European systems of financial security in tourism

On 25 November of this year, during the International Tourism Fair in Warsaw, the Polish Insurance Association and the Polish Chamber of Tourism organised a seminar titled: European systems of financial security in tourism”.

The seminar was opened by: Paweł Niewiadomski, the President of the Polish Chamber of Tourism and Andrzej Maciążek, Vice-President of the Board of PIU. Then the floor was taken by Alain Verwilghen, the Secretary General of EGFATT (European Guarantee Funds’ Association for Travel and Tourism in Europe), who discussed financial security system principles in the event of tour operator or travel agent insolvency in the individual member states of EGFATT, with a particular focus on guarantee funds.

Next lecturers were: Reinier Kraamwinkel, the representative of SGR (Tourist Guarantee Fund in the Netherlands), Rui Colmonero, the representative of FGVT (Portuguese Guarantee Fund) and Renata Mancewicz, the representative of the Tourist Guarantee Fund at the Insurance Guarantee Fund. The last speech was given by Michel De Blust, the Secretary General of ECTAA (the European Travel Agents’ and Tour Operators’ Association), who presented the EU law requirements for the security system in the event of insolvency, indicating, among others, the elements to be taken into account while selecting a proper economic model.  The event ended with a discussion panel attended by Reinier Kraamwinkel, Michel De Blust, Paweł Niewiadomski and Beata Kalitowska, the Leader of the Travel Insurance Team in PIU. Piotr Manikowski, PhD, a professor at the Poznań University of Economics and Business moderated a discussion.



Netherlands SGR

Poland TFG