We are OFESAUTO
Spanish Motor Insurers' Bureau
What is OFESAUTO?
We are the Spanish Insurance Bureau and we bring together all motor insurance companies. In addition, we are the Spanish Compensation Body within the scope of the EU Motor Insurance Directives.
OFESAUTO is a non-profit Association participated in by all the insurance companies authorised to operate in Spain in the Motor Insurance line, together with the Consorcio de Compensación de Seguros. Its internal operating rules are set out in the Articles of Association, which define its Governing Bodies: General Assembly, Governing Board and General Management.
The Ministerial Order EIC/764/2017, of 26 July, defines the activity and its scope of action.
Mission
OFESAUTO, the Spanish Motor Insurers’ Bureau, is the Spanish National Bureau for the International Insurance Certificate (CIS) and the Spanish Compensation Body.
This system is designed to facilitate international vehicle traffic and to guarantee assistance for the victims of road accidents involving vehicles of different nationalities. In this regard, OFESAUTO handles both information requests and compensation claims, for accidents occurring in Spain as well as for accidents occurring abroad.
Regulation
Our non-profit association was established under the Associations Law on 7 May 1953. It obtained the Government’s authorisation to join the Council of National Bureaux on 28 January 1966.
Its operating rules were first set out by Orders of the Ministry of Finance of 13 and 26 May 1965. In 1987, following Spain’s entry into the Common Market, the Order of 25 September was issued, a regulation which has since been repealed and replaced by the current Order of 26 July 2017, which develops in detail the functions of OFESAUTO and the provisions contained in the Regulations on Compulsory Third Party Liability Insurance for Motor Vehicles (Art. 21) RD 1507/2008 (BOE 13-09-2008).
This Ministerial Order EIC/764/2017, of 26 July, summarises in a very clear and schematic way the activity that OFESAUTO carries out in all its areas of action.
Ministerial Order EIC/764/2017
- Definitions, legal and governance regime of OFESAUTO: Articles 1 to 4
- OFESAUTO as the National Insurance Bureau within the scope of the International Insurance System (the system known as the "Green Card"), Articles 5 and 6
- As the Compensation Body within the scope of the EU Motor Insurance Directives, Articles 7 and 8
- As administrator of the Spanish frontier insurance system, Article 9
- Social functions, such as raising awareness of compulsory motor insurance, improving road safety and protecting the victims of road accidents, identifying and eliminating fraud and uninsured driving, etc., Article 10
Sustainable office
The concept of sustainability has become increasingly relevant in the business world, and OFESAUTO is no exception. We have adopted a series of measures to ensure that our office is sustainable, both economically and environmentally.
With the renovation of our headquarters, the aim was to go green and do our part to reduce our impact on the environment. Two important features have been the elimination of paper consumption, by having no printers, and maximising the use of natural light by restoring the outer windows. To improve energy savings and wellbeing, the enclosures were fitted with acoustic and thermal insulation, and we added natural vegetation to purify the air.
All these sustainable initiatives have allowed us to create a modern space that is sustainable from both an environmental and an economic point of view.
DON’T MISS OUT ON KNOWING!
SIGN UP FPR OUR NEWSLETTER
DON’T MISS OUT ON KNOWING!
