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QuoteMeToday Optimistic about 14,000 New Recruits Bolstering the Motor Trade Industry

Written by on February 22, 2012 — Leave a Comment

Expert motor trade insurance brokers, QuoteMeToday, have highlighted the benefits of a growing workforce in the automotive industry.  Record figures of youngsters are embarking on careers in auto trading as the sector offers so many different lines of work.

QuoteMeToday have a key role to play in the industry, brokering motor trade insurance packages on behalf of dealerships.  With more budding engineers working in maintenance and production, their services are expected to be in high demand, as traders seek to acquire extensive protection.

Over 14,000 people were recruited nationwide as apprentices in 2011.  According to the Society of Motor Manufacturers (SMMT), the industry is fully committed to drawing more young graduates into careers with huge potential.  QuoteMeToday have responded positively, explaining how the recruits effectively set the foundation for a healthier automotive future.

QuoteMeToday have been sourcing bespoke motor traders insurance for their clients over many years – they are stressing the importance of extensive cover for extensive workforces.

A spokesperson for the brokers commented:

‘The figures from the SMMT are encouraging for everybody involved in the automotive sector.  It is always nice to see some good news about job prospects, especially for young people.  These new recruits are the future of the industry – nurturing their talent now is gradually going to benefit motor trade from a global perspective.’

Starting salaries can be very appealing, some of which surpass the average post-grad wage by 10%.  The National Apprenticeship Week prompted the SMMT to release the recruitment figures earlier this month.  Following the release, the optimism from QuoteMeToday is likely to spread industry-wide.

Meanwhile, over 60 per cent of British companies are funding regular training courses for staff, to consistently sharpen skills across the board.  QuoteMeToday reiterate that such a well oiled business ought to be protected with adequate insurance for the right price.

Posted in Motor Trade Insurance

QuoteMeToday Examine Driving Test Changes and Driving School Insurance

Written by on February 14, 2012 — Leave a Comment

Highly experienced insurance brokers, QuoteMeToday, have studied the changes to the UK driving test and are taking a balanced viewpoint on the matter.  With even more changes planned to prevent immigrants from taking tests in their native language – there is a lot for the brokers to digest.

QuoteMeToday have been sourcing driving school insurance on behalf of instructors for years – professionally dealing with multiple accident claims along the way.  They know the dangers of the road inside-out and with the driving test toughening up, QuoteMeToday are hoping it will at least have a positive impact on crash rates.

No longer will answers to the driving theory test be published in a Driving Standards Agency book.  Students will need to learn the Highway Code themselves and apply ‘real’ knowledge instead of simple memory to get through the exam.  QuoteMeToday are looking at the reasons for change from a neutral perspective.

A spokesperson for the brokers commented:

‘Not all students revise for their theory test by just memorising text.  A lot of learners gain invaluable theory insight from their instructors during live lessons.  Still, a tougher test should hypothetically result in safer roads, which is great news for everybody.’

Meanwhile, further changes are planned to put the blocks on foreign language examinations.  Ministers are worried that some immigrants will cheat by get a helping hand from translators during the theory exam – the concern comes after over 700 licenses were invalidated in the last two years, as a result of DSA investigations into rogue translators.

Ministers are doubly concerned about the risk of non-English speaking drivers because of their potential inability to read text-based road signs.  QuoteMeToday are again neutral on this point and, instead, are focusing their energies on their outstanding service to the driving instructors.

QuoteMeToday are experts when it comes to negotiating driving instructors insurance through their network of insurance contacts.  They promote the idea that all tutors should be covered with specialist insurance packages because of their vehicle’s increased vulnerability to minor accidents as learners take to the wheel.

Posted in Driving School Insurance, General

Professional Indemnity Insurance and Quality Risk Management is Essential for SMEs

Written by on February 13, 2012 — Leave a Comment

Gaining a competitive advantage can remain the major focus for SME professionals who protect themselves appropriately.  Risk management can save a business a lot of hassle and finance, whereas professional indemnity (PI) cover can cushion the blow of the sometimes unavoidable issues.

Health and safety protocol, regular inspections, training programmes for staff – risk management can seem like a complex process.  All managers need to consider risk management as a fundamental component to the day to day running of their business.  If it is neglected, insurance premiums can rise and employers can be held liable for all kinds of claims – claims which are on the rise anyway.

The Insurance Times recommend brokers’ assistance can help when placing cover.  Brokers have experience in dealing with multiple organisations and therefore also have the ability to level SME risk management against similar, or even larger, companies.

