Changing times, Changing risks
Much changed in 2018 that impacted drivers and fleet operators- we’ve chosen four areas to focus on.
Accelerating towards a driverless future
The sheer pace of advancements in automated vehicles technology over the past few years has left the UK’s legislative and regulatory framework playing catch up as we accelerate towards a driver-less future!
Brexit and the Motor Trade industry
Though the Brexit referendum was almost two years ago, we’re still waiting to see the shape of the motor insurance sector once we actually exit the EU. This is particularly pertinent in motor insurance where more than 2.5 million private and commercial vehicles travel from the UK to the EU every year.
Insurance Premium Tax Increase
On 1st June, Insurance Premium Tax will increase from 10 to 12 per cent, meaning the tax has doubled in just 18 months.
