Tag Archives: motor claims
Inflation rate for motor claims settled in 2021 reached 6.2%
Inflation rate for motor claims settled in 2021 reached 6.2% Average claims settlement times in Q1 2021 were two months longer compared to the same period in 2019. Motor claims inflation is expected to accelerate in 2022 following a 6.2% increase in 2021, according to new research published by our network partner Willis Towers Watson (WTW).…
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Directors & Officers: Motor Trade
Directors & Officers: Motor Trade What is Directors & Officers (D&O) Insurance? Director and Officers Insurance is sometimes known as “Management Liability” and it’s there to protect you financially against any claims made against you personally as a director, partner or officer of your business. From health and safety concerns to a claim for breach…
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Whiplash reforms – in place from now
Whiplash reforms – in place from now From the 31st May new whiplash reforms came into legislation. WHAT DOES THIS MEAN? Historically, the limit for the Small Claims Track (the route to bring low value claims to court) was £1,000. The reforms will increase this limit to £5,000. This will mean that if a person…
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Ascend launch fleet of telematic equipped vehicles
The first of our Ascend branded motor cars arrived a few weeks ago, you may have seen them around! These are equipped with state of the art telematics camera systems that we are happy to demonstrate to you or any fleet operator. These systems are not standard SD card systems but communicate directly to our chosen…
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