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Polish Motor Insurers` Bureau

Polish Motor Insurers` Bureau

Dodano: 2016-08-16

Polish Motor Insurers` Bureau (PBUK) is the association of insurance companies which carry on territory of Poland the compulsory motor liability insurance in respect of the use of these vehicles, commonly referred to as motor TPL. In accordance with the principles of the Green Card System Polish Motor Insurers’ Bureau acts as the National Bureau that represents Poland in the System and is a member of the Council of Bureaux. Meeting the requirements of the so-called. UN Geneva Recommendation (Recommendation No. 5 on of Motorist Insurance Against Third Party Risks – 25/01/1949, 1984, 2000, 2004) PBUK is an organization recognized by the Polish government. PBUK has signed the relevant agreements with the counterparts from other countries belonging to the Green Card System.

Polish membership in the Green Card System dates back to 1958, when after the imposition of compulsory motor insurance on civil liability (1952), a State Insurance Company (PZU) become a member of the Council of Bureaux. As a result of subsequent amendments to the Polish legislation Polish representation in the system moved sequentially to the Insurance and Reinsurance Company Warta SA (1960-1990), Polish Green Card Bureau (1990-1996) and the Polish Motor Insurance Bureau (from 05/10/1996) brought to life by virtue of Section 10 amendment to the Act on Insurance of 28/07/1990. The amended Act of 06/08/1995 gave PBUK the legal status and found that it takes over all functions, rights and obligations of the Polish Green Card Bureau.

As of 01.01.2004 in accordance with the provisions of the Law on Compulsory Insurance, Insurance Guarantee Fund and the Polish Bureau, the obligatory valid name of the Bureau is Polish Motor Insurers’ Bureau.

Under the running business PBUK organizes the liquidation or carry the liquidation of claims referring to losses caused in Poland by the owners of motor vehicles registered in countries being, like Poland, members of the Green Card System. PBUK also deals with issuing insurance certificates valid in other countries of the Green Card System, including the frontier policies accepted in the EEA countries and Switzerland. Listed by PBUK documents are used by insurance companies while concluding the insurance contracts within the framework of their activities.

Moreover PBUK assume the function of compensation body and information center.

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