Kwik Fit Insurance has taken steps to meet future legislation by investing in electronic car insurance certificate equipment.
The legislation to enable the delivery of electronic car insurance certificates is expected to arrive in 2009, making it easier to fulfil the needs of approximately 70 percent of Kwik Fit Insurance customers who buy their car insurance cover online. It also reduces costs, with less administration needed through the process.
There can be issues with electronic communication, especially regarding identity fraud, but Kwik Fit Insurance are investing in this new system to protect against such issues, which should be reassuring to customers and road users alike.
The view of Swinton, the biggest insurance broker on the high street, is that drivers with six points plus on their licence will soon be the norm, categorised as standard.
With the advent of the speed camera and the often scandalously low speeds at which they are set to trigger, Swinton feel it is not right to automatically penalise drivers because of these points. Bearing in mind the fact that approximately six million drivers have points on their licence, which is over ten percent of the whole population of the country, the approach from the insurer seems a very fair and sensible one.
Swinton are taking the view that the driver with six points on their licence today is as safe as the one who had three points five years ago and no points ten years ago. We just hope other insurers follow suit.
Excellent first quarter results for the Admiral group have raised expectations for a record year through the rest of 2008.
Turnover for the car insurance provider was up by 14 percent in Q1 compared with the same time last year at GBP232 million. More excellent news came with the increase in customer numbers that was also recorded. Admiral saw the number of customers rise by 17 percent, a factor that leads them to consider the possibility of a record year.
The CEO from Admiral insurance said that they would keep delivering good results in spite of the difficult trading conditions they are dealing with. Car insurance is something that everyone needs and by being competitive they can win more market share.
