Tue 18 Jun 2019


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IRC Signed MOU with the Investment Company on Innovation Initiatives


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In the inauguration ceremony of the first insurance innovation center for the industry, an MOU was signed with Saramad Andookhtehsazan Farda Investment Company with the aim of bringing technical experiences for furthering more applied collaborations. In this occasion, Dr. Hamid Kordbacheh, Head of IRC and Hussein Alimi, the CEO of S.A.F. Investment Company inked the MOU.

The memorandum of under (Countinue ....)

IRC and ECOI Inked MOU


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On June 2, 2019, Insurance Research Center and ECO College of Insurance signed an MOU at IRC where Dr. Hamid Kordbacheh, Head of IRC and Dr. Atousa Goudarzi, Dean of ECOI and their deputies participated.

Referring to the significance of academic synergy required for the insurance industry, Dr. Kordbacheh, in the formal ceremony of the MOU signing, said: “Given the prime focus of ECOI on insur (Countinue ....)

Overarching Theme for the 26th N-CoID Chosen


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“Increasing Insurance Penetration Rate: Challenges and Strategies” is what the 26th National Conference on Insurance and Development (N-CoID) will be about.

Each year on December, N-CoID is held on the National Day of Insurance where more than two thousand insurance activists from across the country join to discuss the main topics of interest.

From among several other themes, the aforem (Countinue ....)

Formulation of Strategies and Plans for Strengthening Life Sale Network


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The results of the first and second phases of a research project entitled “The Formulation and Plans for Strengthening Life Sale Network in Insurance Companies: Broadening Marketing Skills Standards Approach” were presented in a professional forum where the Head and Research Deputy of IRC along with the Deputy for the Vice-Presidency for Science and Technology joined at IRC.

Being developed (Countinue ....)

Establishing Future Studies Committee for the Insurance Industry at IRC


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The first meeting on the formation of a committee for future studies (futurology) in the insurance industry was held at IRC with the participation of Dr. Kordbacheh, Head of IRC, industry professionals, and IRC faculty members.

The committee is initially intended to conduct regular forums at IRC with the aim of exploring ways to implement appropriate risk management strategies in relation to f (Countinue ....)

Dr. Kordbacheh Officially Decreed As the Head of IRC


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Following the approval of the Ministry of Science, Research and Technology and based on a decree by Dr. Gholamreza Soleymani, Head of the Board of Trustees, Dr. Hamid Kordbacheh is officially chosen as the Head of Insurance Research Center, according to a report by PRIAO.

“It is significant that the role and position of Insurance Research Center to be portrayed as a study and development inst (Countinue ....)

Research Update: Auto Loss Assessment and Payment Procedures under Scrutiny


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The results of a research project entitled “Analysis and Review of Auto Loss Assessment and Payment Procedures” were discussed in a professional forum attended by industry activists, IRC Research Deputy and some of the relevant experts and directors.

As another one in CII recommended research project series, the study was aimed at reviewing the auto loss adjustment and loss payment procedur (Countinue ....)

IRC Attends 32nd Tehran International Book Fair (TIBF)


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Like the past years, IRC has been approved to attend 32nd Tehran Int’l Book Fair in the General Publishers’ Hall.

IRC is going to showcase 119 titles of its published books at this fair and a 50% discount is anticipated for its sales, according to PRIAO.

The interested are invited to IRC book exhibit at Hall 25th, Unit 311, Imam Khomeini Musalla, Tehran, Iran.

The 32nd Tehran Internat (Countinue ....)

Insurance-linked Securities Workshop at Iran FINEX 2019 by IRC


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IRC like previous years has actively joined the 12th International Exhibition of Exchange, Bank and Insurance (Iran FINEX 2019) where it enthusiastically interacts with the students, insurance industry activists, and the general participants.

A training workshop is planned to be held on the issue of ILS at the exhibition by IRC.

The ILS workshop is scheduled for Wednesday, April 24th, 03:30 (Countinue ....)

Academia Meets the Industry: First Visits for a Joint Committee


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In order to assess the basic requirements for the cooperation between IRC and insurance companies, Dr. Hamid Kurdbacheh, Head of IRC has commenced his visits to the insurance companies.

This strategic move has been taken place with the aim of further collaboration between IRC and the insurance industry and to conduct applied studies aimed at the specific needs of the insurance companies, accord (Countinue ....)

