Compulsory Third Party Insurance Explained

Compulsory Third Party Insurance Explained

When the statistics came out showing just how few people understood Compulsory Third Party Insurance, it created quite a discussion with several of my longest standing friends. Within LMI, there are a number of our staff who have been involved in motor vehicle accidents where the third party had no insurance at all. The worst was an overseas student, who had borrowed a friend’s car, […]

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Driver-less car technology fails a pedestrian. Lessons still to be learned.

Driver-less car technology fails a pedestrian. Lessons still to be learned.

While visiting my daughter in Phoenix, Arizona at the start of the year I saw a number of driver-less Uber vehicles driving around the University of Arizona campus in Tempe (a suburb of Phoenix). At that stage, all the vehicles had a driver and you could opt to have the car drive itself or have the driver drive it. Having borrowed my daughter’s car I […]

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Addressing the lack of understanding about Compulsory Third Party (‘CTP’) insurance often referred to as Green Slip insurance

Addressing the lack of understanding about Compulsory Third Party (‘CTP’) insurance often referred to as Green Slip insurance

Steve Manning, an old friend Mike Quinlan and I are concerned at the many reports that have come out recently about the lack of understanding about CTP insurance. With this in mind, Mike is preparing a guest post and Steve is preparing a short video on the topic for his Insurance Bites YouTube Channel. I will let everyone know as soon as they are up […]

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Fined for using a mobile phone while in charge of a motorised lawn mower

Fined for using a mobile phone while in charge of a motorised lawn mower

As regular readers will know I am a very strong advocate against the use of mobile phones, particularly texting while driving. I support the introduction of exclusions in motor vehicle policies as a deterrent against this extremely dangerous practice. I therefore read with interest that police in the UK pulled over a council employee who was, I gather, driving the motorised industrial ride on lawn […]

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A Changing of the Guard – Financial Ombudsmen Service (FOS) soon out and Australian Financial Complaints Authority (AFCA) coming soon (1 November 2018)

The Australian Financial Complaints Limited (AFCL) has received authorisation from the Minister for Revenue and Financial Services, the Hon. Kelly O’Dwyer, to establish and operate the Australian Financial Complaints Authority (AFCA). Both the Minister (media release) and AFCL have issued a media release, and announced the new members of the AFCA Board. In case you have not seen either, I would advise the following key points. Under […]

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Consider vehicle security when you purchase your next car

I read with disbelief that luxury car manufacturer, BMW has been reported in an article in the Daily Mail newspaper which caught my son Steve’s eye while he was in the UK, that they (BMW) are unable to prevent thieves from using a simple relay box to break into their top of the range model vehicles. Furthermore, the car giant, renowned for its excellence in engineering, continues to refuse to […]

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NSW introduces new laws to curb the serious issue of distracted drivers

I have posted several articles over the past few years on the very serious issue of people texting and generally being distracted by their mobile devices while driving. One post covered the terrible case where in February this year, a 22-year-old man, who allegedly took his eyes off the road for up to 20 seconds to use his phone, seriously injured two policemen setting up a […]

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April is Distracted Driving Awareness Month in the US

I have posted articles on the very real issues arising from drivers being distracted on their phones while driving. As such a headline which read 3 Ways the Insurance Industry Can Kick Distracted Driving to the Curb, caught my eye. Having read the article by  assistant editor, Will Jones, of IA’s (Independent Agent) on-line magazine, I thought it had some excellent points and had equal relevance to our part of […]

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Self driving cars ARE the future.

As has been reported in the news today, Uber has suspended its self driving car testing after a pedestrian was hit and killed in the state of Arizona, United States. I said in a 2016 blog and I still maintain that, there is no doubt there will be accidents and deaths as the technology is developed, but there is already clear evidence that self driving […]

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What legacy are we leaving for the next generation

At least once a week, sometimes more than once a day, I am referred a matter where clients aren’t being given the right advice or being unfairly messed around during a claim. I know that many brokers and retired insurance professionals are helping with the same. I thought I would share a note I received from an old mate showing how wide spread this is: […]

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