Polish Insurance Association supports the idea of a Travel Security Fund (FZT) – a mechanism for protecting clients against unfair travel agencies. The fund would be based on contributions paid by all tour operators. The contribution will depend on a type of service – the highest would be paid for a customer who is sent on charter trip, less for the client sent on a bus trip or youth trip. This system would complement the current model of the guarantee provided by commercial insurers. The guarantee would remain the basis for the system. PIU also proposes that the charter tour operators could operate only as joint-stock companies – perhaps with a larger amount than the statutorily required 0.5 million PLN. From this point of view, charter tour oparators are most likely to announce the bankruptcy.
Witold Janusz agreed to become the new President of the PIU Committee of Property Insurance PIU. He replaced Robert Szyszka, who due to his increased professional responsibilities resigned from directing the work of the Committee.
The Polish Insurance Association begins cooperating with the Polish Information and Foreign Investment Agency (PAIiIZ). PIU prepared a report – “The insurance market in Poland in 2008.
Another amendment to the Law on Road Traffic was published in Dziennik Ustaw (No. 97 pos. 802 of 23 June 2009). It introduces new rules for further technical examination of the vehicle, whose cost is included in the compensation of the third party insurance (OC) or mandatory Casco (AC).
On 10 June this year the Parliamentary Committee on Public Finance adopted a bill in the first reading: an amendment on the Law on Insurance Business and the Law on Public Offering of Financial Instruments to Organized Trading and Public Companies.