The International Motor Insurance Card System, known as Green Card system, was conceived by United Nations and started to operate as from the 1st January 1953. The aim of this system is to assist motorists who cross over a number of countries, not only E.U countries, in order to protect the victims of motor accidents from the specific motorist, in the specific countries where they are traveling, in accordance with the basic purposes of the system, which are:
The success of the Green Card System, after 50 years of operation, is undisputable, as it has met in every respect its objective targets. The Green Card System is based on the compulsory motor insurance for civil liability and on the establishment of organizations known as “International Insurance Bureaux”, which are recognized by the governments of all states participating in the system and which print or issue “International Certificates of Insurance” (Green Cards) for the covering of compensation for personal injuries or damage to property that results from the circulation of motor vehicles in another state. The International Insurance Bureaux enter into agreements between them which regulate the uninterrupted operation of the Green Card System.