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Crash for cash dropped by £60m
- 17/11/2015
- Posted by: Simon Wait
- Category: News
New figures released suggest the cost of ‘crash for cash’ fraud has dropped by almost £60 million in the last three years following a major crackdown by insurers and the police, forcing insurance cheats to change tack. Statistics from the Insurance Fraud Bureau (IFB) indicate an overall decline in ‘crash for [...] -
IFB step up battle against fraud
- 16/11/2015
- Posted by: Simon Wait
- Category: News
The Insurance Fraud Bureau (IFB) is planning to hold a round table with aggregators next month to talk about how they can work together in the fight against insurance fraud, the Insurance Times reports. IFB director Ben Fletcher said, ‘Theoretically aggregators could join the IFB if they wanted to. There is no [...] -
Halfords to expand network
- 13/11/2015
- Posted by: Simon Wait
- Category: News
Halfords has said it is planning to open between 10 and 15 new Autocentres each year to add to its existing network of 307 outlets. The servicing and MoT sector of the business seen like-for-like revenues up 4.6% to £75.5m in the 26 weeks to 2 October 2015, while like-for-like sales were up 3.3%. Halfords chief [...] -
Keychoice partner with RAC
- 13/11/2015
- Posted by: Simon Wait
- Category: News
Keychoice, the insurance distribution business owned by SSP, has signed a new deal that will see the RAC become the exclusive partner for motor breakdown. From early next year, brokers who are Keychoice members will have exclusive access to a fully integrated breakdown recovery scheme for cars, vans and motorbikes [...] -
Allianz profitable growth continues
- 12/11/2015
- Posted by: Simon Wait
- Category: News
Allianz Insurance has reported 'profitable growth' despite what it describes as ‘intensive competition in key markets’. Chief executive officer, Jon Dye, released a statement on Allianz’s progress, ‘I am pleased to report that Allianz has maintained its long- term delivery of profitable growth despite [...] -
TomTom signs deal with Uber
- 12/11/2015
- Posted by: Simon Wait
- Category: News
TomTom has signed a global, multi-year agreement to provide maps and traffic data for the Uber driver app. TomTom’s advanced map-making technology, combined with its world class traffic information, will ensure Uber has a seamless navigation experience, accurate arrival times and efficient journeys in more [...] -
UK auto sector is worldclass
- 12/11/2015
- Posted by: Simon Wait
- Category: News
The UK automotive sector’s workforce is one of the world’s most productive – but action is needed to address a shortage of skilled engineers and operators, according to new research by the Automotive Council. The report, which ranks the UK’s strengths and attractiveness for automotive investment against [...] -
Glasurit parrot celebrates 90th birthday
- 11/11/2015
- Posted by: Simon Wait
- Category: News
In 1925, when it was created, no one would have imagined that it would have had such an illustrious future. Back then, Glasurit didn't choose just any member of the parrot family, they chose the Ara, the largest and most colourful species of parrot with its primary colours of red, blue and yellow, indicating that any [...] -
Record sales for BMW
- 11/11/2015
- Posted by: Simon Wait
- Category: News
Following on from the best ever first three quarters in the company’s sales history, October was another record month for BMW Group deliveries. Sales of BMW, MINI and Rolls-Royce brand vehicles totalled 191,651 for the month, an increase of 4.0% compared with the same period last year. In the first ten months of [...] -
BFS pledges SME cash
- 11/11/2015
- Posted by: Simon Wait
- Category: News
More loans are expected to flow to small businesses after Bibby Financial Services (BFS) has pledged to increase its funding for UK small and medium-sized enterprises (SMEs) by more than £290m after refinancing with a banking club. The invoice finance provider has agreed a new deal with Barclays Bank, Bank Of [...]