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The value of privacy. Empirical research, using Polish drivers as an example

Conference poster from 31st Asian-Pacific Conference on International Accounting Issues (APC 2019), Warsaw, Poland

Abstract

The research assesses expectations regarding the amount of discount in insurance premium, which could compensate insured for loss of privacy should it transpire that one’s driving style is to be monitored. A preliminary selection of factors that may affect the expected level of discount has also been made and shows that this discount level may well depend on the views of the insured to insurance telematics and some demographic characteristics, such as gender, age or place of residence.

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The lack of the equilibrium on the motor insurance market in Poland

Conference paper from The Economies of the Balkan and the Eastern European Countries in the changing world (EBEEC 2018), Warsaw, Poland

Motor insurance in Poland plays a dominant role in the portfolios of most insurers. At the end of 2016, it accounted for a total of 60.27% of the direct gross written premium of non-life insurance sector, with the share of motor third party liability insurance (MTPL) accounting for 36.2%. Fierce competition and the diminishing diversification of the offer on the motor insurance market led to significant decreases in the margin, and hence, the income of insurers. Year 2016 brought the biggest loss ever. The technical loss of MTPL has remained in this segment for many years since 2007 and at the end of 2016 exceeded PLN 1 billion.

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