CHOs warned to adapt and learn from Drive Assist demise
The collapse of 'insurer-friendly' Drive Assist should serve as a wake-up call to fellow credit hire organisations that have failed to adapt to the challenging conditions of the motor insurance sector, according to market observers.
Drive Assist UK fell into administration on 11 December, making 259 of its 640 employees redundant.
Administrator Zolfo Cooper said in a statement last week that "the loss of a major customer", known
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