Travel Insurance Preferences: Yet Again Divided By the Gender
While Covid-19 froze almost everyone’s travel plans, leaving them with limited options for their vacations or business trips, Berkshire Hathaway Inc. undertook an ambitious initiative of unveiling travel insurance...
InsurTech at Its Finest: Pay-Per-Mile Insurance for All New Fords
In one of its newest initiatives, Ford Motor Co partnered with Metromile to equip its cars with cutting-edge devices that push down the costs for their buyers. Metromile is a machine-learning...
Insuring the ‘Unsinkable Ship’: The Story of Titanic
While all our hearts pour over the death of Leonardo DiCaprio at James Cameron’s Titanic movie, the story stays one of the biggest catastrophes the humanity even faced. Killing more than 1,500 people․․․
A Decade Past of 1st CMTPL Contract: Key Achievements
Armenia’s CMTPL system is proud 10 years old. Back in 2010, CBA introduced mandatory insurance of third party liability risen from employment of motor vehicles. It was aimed at solving a social problem․․․
Insurance in the Time of Pandemics: Claims Surged by Covid-19
Covid-19 is expected to cause much more insurance losses than world-renowned catastrophes such as 2005 hurricanes, 9/11 bombing, 2011 Tohoku Earthquakes and Tsunami. As of the commencement...
Cargo insurance in Armenia: Where It Stands and Where It Can Go.
Cargo insurance is the protection of freight from physical damage or theft; in other words, it is preserving the value of goods during transportation. In this age of globalization, companies rely on...
Armenian Insurance Market
Despite insurance traditionally being one of the main pillars of financial markets, in Armenia it appears to be only in its developing stage, leaving banking system to be an undisputed leader in the sector. Insurance market in Armenia started developing in...
Digital Insurance in Armenia
Digital insurance is the signing of insurance contracts, renewing them, reporting accidents or doing any other insurance related activity that is performed with some hardware or software solutions. Digital insurance commonly features applications․․․
RA Insurance Market Indicators for the 1st half of 2020
The commencement of 2020 coincided with the first wave of Covid-19. While the world dived into deficits or repressions and some industries were on the verge of collapse, the financial system endured and even...
Agricultural Insurance Pilot Program
Central Bank of Armenia’s pilot program of agricultural insurance commenced in 2019. Prior to that, nothing alike ever existed in Armenia, as the premiums required were too high for the farmers, possible ample claims were not admissible for the...