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In association with & data collated byHeadlinesponsorsFor more information or to book your tickets visitwww.franchiseddealerconference.co.ukor call Nicola Baxteron 01733 468289DINNERthe networking dinner of the year14 June 2012Chesford Grange Hotel, KenilworthDealer tickets from £125Tablesfrom £1500Guest Speaker: Dennis TurnerDennis Turner was thechief economist at HSBC,heading a team advisingbankers on UK economictrends both within industrysectors and at regionaland national level.Before joining Midland Bank, Dennis worked at theNational Economic Development Office in Whitehall.His first job was as an economist for a trade union,where his responsibilities took in arbitration cases andthe preparation of pay claims.Throughout his career Dennis has had regular contactwith policy-making bodies. In a personal capacity, hewas one of a small number of private sectoreconomists who advised the pre-Blair Labour Party.He retains high level government contacts.Don't miss this invaluableopportunity to find out who themovers and shakers are at theAM100 Dinner - the showcase ofthe UKs 100 biggest dealer groups.And what a difference a year couldmake - will there be new namesand different groups in this year'stop 100? What number will yourclients be?The AM100 Dinner will take placeon the evening of the FranchisedDealer Conference on 14 June2012 at the Chesford Grange Hotel,Kenilworth.Book now! Network with dealers, suppliersand manufacturers from only£125 a ticket.SupportingsponsorsFDC12_association with & data collated byHeadlinesponsorsFor more information or to book your tickets visitwww.franchiseddealerconference.co.ukor call Nicola Baxteron 01733 468289DINNERthe networking dinner of the year14 June 2012Chesford Grange Hotel, tickets from £125Tablesfrom £Speaker: Dennis TurnerDennis Turner was thechief economist at HSBC,heading a team advisingbankers on UK economictrends both within industrysectors and at regionaland national level.Before joining Midland Bank, Dennis worked at theNational Economic Development Office in Whitehall.His first job was as an economist for a trade union,where his responsibilities took in arbitration cases andthe preparation of pay claims.Throughout his career Dennis has had regular contactwith policy-making bodies. In a personal capacity, hewas one of a small number of private sectoreconomists who advised the pre-Blair Labour Party.He retains high level government contacts.Don't miss this invaluableopportunity to find out who themovers and shakers are at theAM100 Dinner - the showcase ofthe UKs 100 biggest dealer groups.And what a difference a year couldmake - will there be new namesand different groups in this year'stop 100? What number will yourclients be?The AM100 Dinner will take placeon the evening of the FranchisedDealer Conference on 14 June2012 at the Chesford Grange Hotel,Kenilworth.Book now! Network with dealers, suppliersand manufacturers from only£125 a ticket.SupportingsponsorsFDC12_association with & data collated byHeadlinesponsorsFor more information or to book your tickets visitwww.franchiseddealerconference.co.ukor call Nicola Baxteron 01733 468289DINNERthe networking dinner of the year14 June 2012Chesford Grange Hotel, KenilworthDealer tickets from £125Tablesfrom £1500Guest Speaker: Dennis TurnerDennis Turner was thechief economist at HSBC,heading a team advisingbankers on UK economictrends both within industrysectors and at regionaland national level.Before joining Midland Bank, Dennis worked at theNational Economic Development Office in Whitehall.His first job was as an economist for a trade union,where his responsibilities took in arbitration cases andthe preparation of pay claims.Throughout his career Dennis has had regular contactwith policy-making bodies. In a personal capacity, hewas one of a small number of private sectoreconomists who advised the pre-Blair Labour Party.He retains high level government contacts.Don't miss this invaluableopportunity to find out who themovers and shakers are at theAM100 Dinner - the showcase ofthe UKs 100 biggest dealer groups.And what a difference a year couldmake - will there be new namesand different groups in this year'stop 100? What number will yourclients be?The AM100 Dinner will take placeon the evening of the FranchisedDealer Conference on 14 June2012 at the Chesford Grange Hotel,Kenilworth.Book now! Network with dealers, suppliersand manufacturers from only£125 a ticket.SupportingsponsorsFDC12_

NewsOFT wants insurance probeCompetition Commission expected to look at inflated costs involved in private motor claimsBy Neil KennettThe Office of Fair Trading (OFT) has announced a provisional decision to refer the private motor insurance market to the Competition Commis­sion after a study found 'evidence that insurers compete in a dysfunctional way that may push up premiums for drivers by £225m a year'.The accusation is that costs are inflated by the insurer of the 'not-at-fault' driver, with claims management referral fees and whiplash claims in the spotlight. It could have implications for dealers' revenue streams from accident manage­ment services and crash repair.Welcoming the news, Nick Starling, of the Asso­ciation of British Insurers (ABI), said: "For too long insurers and people paying premiums have faced inflated rates for credit hire cars and exces­sive hire periods, which have led to higher premiums," he said.Andrew Moody, managing director of Retail Motor Law (RML), said: "I applaud the OFT. It is the right decision given the shocking evidence."Dealers have told AM of their concern that younger and inexperienced drivers are being deterred from car ownership because of high insurance costs.The OFT's study suggest that practices which appear to inflate the cost of replacement vehicles provided to not-at-fault drivers, making it on average £560 more expensive each time, included:n After road traffic accidents, many insurers of not-at-fault drivers, brokers and repairers, refer those drivers to credit hire organisations that tend to charge higher daily hire rates, in exchange for a referral fee of between £250 and £400 per car hire.n Not-at-fault drivers appear to receive replace­ment vehicles for longer than necessary, leading to inflated bills for the at-fault driver's insurer.Practices which appear to be inflating the cost of repairs to not at-fault drivers' vehicles by £155 on average each time, included:n Some insurers receive referral fees and rebates from repairers, paint suppliers and parts suppliers. It appears the cost of these referral fees and rebates to insurers increases the repair bills being passed to the at-fault driver's insurer.n Certain insurers have agreements with their approved repairers to charge higher labour rates when repairing the vehicle of the not-at-fault driver which they insure, leading to higher bills being passed to the at-fault driver's insurer.A final decision is expected in October.To view the full market study Click here