F&I

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The Financial Conduct Authority (FCA) has identified shortcomings in how some motor insurance firms are valuing written-off or stolen vehicles.

The FCA has said it will start the process of reviewing firms’ treatment of vulnerable customers as it set out its plans for the next year.

Corporate general insurance provider Protector Insurance has selected AA Business Services as its accident management supplier.

Mel Bebbington has been appointed managing director of claims management and mobility business, Auxillis.

AM's latest Spotlight on Finance and Insurance Report has just been published and it can be read or downloaded here.

Cardiff-based Tandem Motor Finance has won a prestigious FLA ESG Award for exemplary commitment in consumer funding

Consumer champion Martin Lewis’s free tool for consumers to probe whether they were victims of discretionary commission agreements (DCAs) has logged the filing of over half a million complaints.

Older drivers are more likely to buy extended warranties, service plans and breakdown cover in the knowledge that repair bIlls could run into four figures.

Eight out of ten insurance firms have agreed to pause sales of Guaranteed Asset Protection (GAP) insurance at the request of the financial watchdog.

Dacia UK is hoping a new lease product, 'Flex', will tempt its Duster buyers into taking two bites of the cherry in 2024, by allowing them to minimise their commitment to long-term vehicle ownership.

The Financial Conduct Authority has appointed a third-party independent expert to consult with car loans firms as the regulator progresses its review of historic discretionary commission arrangements.

Private equity firm Keyhaven Capital Partners has agreed to sell its equity stake in independent collision repair group Steer Automotive to Oakley Capital.

Monthly figures from the Finance & Leasing Association (FLA) show that new consumer car finance business volume fell 7% in November compared to 2022.

Close Brothers Premium Finance (CBPF) has signed an exclusive deal with broker The Green Insurer

Mike Todd, chief executive of Volkswagen Financial Services UK, ponders the need for motor retail to offer options which cater for all preferences, now and in the future.

This month’s AM Live will feature an interactive panel discussion that will explore how to unlock future opportunities through automotive finance.

The Financial Conduct Authority (FCA) has moved to protect those in financial difficulty by requesting unregulated buy-now-pay-later BNPL firms to make changes to potentially unfair and unclear contract terms as new research reveals a significant increase in the use of short term financing.

ATG and account-to-account payment specialist Vyne have been able to cut retailers’ transaction fees by up to 73% with open banking technology.

Darren Sinclair, iVendi chief customer officer, shares his views on some of the crucial factors that will determine Chinese OEM success in the UK.

Cambria Investment Holdings has recruited Mike Allen to head its new investment company Cambria Private Capital.

Monthly subscriptions are becoming the preferred payment method for car buyers purchasing maintenance plans, according to a business specialising in managing manufacturer service plans

Geely's electric vehicle brand Zeekr has signed a pan-Europe deal with BNP Paribas Personal Finance and Arval for motor finance, full-service leasing and insurance services.