Anti-theft motor agreement
Norwich Union, the UK Motor Insurance Repair Research Centre (Thatcham) and commercial vehicle manufacturers have reached an industry agreement to fit standard anti …
Anti-theft motor agreement
Norwich Union, the UK Motor Insurance Repair Research Centre (Thatcham) and commercial vehicle manufacturers have reached an industry agreement to fit standard anti-theft devices before sale.
Europe's major commercial vehicle manufacturers have agreed to put their new vehicles through a new vehicle security assessment from September next year, which will be undertaken by Thatcham. There will also be a major push to upgrade the security of existing vehicles.
Guernsey captive course
Guernsey's Training Agency has set up a Certificate in Captive Management course with Glasgow Caledonian University, to support its status as Europe's biggest captive domicile.
The course will be launched at the island's captive conference Risk 2002 on 18 September, organised by the Guernsey Insurance Company Management Association (GICMA).
The course will comprise a six-month distance learning study period with an exam set by the university's risk division.
Vauxhall plans sales boost
Vauxhall has launched a plan to boost insurance and warranty sales.
Its finance arm joined forces with Car Care Plan, the vehicle warranty specialist, to provide full-time finance and insurance experts in car showrooms.
The finance experts will offer a range of insurance policies including MOT, warranty and payment protection.
Participating dealers will be offered a shortlist of candidates for interview under the scheme.
It will be managed by Automobile Marketing Systems (AMS). The scheme launches this month and 20 dealers have registered so far.
Countrywide premiums grow
Broking network Countrywide has seen its members' premium income grow by £205m in the past 12 months.
Around 1,000 independent broking firms now belong to the Countryside network, with 55% of their overall book of business commercial lines.
The membership now controls premiums in excess of £2.5bn.
This accounts for 9% of the general insurance market, the company claims.
