insurance
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Market Insight 21 Aug
Car ownership 'essential to everyday life', say 79% of motorists
The importance of the car for everyday mobility has been highlighted by a survey in which 79% of motorists claimed that owning a vehicle was “essential for everyday life”.
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Supplier News 11 JunVolvo Car UK extends Verex annual insurance contract
Volvo Car UK has awarded Verex a new, long-term contract for the provision of Volvo Car Insurance (VCI) dealer driveaway and annual insurance services.
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News 3 May
Suspected hammer attack causes £25,000 damage to car dealer’s stock
A suspected hammer attack has caused an estimated £25,000 worth of damage to more than 30 vehicles on a used car retailer’s forecourt.
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Finance 23 AprFCA reports 5% drop in finance and insurance complaints in H2 2018
PPI continued to account for the vast majority of complaints received by the Financial Conduct Authority (FCA) as the overall number of consumers demanding redress declined by 5% in the second half of 2018.
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Market Insight 1 FebFCA opens consultation on General Insurance value measures data
The Financial Conduct Authority (FCA) has opened consultation on new rules which would require firms to publish General Insurance (GI) value measures data in a bid to improve transparency for consumers.
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Supplier News 12 NovCorrelation Investments Limited completes AutoProtect buy-out
AutoProtect’s founding management partners have sold a 50% interest in the business to their joint-venture partners Correlation Investments Limited (CIL).
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Used Cars 9 NovUK motorists could earn £6k with 'Airbnb of car sharing'
Car sharing marketplace Turo claims to have launched the “Airbnb of cars” in the UK and claims it will help UK car owners earn more than £6,000 a year from their idle vehicles.
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News 5 NovSupercar showroom fire tackled by 125 firefighters
London Fire Brigade dispatched 125 firefighters to tackle a blaze at the Imperial Cars supercar showroom in Romford.
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Finance 24 OctNew FCA compliance standard places demand on training
Car retailers have been warned not to breach the Financial Conduct Authority’s new Insurance Distribution Directive, which demands increased staff training in a bid to enhance consumer protection.
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Opinion 22 OctStart-up culture: taking a Wrisk to innovate in automotive, guest opinion
If businesses fail to innovate, they cease to be able to compete. But achieving innovation is tricky.
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News 3 OctUsed car dealer suffers £120,000 14-car raid
A gang of more than a dozen car thieves have carried out a late night raid on an independent used car dealer in Sheffield – making off with 14 vehicles worth around £120,000.
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Car Manufacturer News 11 SepCar manufacturer profitability revealed by interactive online tool
Toyota makes £430 profit every second, according to a new tool from Staveley Head.
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Market Insight 25 JulEV sales being harmed by inflated insurance premiums, Honest John finds
Honest John has called upon the government to abolish insurance premium tax from electric vehicles (EVs) after research highlighted how inflated premiums could be harming sales.
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Supplier News 20 JunArnold Clark signs deal with Smart Insurance Services
Arnold Clark has signed up with Smart Insurances services to supply their minor damage insurance product across its 200 branches in the UK.
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Opinion 15 MayConnected customer data could open insurance opportunity for car dealers - guest opinion
If you ask the average consumer about car insurance, it’s very possible the answer will include an audible huff of frustration, followed by an expression of exasperation.
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Finance 3 Apr
FCA tackles insurers such as RAC for failing customers at renewal time
The Financial Conduct Authority (FCA) has warned it will take action against insurance firms failing to to promote transparency and shopping around.
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Latest News 29 JanInsurance Distribution Directive delay is ‘no reason to relax’, says The Warranty Group
A delay in insurance legislation implementation does not mean that dealers should relax their steps to comply, says The Warranty Group.
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Manufacturer 25 JanBMW accounts for 17% of overall write-off and theft claims, data reveals
BMW has topped the list of brands most likely to be written off or subject to theft, accounting for 17% of all claims.
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Supplier News 19 Sep
Accident Exchange targets growth under new ownership
Accident Exchange Limited has set its sights on future growth and expansion following its acquisition by principal funder Eight Bar Financial International.
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Latest News 2 AugRegulated automated driving paper released to clarify ‘autonomous ambiguity’
The insurance industry has released a white paper to clarify uncertainty around the different levels of vehicle automation.
