Verisk (NASDAQ:VRSK) announced it has acquired Validus-IVC, a provider of claims management solutions and developer of the leading subrogation portal in the UK, verify. Validus-IVC has offices in Norwich and Bath, United Kingdom. The integration of Validus-IVC’s verify platform with Verisk’s global claims analytic services will allow customers to take advantage of enhanced analytic and […]
UK National Body Repair Association Calls on Insurers to Address Collision Repair Cost Inflation
The National Body Repair Association (NBRA), the trade body for collision repairers in the UK, is calling on the insurance industry to do more in helping repairers keep up with rising costs. The announcement follows recent news that Audatex will be increasing their prices up 3.5 percent in the UK starting July 1. According to […]
Fix Auto UK Adds Collision Repair Center to Network in Felixstowe
It may have taken more than a decade but Fix Auto UK has secured the signing of Suffolk-based Patterson Accident Repairs, a move that ensures further representation for the network on the east coast. Owned by Keith Patterson, the 9,500 sq. ft. repair center will now operate as Fix Auto Felixstowe. Commenting on why he […]
Innovation Group Acquires TCS Claims in UK
The Innovation Group (IG) announced that its UK business is acquiring TCS Claims (TCS) from Endsleigh Insurance Services Ltd, and starting a strategic relationship with Endsleigh for the provision of claims handling services. TCS was established by Endsleigh in 1999. The business provides a full-service claims handling capability to a number of insurers, brokers, MGAs […]
Fix Auto UK Adds Collision Repair Center to Network on South Coast
Fix Auto UK announced that St Leonards Motors Bodyshop and Accident Repair Centre has joined its collision repair network adding further representation on the south coast. Managed by Mark Booth, the 22,000 sq. ft. collision repair center will be known in the network as Fix Auto Hastings. The four-booth facility which is staffed by a […]
Allianz’s Graham Gibson appointed as Chairman of UK’s Thatcham Research
Thatcham Research, the UK-based motor insurance automotive research center, has announced the appointment of Allianz Insurance’s Graham Gibson as the new Chairman of its Board. As chief claims officer at Allianz Insurance, Gibson is an industry advocate with extensive experience in a range of market initiatives across claims and personal injury. He also serves on […]
Fix Auto UK Adds Collision Repair Center to Network in Liverpool
Fix Auto UK announced its third new franchisee in less than six weeks with the addition of Crossleys Accident Repair Centre to its network. They will now operate as Fix Auto Liverpool. Owner Martin Cross, who has been repairing vehicles for the last 21 years, got the keys to the 22,000 sq ft repair center […]
Spies Hecker Renews Three-Year Agreement with Volkswagen Group UK
Spies Hecker, one of the refinish paint brands of Axalta Coating Systems, announced it has maintained its preferred paint partner status with the Volkswagen Group UK (VWG) in a three-year contract renewal. Mark Andrews, National Sales Manager for Axalta in the UK & Ireland, says, “Spies Hecker and Volkswagen Group UK (VWG) have worked closely […]
Cost of Car Insurance in UK Costs 10% of a Young Driver’s Salary
Growth of injury claims and taxes drive higher costs for young people. All their salary for the year to date would go to pay auto insurance premiums. The Association of British Insurers (ABI) reported further evidence of the need to tackle rising motor insurance premiums – the cost of car insurance now gobbles up 10 […]
UK National Body Repair Association Raises Concerns over Late Payments by Accident Management Companies
The National Body Repair Association (NBRA) has written to Small Business Commissioner Paul Uppal, to bring to his attention the impact that late payment culture is having on the UK economy, and the threat it poses to UK bodyshops every year. “The body repair sector is an industry that has been severely hampered by the […]