Credit hire
Accident Exchange attributes six month loss to Autofocus
Credit hire company announces loss in trading update
Helphire agrees fix rate deal with "significant" insurer
Credit hire firm claims others are involved in pilots.
Credit hires firms dealt legal blow
CHOs may pay for unnecessary hire delays following County Court ruling
Helphire encouraged by cash collection
Group MD Martin Ward claims it is also seeing "significant" new business opportunities.
Never a dull moment
With the current controversy in the credit hire market regarding spot hire rate validation, Daniel Dunkley reports on the far-reaching and damaging impact and outcome this could have.
Pick of the week
IFB to move into new product areas; Stakeholders to discuss CPR rules; Hastings Direct to launch high street branch; Accident Exchange issues Autofocus proceedings; Primary Group set to axe 10% of staff
MMA appoints claims manager
Andrew Wooster promoted to new role
Helphire sees more insurer engagement but slips £149m into the red
Credit hire giant MD Martin Ward remains optimistic new management team will turn business around.
Pick of the week
Axa Insurance backs Autofocus in credit hire confusion; Broker Oval downplays shareholder discontent; Brown to head new MGA group; Towergate move over retention; and Evander intent on second Homeserve acquisition.
Accident Exchange: 2500 claims worth £22m may be impacted by Autofocus involvement
Credit hire firm gathers 1.5 million pages of evidence.
seeking a creditable solution
Issues concerning credit hire continue to trigger much debate on all sides of the industry. With this in mind, Post hosted a frank and open debate on the subject. Jonathan Swift reports.
Pick of the week
Markel aims fire at consumers with new online launch; Broker Willis dumps Bermuda; Law Society reviews insurance renewals; Homeserve loses out in LV repair restructure; and Autofocus to defend itself over credit hire case court threat.
Autofocus refutes evidence allegations
Company vows to “defend itself and its reputation”
Credit hire cases may come under scrutiny after Autofocus evidence disputed
Accident Exchange has "serious concerns" over evidence.
Helphire reveals extent of AA/Saga contract loss
Credit hire firm, however, buoyed by two contract renewals.
Pick of the week
Small adjusters to launch own association; QBE keen to acquire in Europe; Axa exits CHO code to establish own model; Only enters into administration; and Groupama restructure is hailed a success
Axa withdraws from Credit Hire GTA
Disproportionately high costs of existing arrangements with CHOs blamed for decision