The Czech Insurers’ Bureau is a professional organisation of insurance companies entitled to operate the Motor Third-Party Liability (MTPL) insurance in the Czech Republic.

The Czech Insurers’ Bureau is a member of Council of Bureaux, an international organisation coordinating the Green Card system.

 

Main activities of the Czech Insurers’ Bureau according to  the Act No. 30/2024 Coll., on Motor Third-Party Liability Insurance:

  • administration the guarantee fund and the damage prevention fund
  • carriing on frontier insurance
  • information centre for the injured parties
  • execution of tasks related to its membership in the Council of Bureaux
  • entering into agreements with the insurers’ bureaux of foreign states, information centres, and bodies authorized in other Member States to process claims for substitute compensation, and execution of tasks arising from such agreements
  • cooperation with Czech government institutions in matters related to liability insurance
  • keeping records and statistics for the purposes of liability insurance
  • participaton in claims prevention in connection with traffic on land communications and in prevention of insurance frauds relating to operation of vehicles.

In relation to injured parties, i.e. those who suffered a damage by operation of a vehicle and are entitled to compensation according to above mentioned Act, the Czech Insurers’ Bureau acts as guarantee and provider of:

  • compensation for personal injury or death caused by operation of an unidentified vehicle for which an unidentified person is liable; material damage and lost profit is compensated only in case of simultaneous heavy personal injury and only if the material damage and lost profit exceed CZK 10.000,
  • compensation for damage caused by operation of a vehicle without liability insurance,
  • compensation for damage caused by operation of a foreign vehicle insured by frontier insurance,
  • compensation for damage caused by operation of a foreign vehicle whose driver is exempted from the obligation to conclude frontier insurance when operating this vehicle in the territory of the Czech Republic,
  • substitute compensation if:
    • within the period of 3 months following the day of insurance  claim notification the MTPL insurer did not inform the claimant in writing why the investigation of a loss event could not be finished and compensation provided
    • MTPL insurer seated in other EU member state has failed to appoint his claims representative in the Czech Republic
    • in case of a loss event  in another EU member state either the liable vehicle or MTPL insurer could not be identified
    • MTPL insurer is unable to pay compensation due to his bankruptcy or liquidation,
  • compensation for damage caused by operation of a vehicle which was dispatched from one Member State to the Czech Republic as a country of its final destination, if the vehicle in question was not insured against MTPL and the accident occurred within a period of 30 day after the acceptace of delivery by the purchased, even though the vehicle has not formally been registered in the Czech Republic.

In relation to liable parties, i.e. those who are liable for the damage caused by operation of an unidentified vehicle or a vehicle without liability insurance, the Czech Insurers’ Bureau has the right for reimbursement of the compensation paid on behalf of liable parties.