,500 uninsured • 1,600 bodily injury claims • 62,000,000 Euro • € 7 per registered motor vehicle

  5. Nederlands Bureau(2007) • 7 fte • 30,000 requests for information • 400 claims NL vehicles abroad • 700 claims foreign vehicles in NL • € 0,60 per motor vehicle

  6. RDW*The Department of Road Transport • Licensing • Tax • Insurance • Tracing / enforcement • Type approval • Technical inspection • www.rdw.nl (annual report, 1500 fte)

  7. Principles • Vehicle based (from cradle to grave…) • Holdership (not: user) • Almost all vehicles including: trailers > 750 kg mopeds / scooters not (yet): agricultural

  8. In practice • 25.000 changes every day • Linked with population register • 800 postoffices / 2500 car dealers • Suspension under strict rules • Deregistration: export or demolition procedure

  9. Motor insurance act • Art 2: obligation of holder, unless… • Art 12: change of owner • Art 13: obligations insurer: report (<28 days) deregister 16 days extension! • Art 18/19: exemptions

  10. Weaknesses • 28 days for insurers • % enforcement (floating data) • No free access • Special plates (export)

  11. Strength • Up to date • Reliable • Integrated / Efficient • Fraud protecion

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