Motor Insurers’ Bureau (MIB)
Insurers remain at odds with Apil over whiplash figures despite talk of collaboration
Insurers have welcomed calls by the president of the Association of Personal Injury Lawyers for greater collaboration, but have roundly rejected his argument that whiplash claims are on a downward trajectory.
IPT exemption for young drivers and SMEs gains industry support
Moves by the British Insurance Brokers’ Association to secure an exemption for young drivers and SMEs from the insurance premium tax hike have been welcomed by the industry, amid fears increased motor premiums could tempt youngsters to drive uninsured.
Ageas ups uninsured drivers' fight with police partnership
Ageas has sponsored a Hampshire Constabulary police vehicle fitted with automatic number plate recognition technology to help identify uninsured drivers.
MIB and DfT dispute allegations of uninsured drivers' agreement 'shambles'
The Motor Insurers' Bureau and the Department for Transport have rebuffed claimant lawyer allegations the new uninsured drivers' agreement is a "bodged job" that breaches European Union law and have confirmed they will not amend the document.
My Licence attracts 18% of motor market in opening six months
Around a fifth of the motor insurance industry is using the My Licence scheme, six months after the joint initiative between the Motor Insurers' Bureau and the Driver and Vehicle Licensing Agency went live.
Swift MID policy cancellation advised as 'archaic' certificate rule is scrapped
Insurers have been advised to promptly update the Motor Insurance Database to avoid continuation of liability after the "archaic" rule requiring a motor insurance policyholder to return their certificate of insurance in the event of cancellation was…
New uninsured drivers' agreement signed off
The Motor Insurers' Bureau is to implement an updated uninsured drivers' agreement that will come into force for accidents occurring on or after 1 August 2015.
MIB database to become motor liability trigger following paper certificate changes
Insurers will no longer have to pay third party motor claims for policyholders whose insurance has been cancelled following the implementation of the Deregulation Act this week, according to the Motor Insurance Bureau’s Technical director, Paul Ryman…
MIB reports 4.6% rise in hit-and-run accident claims
The number of claims relating to hit-and-run accidents increased 4.6% between 2013 and 2014, according to the Motor Insurers' Bureau.
Notion of non-compulsory motor cover for driverless cars dismissed by experts
Public mistrust of driverless car technology and a potential influx of personal injury law suits have been cited by industry experts as the main reasons why the development of autonomous vehicles will not lead to the end of compulsory motor insurance.
Insurers and claimant solicitors partner on fraud initiative
Insurers have teamed up with claimant solicitors to offer a service aimed at preventing fraudulent claims entering the compensation process.
Industry bodies welcome sentencing of cash for crash scheme fraudsters
The Motor Insurers' Bureau and the Insurance Fraud Bureau have welcomed the sentencing of insurance fraudsters for staging elaborate ‘crash for cash' insurance scams totalling over £1m.
MIB to take action as decline in uninsured drivers slows
Insurers have conceded they are largely powerless to prevent an uptick in uninsured drivers after the Motor Insurers' Bureau reported the number of motorists without insurance had “plateaued out” after a decade of steep decline.
10 found guilty in £1m fraud scam
Ten people involved in a £1m crash-for-cash scam have today been found guilty of conspiracy to defraud at the Manchester Crown Court.
DfT and industry players discuss scope of Vnuk legislation
Industry leaders are working with the Department for Transport to determine if certain vehicle classes should be taken out of European Union legislation that expands the requirement for motor insurance, amid fears of a future claims influx.
Applied Systems boss highlights broker benefits of My Licence tie-up
Applied Systems has reached an agreement with the Motor Insurers’ Bureau that will see the software provider’s brokerage management system Applied TAM UK connect to the MIB Hub to use the My Licence service.
Claims Club: Next government must address young driver issue
The insurance industry has a "friend" in Europe in the shape of Lord Jonathan Hill, the EU commissioner for financial services and capital markets, no matter what happens in May.
Penny Black’s Insurance Week - 29 January
When the New Years Honours list came rolling around, Penny was once again ignored.
The Claims Club Manifesto for Change: A Starter for Four
With the 2015 election looming and the outcome far from certain, it is time to ask what the insurance industry might be seeking from the next Government.
Welsh MGA and broker first to go live with My Licence
North Wales-based Staveley Head is the first managing general agent and broker to use the My Licence scheme.
Transactor goes live with My Licence
Transactor Global Solutions is the latest software house to announce it has gone live with the My Licence service with clients expected to use it in the coming months.
MIB's West and Hughes Insurance founder awarded OBEs
Motor Insurers' Bureau CEO Ashton West has been made an Officer of the Order of the British Empire in the Queen's New Year's Honours List.
Average policy savings of £15 predicted following My Licence launch
Motor Insurers’ Bureau CEO Ashton West has set his sights on the “the holy grail” of delivering claims data at the point of quote by 2016, following the launch of the My Licence initiative, which is expected to spark customer savings.
My Licence officially launches
The My Licence initiative has officially been launched by the Motor Insurers' Bureau and the Driver and Vehicle Licensing Agency.