BIBA 2010: Insurers and brokers warned over "cancerous" credit hire issue
Delegates were warned yesterday that if the industry does not address the issue of credit hire, it will get even more “cancerous” and ultimately ruin the insurance industry’s reputation.
That was the view of television motor journalist Quentin Wilson in the motor seminar at the British Insurance Brokers' Association (Biba) conference, ‘Claims Wars'.
He added: "One thing is for sure, the Government is not going to do anything about it. It is your problem and you will have to resolve it yourselves. So accident management companies, insurers and brokers have to get together to do something to self-regulate this.
"There are 32 million people that have to have insurance and yet you
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