Allianz Insurance plc
57 Ladymead Guildford Surrey GU1 1DB
01483 568 161
https://www.allianz.co.uk/
  • About Allianz

    Allianz Insurance is one of the largest general insurers in the UK and part of the Allianz Group,  a leading integrated financial services provider and the largest property and casualty insurer in the world.  The mission of Allianz Insurance is to be the outstanding competitor in our chosen markets by delivering products and services that our clients recommend, being a great company to work for and achieving the best combination of profit and growth. We aim to achieve this by putting the customer at the heart of everything we do. 

    Allianz is able to offer customers a wide range of products and services including home and motor and commercial insurance with full range of products and service for sole traders' right up to large commercial organisations.  Allianz Insurance employs over 4,500 people across a network of 20 offices in the UK and the company’s Head Office is situated in Guildford, Surrey.  Our heritage and financial strength help make Allianz what it is today; a safe and trusted partner. Over 40 FTSE100 companies partner with Allianz.  youTalk-insurance sharing Allianz Insurance news and video

     

Driving law changes coming in 2019

2019-driving-law-changes

In 2019 we see a number of laws from 2018 coming into force along with amendments to the Highway Code. Some of these include:

Changes to car tax

Car tax is increasing for the majority of motorists from April this year as it rises in line with inflation. This means drivers may face an increase of anything from £5 to £65.  Only cars that produce 0g/km of CO2emissions and cost under £40,000 are exempt from tax.

Changes to the Highway Code

Following new legislation in March 2019, the Highway Code has been updated to include new fines and points for dangerously overtaking cyclists. The new edition of the code states that drivers should leave a gap of 1.5 meters when overtaking a cyclist. If you are caught breaking the rule you could face a £100 fine and receive three penalty points.

Civil Liability Act

The Act received Royal Assent in December 2018 and is, therefore, now law. The first part paves the way for whiplash reforms. Those reforms will be set out in separate regulations. The intention is that those regulations will provide a tariff of the levels of compensation payable for different severity of whiplash as well as increasing the small claims track limit for all injury types.

According to the Association of British Insurers (ABI), more than 1,500 whiplash claims are made every day in the UK, which adds around £90 to the average motor insurance premium. Under the latest proposed tariff structure, the maximum fixed tariff for a whiplash injury, applicable to victims who have suffered for up to 24 months will be £3,725, although a discretionary 20% uplift in damages may be awarded in exceptional cases. Should the changes be made, the small claims limit for road traffic accidents will increase from £1,000 to £5,000, and other PI claims would double from £1,000 to £2,000.

Part 2 of the Act sets out the process for reviewing and adjusting the Ogden discount rate used to value future losses claimed as a consequence of serious injury. Royal Assent triggered the review period which must now be completed by 7 August 2019. We are hopeful it will more properly reflect the investment returned earned by claimants on their compensation payments.

The code has also been updated, detailing new MOT requirements which came into force in May 2018. There are new categories for cars; Dangerous, Major, Advisory, and Pass and drivers must be aware of new checks for, amongst other things, under-inflated tyres and contaminated brake fluid.

Latest video

Allianz recent acquisitions – A message for brokers from CEO Jon Dye

Following the recent news that Allianz UK will be acquiring 100% of Legal & General's general insurance business and buying out the remaining 51% stake in LV=... click here for more