About
Whereas compulsory insurance of civil liability of the owners of motor vehicles
was initiated in the Republic of Belarus, the Belarusian Transport Insurance Bureau
was established by the Decree of President of the Republic
of Belarus. This Republican Association integrates insurance organizations
covering third party liability risks in respect of the use of the motor vehicles
in the Republic. At the moment there are 6 insurance organizations - members
of the Bureau. Since 1st June 2002 the Bureau is a Member of the Council of Bureaux
of the International Motor Insurance Green Card System.
The purpose of the Bureau is to organize the conducting of compulsory civil
liability insurance, coordinate the activity of the involved parties, control
over the performance of insurers - members of the Bureau, represent the Republic
of Belarus in the International Motor Insurance Green Card System.
Besides, the Bureau makes calculations with the victims in the case of a damage
by a vehicle the owner of which did not conclude a contract of compulsory insurance
of motor civil liability of the owners of motor vehicles, by a vehicle, which
is out of the possession of its owner in the result of illegal actions, and also
in the case of a damage to life or health of the victim by an unstated vehicle.
The Bureau is also responsible for the obligations of the insolvent insurance
organizations - members of the Bureau, which have been recognized insolvent in
accordance to the legislation. All these payments are executed by the Bureau for
the account of the guarantee funds, formed by the Bureau in accordance to the
legislation.
Since the moment of its creation the structure of the Bureau has been permanently
developing and is directed to a maximally effective performance of its tasks and
functions, stipulated by the Articles of the Belarusian Transport
Insurance Bureau.
