In the UFG database, there are already over 28.5 million vehicle liability insurance policies. Ergo Hestia, TUW, and Euro Insurances report the most reliably.

Original text here from IDA KRZEMINKA-ALBRYCHT‍

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The quality of data provided to the UFG (Insurance Guarantee Fund) is crucial because it impacts the calculation of premiums for third-party liability (OC) and comprehensive (AC) insurance policies.

The Insurance Guarantee Fund has once again examined the quality of data submitted by motor insurers and compiled a ranking of companies based on the accuracy of their reporting. Among the largest insurers (who submitted over 2 million records to the UFG), Ergo Hestia, PZU, and Warta performed the best. In the category of insurers with a medium market share (between 250,000 and 2 million records submitted), the most accurate were TUW, Generali, and TUZ. Among the smallest contributors (below 250,000 records), Euro Insurances, PKO Insurance, and Triglav (Trasti) led the pack.

The classification is based on a final index calculated by the UFG, which considers various criteria to assess the reliability of the data shared. The Fund notes that by the end of 2023, as many as 15 out of 21 classified insurance companies had an index higher than 90%, an improvement from the previous year when only 11 entities achieved this mark. Insurers are divided into three groups in the ranking presentation to accurately assess the technological and organizational effort made by each entity, considering that it is more challenging for the largest companies, which transmit large volumes of data, to ensure the accuracy of every record.

The importance of the quality of data submitted to the UFG lies in its influence on subsequent calculations of premiums for OC and AC policies for customers. When entering into a new agreement, insurers query the UFG about a client's claim history to better assess the risk of causing another accident. This allows them not to rely solely on client declarations and memory, which often proves unreliable when it comes to the number of claims made in recent years.

By the end of 2023, the Fund's database contained information on active OC insurances for over 28.5 million vehicles (up from 27.6 million the previous year) and on active AC policies for over 7.3 million vehicles (up from just under 7 million at the end of 2022). Last year, insurance companies submitted approximately 1.6 billion inquiries to the UFG database.