Tag Archives: Insurers

Insurers to cut premiums in exchange for licence data

Insurers to cut premiums in exchange for licence data

A new data sharing scheme between insurers and the DVLA will result in drivers being asked for their licence number by insurers. The ‘MyLicence’ scheme will – according to the Association of British Insurers –  lower premiums and make it easier to identify fraudulent non-disclosure.

Insurers slammed for extortionate admin fees


Some insurance companies are charging ‘extortionate’ fees for a driver to change minor details on a car policy, a study by Which?  has found. The consumer magazine investigated car and home insurance company administration fees after complaints from consumers.It found that Hastings was charging customers £35 to change a surname on a policy, while Axa and Swiftcover were charging £30 for minor changes including transferring the policy to a new car or changing address.