header-logo header-logo

03 March 2017 / Nicholas Bevan
Issue: 7736 / Categories: Opinion , EU , Insurance / reinsurance
printer mail-detail

Conflicts of interest?

nlj_7736_bevan

The new Untraced Drivers Agreement fails to ensure full conformity with the protection required under European law, as Nicholas Bevan explains

On 13 January the Motor Insurers Bureau (MIB) published its new Untraced Drivers Agreement 2017 (UtDA 2017) as well as amendments to the Uninsured Drivers Agreement 2015 (UDA 2015). The changes came into effect this week (1 March 2017).

The MIB is a consortium that is owned and controlled by every motor insurer authorised to sell compulsory third party motor insurance in the UK. It was set up in 1945 at the insistence of the government and specifically charged with providing a safety net for victims of uninsured drivers and insolvent insurers. Over the years, the industry has enjoyed a licence to dictate the terms under which the MIB discharges this public service. This has led to the schemes becoming increasingly skewed in its interests. Properly understood, the MIB is a public body but, as an emanation both of the insurance industry and of the state, it is heavily conflicted in its compensatory

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

mfg Solicitors—Tracy Ashby

mfg Solicitors—Tracy Ashby

Birmingham partner returns to private client practice

No5 Barristers’ Chambers—Ian Tullett, Daniel Griffiths & Marc Forrest-Thomas

No5 Barristers’ Chambers—Ian Tullett, Daniel Griffiths & Marc Forrest-Thomas

Set introduces C-suite leadership team to support continued growth

Coodes Solicitors—17 promotions

Coodes Solicitors—17 promotions

Firm promotes 17 lawyers, including five new partners, across multiple practice areas

NEWS
As family structures evolve, the law may face difficult questions about inheritance rights for those in polyamorous relationships
A series of procedural developments could have significant practical consequences for litigators. Writing in NLJ this week, columnist Stephen Gold highlights important updates ranging from digital court reforms to family procedure and admissions of liability
Global mobility is transforming family law, creating new challenges around jurisdiction, assets and child arrangements
The civil justice landscape could be heading for a shake-up, with reform of the Solicitors Act 1974 gathering pace
Employers are being urged to prepare now for far-reaching employment law changes taking effect in January 2027
back-to-top-scroll