“INGO ARMENIA” has reviewed motor insurance (CASCO) rates. As a result of actuarial analysis of portfolio, prices for CASCO policy have reduced for almost 40%. Minimal insurance rate has reduced from 2.5% to 1.5% of the vehicle value. Besides, the sum of deductible has been reduced and now it is 0.5% of the vehicle value.

The Company switches from general CASCO insurance conditions to separate insurance programs, which are designed and calculated for different groups of clients. Particularly the Company has launched a new risk estimation underwriting mechanism, which enables to reduce rates for all new clients, as well as for all clients who have good insurance history.

It should be noticed, that “INGO ARMENIA” is the market leader both by total collected insurance premiums and by the segment of motor insurance. In particular, in 2009 the Company has collected almost AMD 400 mln insurance premiums by over 4.5 thousand insurance policies.