Soat: they will present new rules to control fraud and evasion

The Government He said that in the next few days a more rigorous regulation that will seek to reduce evasion in the use of the Compulsory Traffic Accident Insurance (Soat), as well as the fraud that several IPS do with that product.

(See: This would be the new procedure to get the Soat and the license for motorcycles).

Mauricio Lizcano, director of the Administrative Department of the Presidency, said during the closing ceremony of the 31st version of the Fasecolda International Insurance Convention that several government ministries and entities will present a standard to fine-tune control mechanisms for the management of this policy throughout the chain, from its issuance, management, use and management of resources.

(See: Soat: price would rise and insurers should expand their coverage).

In addition, he asked the insurance industry to work on the design of green growth products, rural development, as well as greater equity and inclusion for the base of the pyramid, that is, the least favored, “the country has fallen short ”.
Regarding Fasecolda’s request for the 2023 minimum wage increase to be moderate, he noted that “it is complex because it depends on the cost of living that has been growing”.

Also, asked the insurance industry to collaborate with ideas that allow the construction of tertiary roads, with the least number of contractors, since corruption can occur and, instead, the communities themselves participate in its construction.

(See: Evasion, fraud, claims and regulations, 4 ‘evils’ of Soat).

The pilot test will be carried out on the Neiva-San Luis road, of 36 kilometers, in which a few weeks ago 7 policemen were assassinated.

Miguel Gómez, president of Fasecolda, said that the sector seeks to increase the culture of insurance in the less favored segments and recalled that since 1993 Colombia has had the Agricultural Insurance incentive, assigned by Finagro, and that with few resources, in 13 years investments of agricultural producers have been protected for $11.1 billion.

(See: What is known about the gasoline subsidy they would create for motorcycles).

BRIEFCASE