Regulatory science "Motor insurance" has the theoretical and applied nature. It is aimed at students mastering modern approaches to the implementation of motor insurance risks and aimed at building skills to assess risk, calculating insurance rates, premiums and compensation for losses of the insured and other business processes in motor insurance.

The purpose of studying the science in the context of preparing specialists of a certain specialty. Its relationship with other sciences of curriculum.

The purpose of science is to develop students' theoretical knowledge and practical skills to implement motor insurance for the aim of making effective management decisions.

In the process of teaching science the following tasks are being solved:

• formation of students' deeper understanding of relationships that occur during execution of motor insurance;

• mastering of objective necessity, essence and role of motor insurance to protect the interests of businesses and individuals;

• formation of knowledge on the current state and trends of motor insurance in Ukraine and in the world;

• mastering legislative regulations governing motor insurance;

• studying methodological foundations for the types of underwriting motor insurance;

• mastering the peculiarities of motor insurance, insurance of civil liability of  vehicles' owners, insurance of goods transported by road transport, accidents on vehicles insurance and carriers' liability insurance;

• studying the nature and importance of the international motor insurance system "Green Card";

• formation of knowledge on the necessity and nature of the Motor (Transport) Insurance Bureau of Ukraine.

The subject of science is financial relations arising between subjects of motor insurance. Science "motor insurance" has a consistent and strong relationship with the sciences "Insurance", "Risk Management in Insurance", "Insurance Management", "Insurance Law", "Fundamentals of actuarial calculations", "Management of reinsurance operations", "Marketing "," Sales Management ","Consumer Behavior ".

The list of knowledge and skills, which come after a student masters this science.

As a result of studying the science, a student will know:

• the nature and classification of motor risks, types of losses (damage);

• the nature of civil liability of road users;

• motor risks management techniques ;

• the need for motor insurance, its role and place in damage compensation to road users;

• essence of the motor insurance concept, its characteristics and importance in the protection of property interests of individuals and legal entities;

• the content of the legal provision of motor insurance;

• stages and the current state of motor insurance in Ukraine and in the world;

• features service sales channels of motor insurance;

• features of underwriting and the order of making contracts by the types of motor insurance;

• actions of the insured in case of the insured event by types of motor insurance;

• rights and duties of the emergency commissioner and features of drafting insurance act (emergency certificate);

• approaches to assessing the damage and determining insurance payments in motor insurance;

• causes, development, operating conditions and values of the international system of road insurance "Green Card";

• the features of regulating claims under international insurance contracts "Green Card";

• the role, the major tasks, powers, authorities and monitoring of the Motor (Transport) Insurance Bureau of Ukraine (MTIBU);

• features of associated and full membership of insurers in MTIBU ;

• types of scheduled payments carried out with a centralized insurance reserve funds of MTIBU; the types and sources of centralized insurance reserve funds of MTIBU;

• the nature of subrogation and recourse to those responsible for the occurrence of insured event by types of motor insurance;

• types of motor insurance fraud and ways to combat them;

will be able to:

• navigate the various features of the motor risks classification;

• identify the features of civil liability of the road motion participants;

• determine the advantages and disadvantages of vehicle risk management;

• determine the place of insurance in damages compensation to traffic participants;

• characterize relations arising between subjects of motor insurance;

• guide in approaches to determine the damage and insurance compensation by the types of motor insurance;

• form a holistic vision of motor types insurance development, analyze performance and trends in its development;

• to determine the conditions of the vehicles insurance contract, liability insurance of the owners of motor vehicles, insurance of goods transported by road transport, insurance against accidents on vehicles and liability insurance of carriers;

• carry out the calculation of the insurance premiums and insurance benefits

   considering franchise systems and insurance coverage under the motor  insurance contract;

• perform the calculation of insurance payments on insurance contracts of

  the civil liability of vehicle owners,

   insurance of goods transported by road transport, accident insurance and insurance of the vehicle liability of carriers;

• form a holistic vision of the relationship between MTIBU and actors of compulsory insurance of the civil liability of vehicle owners;

• navigate the features of financial support of MTIBU activity.

The scope of the implementation of acquired knowledge and skills in the future profession.

Students will be able to realize knowledge and skills acquired studying this science, by working in insurance companies, various financial and credit institutions and analytical enterprises (institutions, organizations) of various ownership forms and economic activities. They can be used by graduates as managers in the insurance, reinsurance, brokerage organizations, underwriters, actuaries, financial advisors, financial analysts, experts, managers, civil servants of specialized agencies, economists.

The content of the science that is available to students studying in modules and topics.

Topic 1. Motor risks and methods of their management

Topic 2. The economic essence and significance of motor insurance

Topic 3. The emergence and development of motor  insurance

Topic 4. Insurance of vehicles

Topic 5. Civil liability insurance of vehicle owners

Topic 6. The international system of motor  insurance "Green Card"

Topic 7. Motor (Transport) Insurance Bureau of Ukraine

Topic 8. Insurance of goods carried by road transport

Topic 9. Liability insurance of carriers

Topic 10. Liability insurance of carriers[D1]

Teaching staff: Ph.D., Associate Professor T.D.Kryvoshlyk

Basic bibliography:

1.       Avtomobile insurance in the system of traffic insurance : Col. Monogr.  Science ed. and direct. author Ph.D/  O. M. Zalietov. K.: International agency „BeeZone”, 2012.   

2.       Insurance: practice: study book / edited by V.D. Bazylevych.- 2-nd ed., remade and added - K.: Znannia, 2011. - 607 p.

3.       Insurance services: book. – In 2 parts. – Ch.1 / edited by V.D. Bazylevych. – K.: Lohos, 2014. – 496 p.