Research Update: “Scoring and Rating Framework for IT Departments of Insurance Companies”


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On April. 17, 2019, the results of a research project on the scoring and rating framework of IT departments of insurance companies were presented in a technical forum at IRC where the Head and Research Deputy of IRC, ICT Network and Infrastructure Manager at the Supervisory and Regulatory Authority of I.R. Iran (CII), and some of the relevant managers and members of IRC research groups could atten (Countinue ....)

Appointment Ceremony for the New Head of IRC


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On Feb. 19, 2019, an appointment ceremony for the new Head of Insurance Research Center was held at IRC building with the participation of Dr. Soleymani, President of Central Insurance of I.R. Iran (Insurance Regulatory and Supervisory Authority), Members of the Boards of CII, Members of the Board of Trustees and IRC staff.

In his keynote speech, President of CII referred to the previous Head (Countinue ....)

Biannual Periodical Review on Iran’s Insurance Market Released by IRC


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The first volume of a periodical review of Iran’s insurance market has been released. This periodical will be published biannually and will be covering an overview of the insurance industry status quo and its ideal status, future outlook of the insurance market, assessment of major quarterly trends of the insurance industry indices, long-/mid-/short-term analyses, and an evaluation of the insura (Countinue ....)

IRC and CIVILICA Signed MOU on Scientific Collaborations


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Today, a memorandum of understanding was inked between Insurance Research Center and CIVILICA Publication, the director and patent holder of CIVILICA, an online scientific indexing service provider. Dr. Amir Safari, Head of IRC and Mr. Vojoodi, CEO of CIVILICA Publication signed the MOU at IRC, Tehran, Iran.

Some of the noted services to be provided by CIVILICA are indexing of conferences, jou (Countinue ....)

The First InsurTech Taskforce Meeting Held at IRC


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The first joint taskforce meeting primarily aimed at efficient utilization of InsurTechs in Iran’s insurance industry was held on December 18, 2018 at IRC. Convened by Life Insurance Research Group, the meeting gathered many across the industry including the Head of IRC, Research Deputy, members of research groups, reps from Bimeh Markazi (Insurance Supervisory and Regulatory Authority of I.R. I (Countinue ....)

Research Update: “Legal and Financial Aspects of the Implementation Framework and Supervisory Principles Governing M&A Activities of the Insurance Companies”


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On December 9, 2018, a professional forum was held at IRC on a lately accomplished research project entitled: “Legal and Financial Aspects of the Implementation Framework and Supervisory Principles Governing M&A Activities of the Insurance Companies” with the participation of the Head of IRC, Research Deputy, experts from the research groups, representatives from General Director of Planni (Countinue ....)

NICOID Closing Ceremony: “Non-regulated InsurTechs Will Bring About Systemic and Catastrophic Devastations”


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In the closing panel of 25th NICOID, Dr. Amir Safari, Secretary of Conference, stated that the entrance of InsurTechs to the insurance industry was not at the industry's will. He also explained that in the entire world, the power for entrance is maintained by the InsurTechs per se hence an effective policy is required for a symbiotic synergy.

“If the InsurTechs’ activities are not regulate (Countinue ....)

25th NICOID: An Initiative for a Dialog between Insurance Industry and Information Technology


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Twenty Fifth Conference on Insurance and Development was inaugurated with Dr. Amir Safari’s keynote speech at Milad Tower where two thousand participants from across the insurance community had gathered and major political and influential officials namely the First Vice-President, Minister of Economic Affairs and Finance, the President of Bimeh Markazi (Insurance Supervisory and Regulatory Autho (Countinue ....)

Promotion of Insurance Industry Leads to Human Dignity


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Insurance industry is equipped with many capabilities and capacities that can assuage the state’s concerns regarding natural catastrophes and accidents. This is what Dr. Gholamreza Soleymani, President of Bimeh Markazi (Insurance Supervisory and Regulatory Authority of I.R. Iran) stated in his keynote speech at 25th National Conference on Insurance and Development (25th NICOID) on Tuesday, Decem (Countinue ....)

Research Update: “Demand System for Iranian Households for Estimating Premium Elasticity”


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IRC has released a new study on the correlation between household expenditures and their reciprocal effects. Hence, using the quadratic almost ideal demand system (QUAIDS) model, the association between each consumer goods group with relevant variables and other goods group demands are studied.

Conducted by Insurance Economics and Financial Research Group, the research divides consumer goods in (Countinue ....)

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