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Electronic Green Card in Ukraine will be introduced from Sept 1
KYIV. Aug 18 (Interfax-Ukraine) – Insurers that are full members of the Motor (Transport) Insurance Bureau of Ukraine (MTIBU), who have the right to conclude international Green Card insurance contracts, will offer car owners the opportunity to conclude such contracts in an electronic form from September 1.
According to the MTIBU website, the procedure for issuing an electronic Green Card policy will be similar to the conclusion of an internal electronic OSAGO agreement.
The owner of the vehicle enters the information necessary to conclude an agreement in an electronic form on the company’s website. Based on the information received, an offer to conclude an electronic contract is formed and sent to the car owner through electronic communication channels (for example, to the e-mail specified during registration).
The owner of the vehicle signs an electronic insurance contract through the information system of the company in accordance with the legislation governing the organizational and legal framework for activities in the field of electronic commerce, and pays the insurance premium to the insurer. Through electronic communication channels, he receives a PDF file with a generated black-and-white Green Card insurance certificate, as well as a visual form of the insurance policy and an information letter about the need to print the received insurance certificate.
In the first half of 2022, the number of Green Card agreements more than doubled (more by 119%) and exceeded the corresponding period in 2021, amounting to 720,000 pieces. The amount of premiums under such contracts is UAH 1.6 billion. Some 2,730 claims for the amount of EUR 7.1 million were settled under international insurance contracts.
