Page 380 - Motor Insurance Ebook IC 72

The Insurance Times

company and the insured, should be furnished a
certified true copy of the related policy.

iii) Performance appraisal - The annual performance
appraisal of the advocates for defending the cases
before MACT.

iv) Statutory defenses- Furnishing the particulars of
statutory defences available to the insurers under
Sec. 149(2) of M.V. Act 1988 to the panel advocate
and ensuring that the plea in regard to proper
defence is taken in the written statement filed on
behalf of the insurer,

v) Compromise settlement of the TP Claims, especially
through Lok Adalats.

vi) Expeditious settlement of awards which do not
warrant appeal and there by save payment of further
interest. In view of the deteriorating experience of
the motor insurance portfolio which is causing
concern to the industry, it is necessary to adopt
effective loss control measures.

Panchnama and seizure report detailing accident site
and accident cause and the documents taken in custody
by the police-policy copy, DL, RC etc. Identify of

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