Biba throws weight behind OFT motor investigation
The British Insurance Brokers’ Association (Biba) has added its support to the Office of Fair Trading’s (OFT) investigation into credit hire and vehicle repair.
The OFT announced yesterday that it is to look at the provision of third party vehicle repairs and credit hire replacement vehicles in the UK motor market to address features of the market that it feels restrict and distort competition.
Graeme Trudgill, head of corporate affairs at Biba, said: “Biba's submission to the OFT called for greater regulation of claims management companies (including credit hire) reform of the Northern Ireland legal system and further analysis of some of the practices
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