the role of insurance in reducing the risk of international conventions with an emphasis on credict insurance of product

the role of insurance in reducing the risk of international conventions with an emphasis on credict insurance of product

Hosein Ghorbanian1 Mohammad Beyranvand Nik2

1) Faculty meber Shahrood azad university
2) Graduated in international trade law Azad university of Damghan

IOI Code : XYCH-AECHK
Publication : 3rd International conference on Management , Economics and Humanities(icmeh.org)
Abstract :
    Nowadays, contracts have been logged as the collision field of legal systems at the international level from the narrow fence of territorial boundaries, and as the most important means of communicating with the outside world will be of interest to lawyers. Trade agreements as an important tool in the transfer of capital trade relations still remain his primary role on the international stage. There is less commercial relationship in which contract does not play a major role. On the other hand, Insurance triangle is constituted of Economics, Management and Law. Economics is acted as the brains of insurance. Management is defined templates and forms of insurance, and law is just as justification and moderating the relationship between the other three sides for insurance. Considering that human beings are always exposed to a variety of risks in living and working environments, in some cases you can eliminate or reduce risks and take them away, but with the growth of technology and the increasing number of vehicles, we are also expanding the number and severity of accidents that unfortunately are not preventable and removed. This paper has been performed to the analytical method and by analyzing the role of insurance in reducing the risk of international commercial contracts. This result can be explained by the laws and legal aspects of insurance contracts in the international framework for the insurance policy could be introduced in other areas. Also, it can be witnessed ICT developments in the international trading arena by reducing risk and increase trust in the field of international contracts.

Keywords : insurance risk international trade international contracts