Do you run the Best Motor Repair Garage in the UK? Motor Codes, the automotive industry’s self-regulator, has begun its Garage of the Year competition. The addition of award categories reflecting large and small garages is new for 2012. That means a garage with five technicians stands just as much chance of winning as a… Continue reading »
Mar
06
UK – European Whiplash Capital
The Association of British Insurers says that its members receive almost 1,500 claims of this type every day, worth £2bn a year. Whiplash happens when soft tissues in the neck are damaged by sudden movement, and are often linked to road accidents in which the patient’s car has been hit from behind. One of the… Continue reading »
Jan
26
Telematics Predicted to Reduce Motor Trade Insurance Premiums
Speaking at the ABI Motor Conference Personal Lines insurance broker Tom Cooper predicted that a central hub of telematics information will enable insurers to rate premiums based on a drivers behaviour behind the wheel such a miles driven, where, when and at what speeds. In car telematics has been forwarded as the next big thing… Continue reading »
Jan
25
Claims Data Exchange to Reduce Motor Trade Insurance Premiums
Motor Insurer’s Bureau chief executive Ashton West claims insurers should thrash out deals with the Claims and Underwriting Exchange that attempts to collect all claims histories. West hoped that by 2014 companies will be able to instantly access a customer’s claims history. The news follows on from the exciting revelation that insurance brokers are to be… Continue reading »
Jan
24
DVLA Database to help reduce Motor Trade Insurance Premiums
The DVLA will make its keenly awaited electronic database of driver license information widely accessible to the insurance industry. Meaning insurance brokers can join insurers in plugging into the database by the time it launches in 2014. The database will allow insurance brokers to instantly access reliable driver data such as conviction and vehicle history.… Continue reading »
Jan
10
Red Tape Challenge
The Government has launched a website challenging the public to help cut unnecessary regulations. Red Tape Challenge extends to various sectors and industries. “All those unnecessary rules that place ridiculous burdens on our businesses and on society – they must go, once and for all,” Prime Minister David Cameron said. He wants the public to… Continue reading »
Dec
15
New ‘Continuous Insurance Enforcement’ Law
The law on motor insurance changed this year. From June 2011 (following new regulations in April 2011) all vehicles registered in the UK must be insured at all times. It applies in England, Scotland and Wales, but does not apply in Northern Ireland, the Channel Islands or the Isle of Man. The new law –… Continue reading »
Dec
12
Car Insurance Scams
Lately there has been a considerable increase in the number of highly organized car insurance scams in the UK the most common of which were of the type “crash for cash”. These include “deliberate” accidents caused by different criminal gangs who crash into innocent drivers in order to scam a fortune from fake insurance claims… Continue reading »
