Brief on accident insurance
Accident insurance is a type of insurance, which aims to create financial security when an insured person suffers a personal injury...
General information about insurance
The main objective of insurance is to spread the risk of unforeseeable financial loss to policyholders as a result of events specifically specified in the insurance contract. Individuals and businesses look to an insurance company to insure their interests against unexpected losses...
Compulsory car insurance
The first cars arrived in Iceland at the beginning of the last century. In the summer of 1904, Dethlev Thomsen, consul and merchant, attempted to use such means of transport in Iceland, but he received a grant from Alþingi to transport a car to Iceland. On June 20th of that year, he imported the "Thomsen car" to Iceland...