OREANDA-NEWS. December 30, 2011.  In December 2011, ROSNO together with Alfa Bank launched a new service enabling payment for the motor insurance policy Avtoaptechka via Alfa-Click Internet Bank. Now the bank clients will be able to purchase ROSNO’s insurance product in a few minutes.

This joint project has been developed as a follow-up to implementation of the company’s strategy aimed at integrating remote banking services and direct sales.

Alfa-Click is a state-of-the-art, convenient and practical bundle of banking services enabling users to conduct online payments with maximum speed and reliability.

From now on, Alfa Bank clients can quickly and simply, without leaving home, enter their Personal Cabinet at Alfa-Click and acquire ROSNO’s insurance product Avtoaptechka, which is a unique alternative to MOD policy. Within 3 days from the easy insurance policy issuance procedure, clients will receive ready documents by courier mail.

Avtoaptechka has been designed for those car owners who would like to protect themselves from serious damage in case of a traffic accident, but would prefer more such insurance solutions which are more economical than purchase of a full MOD insurance policy. First of all, these are experienced drivers and owners of second-hand cars. Avtoaptechka covers costs of repairs of cars damaged in traffic accidents at certified car maintenance stations. The product may be used to insure cars aged up to 9 years and priced up to 1 mln roubles.

This policy offers beneficial insurance terms with no hidden deductibles and without wear and tear clause. The cost of insurance policy does not depend on car value and age; it equals 15,000 roubles for drivers aged over 27 years with over 7 years of driving record and 24,000 roubles for the drivers aged 23 to 27 years with the driving record of 2 to 7 years respectively. The insurance company will fully pay for the vehicle repairs, and in case of its total loss the insurance compensation will equal up to 75% of the vehicle value.

We are constantly working not only to develop new products, but also to make our services more affordable, easy and convenient, and to this end we are efficiently using numerous resources available to the global internet community. This project, launched jointly with Alfa-Bank, will make the process of purchasing an insurance policy more convenient for the bank’s clients, and we are certain that they will appreciate both the new option and the product as such", commented on this event Mr. Artashes Sivkov, Member of the Board and Deputy CEO of OJSC IC Allianz (trademark — ROSNO).

"The clients’ interests and comfort are the most important priority for Alfa Bank. This is why we chose to develop retail services also by providing clients not only with the entire range of banking services in bank offices and in the internet bank, but also with insurance, investment and financial products", notes Mr. Ilya Zibarev, deputy head of Alfa Bank’s retail business unit.