insurance
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Market Insight 16 AprInsurance complaints fall in automotive sector, FCA shows
The number of complaints about motor vehicle insurance products fell 13% to 242,041 in the second half of 2019 from 277,363.
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Supplier News 15 Apr
Moneypenny and Inductus offer COVID-19 assistance to car retailers
Moneypenny and Inductus have joined the list of suppliers offering services for free in a bid to help car retail businesses cope better with the impact of COVID-19 cornoavirus.
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Opinion 7 FebConnected cars will trigger evolution of car ownership, guest opinion
The internet has changed the way we act as consumers with digitally delivered convenience becoming a game-changer in how we expect products and services to be supplied.
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Opinion 24 JanThe ground rules of GAP in an FCA-scrutinised market, a guest opinion
The Financial Conduct Authority (FCA) said, as part of its 2018/2019 Business Plan, it would strive to investigate the effectiveness and impact of its interventions into certain markets and industries.
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Manufacturer 9 DecNew Minis sold with 3 months’ insurance in Wrisk partnership
All new Minis will be sold with three months’ free insurance after BMW Group extended its partnership with fintech firm Wrisk to create a new Mini Flex Car Insurance product.
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Aftersales 21 NovInsurance add-ons understood by just one-in-five car buyers
Only one in five car buyers understand the extra cover they get from insurance add-ons, despite the average driver paying for two additional services.
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Car Dealer News 11 NovResilient South Yorkshire car retailers battle flood setbacks
Car retailers in South Yorkshire have shown resilience with a series of rapid clean-up operations after a month’s rainfall fell in just one day last week – triggering severe flooding throughout the region.
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Finance and insurance 30 SepInsurance add-on suppliers resilient in face of FCA attention
Leading insurance add-on companies aren’t blinking as the FCA takes increased interest
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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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Latest 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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Latest 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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Latest 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.
