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There appears to be a bit of a shake up in  the way that cars are insured. Where companies allow drivers to use their own cars for company business it is being suggested that the companies now take out company policies that include the cars owned by the employees in order to ensure that all cars used for company business are adequately covered. There are also proposals to introduce Read more »

Apparently you could get free new cars from Vauxhall until recently provided you were a driving school and you ran a fleet of 3,500 vehicles. This astonishing fact has only just come to light as a result of Vauxhall refusing to provide free of charge cars any longer to BSM and telling them that they will now have to pay. Cars were provided on a 6 month turnaround so Vauxhall were providing 7,000 cars a year for free. BSM is owned by Aviva, formally Norwich Union, who now face costs of millions of pounds – time to sell shares? By Graham Hill

Insurance giant Norwich Union has warned businesses with fleet insurance policies to avoid the practice known as ‘Fronting’. This practice allows people who are not directly connected to the company to drive under its insurance. Mike Smith of NU said ‘Fronting in most instances, will invalidate the company insurance policy, leaving the business to pay for any damage to their vehicle. Also if any other driver is involved in an accident, while the insurer will be obliged to meet any liability cost, they can seek recovery of any such payments from the policyholder.’ By Graham Hill