Insurance
Who is the biggest motor insurer in the UK?
Admiral
What year was the Leicester office opened?
2015
What year was the OIC reform?
2021
What is our newest Third party fraud type?
NOMA
What did Cameron V Hussain & Liverpool (LV) confirm?
Proceedings may not be brought against unnamed parties that cannot be identified or traced.
Which company's advertising has featured a nodding, talking dog mascot?
Churchill
When was Hastings Direct founded?
1996/1997
What is the highest value an injury claim can be within the OIC portal?
£5000
What is the most stolen car in the UK?
Ford Fiesta
If our driver has a provisional licence at the time of the accident, what requirements should we be looking for?
Our PH needs to have been driving with someone over the age of 21 & held a UK licence for at least 3 years
Name 3 types of motor insurance?
Comprehensive, Third Fire & Theft, Third Party only
How many types of insurance do Hastings offer?
Four
What does "ABI" stand for?
Association of British Insurers
What does IFR stand for? When would it need to be updated?
Insurance Fraud Register – typically update when we either get an FD finding or admission of fraud.
What does impecuniosity mean?
Couldn't have afforded to hire from a local, reputable mainstream provider as they lack the sufficient funds.
Which global insurance company is Switzerland's largest insurer?
Zurich
What was the name of the system we used to handle claims prior to Guidewire?
IS2K
What are the 4 elements a claimant must prove to establish negligence?
Causation, Duty of care, Breach of Duty & Damage
Who would we instruct to determine the cause of a mechanical fire?
Hoopers
Can a claimant be found "Fundamentally Dishonest" in a Credit Hire only Trial?
No
What is the current average cost of car insurance in the UK is what?
A. £941
B. £1092
C. £794
A. £941
What sporting event did Hastings Direct sponsor between 2003 & 2007 in a deal worth £350,000 per year?
What three insurers did we first have a BI Lateral credit hire agreement with in 2020?
Aviva, LV & Esure
What is our fraud repudiation target for 2024?
62 million with a stretch of 70 million
In what time frame does a PH need to report a theft to the Police for us to provide cover?
7 days