Representatives of the Green Card countries to convene in Finland

Press release 5.6.2017

The General Assembly of the Green Card traffic insurance system will be arranged in Finland this week. The purpose of this event, held on 7–9 June, is to improve the system and to deepen the cooperation between the member countries. The system comprises 48 member countries, 46 of which will participate in the General Assembly held in Finland.

The Green Card is an international certificate of valid motor liability insurance. Thanks to the Green Card system, a Finnish driver may travel in the member counties flexibly and without additional costs arising from insurance. The central organisation Council of Bureaux (CoB) administers the system and directives, and coordinates between the national insurance system of the individual countries.

The General Assembly of the member countries is held annually in different countries. Arranged now for the 51st time, the event is held for the first time in Finland.

Part of the Finland 100 programme – the pioneering Finnish motor liability insurance system

The honorary task of hosting the meeting was entrusted to the Finnish Motor Insurers' Centre in recognition of its long-term active role in the system and as part of the Finland's centenary celebration programme. "In addition to the Finnish motor liability insurance system, the Finnish society, culture, art, culinary tradition and history will be comprehensively presented in the event," says Ulla Niku-Koskinen, Managing Director of the Finnish Motor Insurers' Centre.

Arranged as part of the Finland 100 programme, the event will be used as an opportunity to present the Finnish motor liability insurance system, the coverage and compensation level of which are exceptionally good in international comparison. For example, personal injuries are compensated for without any upper limit, and the upper limits for compensations payable for property damage are many times higher than those prescribed by the EU legislation.

Finland has an independent Traffic Accident Board for resolving disputes quickly and affordably. For the customer, the compensation is fair, irrespective of the insurance company, because the Traffic Accident Board has set out a policy for consistent compensation levels. "Thanks to the Traffic Accident Board, the number of civil actions brought for damages is low by international standards. Citizens' trust in the insurance system is at a good level by international standards," says Janne Jumppanen, Director at the Finnish Motor Insurers' Centre.

The event will also feature a presentation of the widely recognised, independent traffic safety work of the Finnish Crash Data Institute (OTI), an independent unit within the Finnish Motor Insurers' Centre (LVK). OTI has at its disposal information about all road accidents indemnified by insurance companies and about the investigation of fatal road accidents. The amount and quality of the statistical data are unique by international standards.

The event will host 165 visitors. The actual General Assembly will be held on Thursday.

Additional information:

  • Janne Jumppanen, Director, tel. +358 40 450 4543, firstname.lastname@vakuutuskeskus.fi
  • Communication, tel. +358 40 450 4700

The Finnish Motor Insurers' Centre (LVK) is the party that ultimately safeguards the rights of a person who has been involved in a road accident and takes care of the consequences of a default on the payment of the statutory motor liability insurance. The Finnish Crash Data Institute (OTI), an independent unit within LVK, promotes traffic safety by coordinating the work of road accident investigation committees and compiling statistics regarding accidents. LVK has extensive international duties, and its members include all insurance companies that grant motor insurance policies in Finland. www.lvk.fi/en

07.06.2017