View more on these topics

Royal & Sun Alliance brings down car crime

As official figures show the first rise in car crime for seven years, MORE TH>N, the direct financial services arm of Royal & Sun Alliance announced partnership with the Home Office to bring down car crime by a third.

With a strapline of “Don&#39t give them an easy ride. Crime let&#39s bring it down”, the campaign aims to reduce car crime by 30% by the end of 2004 &#45 that&#39s 300,000 fewer offences. Vehicle crime accounts for nearly one fifth of all recorded crime and costs £3billion a year.

Lee Mooney, group motor manager, MORE TH>N, says: “As a leading car insurer we are acutely aware of the effects of car crime. We reckon car crime adds £30 to the average motor insurance premium so it affects everyone whether or not you&#39ve had your car stolen.

“We&#39re going to be working on a number of exciting initiatives aimed at changing driver behaviour and making people safer. One thing we&#39re looking at is building on US police style initiatives and publishing detailed information on the kinds of areas where drivers are at risk and what they can do reduce the chance of becoming a victim of crime.”

In addition to raising awareness amongst its own customers on how they can reduce their risk of falling victim to criminals the insurer is also looking to develop joint initiatives with other partner organisations.

Mike Wear, chairman of the government&#39s vehicle crime reduction action Team added, “We all have a part to play in bringing down car crime, the Government, the motor industry and individual car drivers. Opportunist thieves commit a large proportion of vehicle crime. Our message is don&#39t give them an easy ride &#45 let&#39s bring crime down.”


FSA set to rejig contents of comparative tables

Buy-to-let, non-status and self-build mortgage products will be omitted from regulated mortgage product tables, the FSA has said in its most recent comparative tables bulletin.The regulator says that tables will include first charges, owner-occupied residential mortgages and sterling mortgages. Buy-to-let, impaired credit and &#39non-status&#39 mortgages, commercial, business, self-build, equity release, let-to buy, staff mortgages, further […]

ICMG looks to cultivate Bonsey appointment

Packager ICMG has snapped up a business development manager from The Mortgage Placement Company to head up a new division, specialising in the foreign national and ex-pat mortgage market.ICMG poached Steve Bonsey to head up its new office in Waterloo, London, upon the recommendation of igroup.Bosses at ICMG say Bonsey felt sidelined after TMPC signed […]

IFS signs up training expert as new director

The Institute of Financial Services has signed up an education and training expert as a new director. Tony Tudor joins the IFS from his position as head of enforcement at the General Insurance Standards Council. Previously Tudor was director of education at the Chartered Insurance Institute, a post he held between 1992 and 2001. After […]

Protection Partnership launches mortgage desk facilities

Protection Partnership Ltd, one of the largest non-regulated networks in the UK, has announced the provision of mortgage desk facilities for all members. The desk will be serviced by the Domain Financial Network. The new relationship offers all Protection Partnership full mortgage packaging facilities, post-boxing, a whole host of exclusive mortgage products and assistance with […]

What triggers the MPAA?

Jim Grant – Senior Product Insight & Technical Support Analyst There’s sometimes confusion around what triggers the money purchase annual allowance. Find out what does and what doesn’t trigger the MPAA. The money purchase annual allowance (MPAA) is a reduced annual allowance that can apply to contributions to defined contribution (DC) schemes. The following table […]


News and expert analysis straight to your inbox

Sign up