Service providing organisations can only control so much of their business though and professional indemnity insurance can protect them from claims of negligence against their duty.  A lot of these claims can be false but with the right cover, SMEs can stay focused on their business objective, rather than sparing more time and budget than they need to, going through the legalities of a claim.

If a customer or client believes they have incurred a loss or damage due to the negligence of another party, they are within their rights to claim.  PI insurance should protect the accused, whether they are guilty of negligence or not, for any losses up to the settled insurance amount.

However, some policies come with limited cover and expensive excess payments.  The positive side is that brokers are experts in the field of pi insurance and can take a bespoke order from a SME and find the right insurance package to match requests exactly.

Different SMEs will have different vulnerabilities when it comes to legal action against them.  Brokers specialise in finding heavily armoured PI insurance policies for all types of ventures, making it very difficult for plaintiffs to penetrate.  Should an accuser make a legitimate claim, the broker-sourced policy will cover the legal expenses and save professionals from sacrificing their whole operation to deal with unfortunate incidents.

Posted in Professional Indemnity Insurance

How to Obtain Cheap Motor Trade Insurance by Customising Policies

Written by on January 6, 2012 — Leave a Comment

The only feature of motor trade insurance which is mutual across every policy is road risks protection – a legal requirement to cover all business-associated vehicles while driving on public on roads.  Beyond this, policies can be tailored to suit a variety of needs and excluding unnecessary features can dramatically enhance the appeal of your quote price.

A business with any amount of registered vehicles taking to public roads needs a motor traders insurance package.  Directly applying through insurers can sometimes result in surprisingly inflated quotes.  This is because the policies include extra-protective features such as cover for business premises, employer liability and even profit loss as a result of natural hazards.

Policies don’t have to include all of these features to be of maximum benefit to certain businesses.  A self-employed courier for example may not need premises insurance as they keep their vehicle secure at home.  Extracting this feature from their policy can be done through the aid of an insurance broker at the initial stage of signing up.

Brokers are open to receive a set list of insurance requirements for any business, which they then use to acquire a bespoke package to cover everything requested.  Not only does this provide peace of mind to the business in question but also eliminates any unnecessary extras that can bump up the quote price.

The result is cheap motor trade insurance with optimum protection.  Insurance brokers are experts in acquiring tailored deals on behalf of their clients and if you get in touch with a reputable one today, you can save money and bolster your protection on a whole.

The brokers use their contacts in the industry to seek out specialist requests.  Gaining discounts through their negotiation skills is also feasible and their services are high in value.  Expensive extras like legal expenses may not be necessary for some.  Equally, certain companies may want to combine their Goods in Transit cover with their motor trade insurance – which is of course a possibility when operating through a broker.

Posted in Motor Trade Insurance

Is Your Trucking Technology Covered by Your Lorry Insurance?

Written by on January 6, 2012 — Leave a Comment

Freighting cargo nationwide is a colossal operation and more trucking firms are installing state of the art technology to their vehicles in order to maximise efficiency.  Such equipment may not be covered by certain insurance deals and modernistic firms could be running a bit of a risk.

Hybrid-fuel engines, auto-sealing truck tyres and fleet-locating satellite systems are just a few of the major steps forward in the trucking industry today.  All innovations are designed to make trucking more convenient and much more cost-effective.  However, just one accident could devastate a business unless they are protected by the correct lorry insurance package.

During winter months, lorries are particularly vulnerable to potential accidents but dispatch companies can’t afford to leave their fleet dormant and allow business to freeze.  There are technologies such as winter adapting tyres for 18-wheelers which can help but the only way to be absolutely sure an accident doesn’t leave a pile-up of unaffordable repair costs in its wake, is to cooperate with quality insurers to cushion the costs.

Trucks using a state-of-the-art rear loading lift may not be covered for loading accidents involving the lift.  Thorough reading of insurance policies is crucial to understanding the extent of your protection policy.  If you are concerned about extra protection for a loading lift or any other specialist areas – discuss everything with a recommended truck insurance broker who will go out of their way to find an insurance deal which covers you for everything.

Lorries can now be purchased, pre-armed with all the latest technology but others may have modifications manually installed.  Custom parts may also slip through your insurance policy and you can save money, time and effort by getting in touch with a broker – they do all the legwork and you can relax knowing your truck, or fleet of trucks, will be fully protected.

Shopping around for specialist insurance deals can be tedious – especially when speaking to junior staff who may not be as clued up on unique requests.  Experienced insurance brokers excel at establishing cooperative relationships with insurers and will do everything in their power to satisfy their clients i.e. you.

The haulage industry is evolving rapidly and it’s up to brokers to source the insurers who can keep up – use them to protect your modern trucks and your income stream.

Posted in HGV Insurance

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