According to the Public Relations and International Affairs Office of the IRC, participants examined the evolutionary trajectory of employer’s liability insurance clauses. While acknowledging the pivotal role these clauses play in expanding insurance coverage, stakeholders reached a consensus that the current framework necessitates a rigorous review, reflecting recent legal developments, shifting market demands, and the practical experiences gathered in recent years.

Addressing the audience, speakers highlighted that employer’s liability insurance serves as a critical mechanism for safeguarding both employers and employees in the event of work-related accidents. They emphasized that the core insurance policy text must be formulated with greater clarity and comprehensiveness, tailored to the authentic requirements of policyholders, thereby reducing an excessive reliance on a proliferation of individual clauses.

The discourse extended to critical themes, including the adequacy of supplementary coverage as mandated by the Supreme Insurance Council’s Regulation No. 98, the methodology for drafting and implementing clauses, the challenges faced by sales networks in accurately articulating insurance coverage, and the current precedents in judicial interpretations of insurer obligations.

Speakers further stressed the necessity of balancing the breadth of insurance coverage with the flexibility to design policies that account for the diverse risk profiles inherent in various economic activities. There was a strong consensus that any revisions to employer’s liability insurance policies must be predicated upon specialized research, empirical market needs, the practical insights of insurance firms, and prevailing regulatory requirements.

The meeting also proposed a systematic redefinition of the general policy conditions, specifically regarding the role of clauses, the scope of insurer liability, and the integration of basic and supplementary coverage. This approach aims to align insurance instruments with the rapidly evolving business environment and relevant legislation, thereby mitigating operational and legal disputes during policy issuance and claims processing.

In conclusion, it was decided that the synthesized findings and recommendations from this session will be codified and submitted to relevant authorities. This documentation is intended to serve as a strategic resource for ongoing regulatory revisions and the enhancement of employer’s liability insurance policies.
To access the full video recording of this session of the Insurance Industry Think Tank, please visit the following link: https://www.irc.ac.ir/fa-IR/Irc/5721/page.