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Car Theft and Insurance in Russia - Thatcham Shaping the Future

Published by: SBD Ltd.

Published: Sep. 1, 2008 - 33 Pages


Table of Contents


1. Executive summary

1.1 Overview

1.2 Is Thatcham shaping the future?

1.3 What does it mean for car manufacturers?



2. Russia - market overview

2.1 Market situation



3. Car theft in Russia

3.1 Factors favouring a high level of car theft in Russia

3.2 Theft targets

3.3 Theft methods

3.4 Initiatives against car theft in Russia



4. Insurance situation

4.1 Insurance industry

4.2 Insurance cost

4.3 Insurance discounts

4.4 The Professional Association for Risk Prevention in Vehicle Theft (PARP)



5. Security testing with Thatcham

5.1 What cars were chosen and why Thatcham?

5.2 Publicity for the Star Rating scheme

5.3 Summary of the results

5.4 What are the next steps?

5.5 Test methods

5.6 NVSA Issue 4a ~ the basis of the Star Rating scheme

5.7 Star rating scheme



6. Car security situation

6.1 Original Equipment

6.2 Aftermarket

6.3 Stolen Vehicle Tracking (SVT)

Abstract

Booming sales of foreign cars and pressure from the insurance industry means now is the time to respond to the security crisis in Russia It is likely that the rapidly expanding Russian market will adopt UK insurance requirements for vehicle security after 2008’s 1 car security test to Thatcham’s standards. This will place ncreasing pressure on vehicle manufacturers to adopt UK levels of security for the Russian market to maintain brand image and reduce the increasing costs of insurance to customers in Russia. “Car theft and insurance in Russia ~ Thatcham shaping the future” is a timely assessment of the status of the Professional Association for Risk Prevention star ratings for imported vehicles and gives an independent evaluation of the impact of this initiative on the automotive industry.



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