Chapter 8 Flashcards

1
Q

Common Law Agreement

A

an agreement dealing with claims under motor and employers’ liability policies held by the same insured with different insurers

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2
Q

RTA/DRI Agreement

A

an agreement to avoid expensive litigation when an insurers status changes under the Road Traffic Act 1988

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3
Q

Dual Indemnity Undertaking

A

Ensures that if a driver is covered by more than one insurance policy for a vehicle, no contribution is sought from the insurer of the driver’s vehicle

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4
Q

Reduction in Paper Exchange (RIPE)

A

A method for insurers to recover accidental damage costs without needing supporting documents unless necessary

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5
Q

RTA Insurer vs Article 75 Insurer

A

RTA - a vehicle is involved in an accident and the driver is identified

Article 75 - if the vehicle is stolen or the driver is unidentified, the insurer may be an Article 75 Insurer

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6
Q

2016 European Court of Justice

A

The court ruled that a motor policy must meet the insureds civil liability to third parties

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7
Q

How does an insurer’s status change if it obtains a policy avoidance declaration?

A

If a declaration is made under section 152 of the RTA 1988 to avoid a policy, the insurer can avoid RTA liability and may reduce status to Article 75

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8
Q

2015 Uninsured Drivers Agreement Change

A

The MIB is now required to meet claims arising from the use of uncoupled trailers (runaway trailers)

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9
Q

Vnuk Decision (2014)

A

Compulsory insurance must cover accidents caused by a vehicles use, consistent with its normal function

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10
Q

MIB Subrogation

A

MIB may avoid reimbursing payments made to a claimant in a subrogated manner including payments the claimant is entitled to receive

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11
Q

Clause 8 - Crime Exclusion

A

The exclusion for claims when a vehicle is used in furtherance of a crime or to avoid lawful apprehension

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12
Q

Terrorism Coverage

A

Coverage now includes death, injury, or property damage caused by terrorism aligning with EU law

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13
Q

Property Damage Time Limits

A

Claimants must report accidents to the police within 14 days unless the MIB reasonably requests it

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14
Q

Accidents - Police Reporting

A

Section 170 of the RTA 1988 requires drivers to report accidents to the police if theres:
- personal injury
- damage with no stop
- damage with no exchange details

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15
Q

Police Accident Report Contents

A
  • officer details, time and date of attendance
  • vehicles involved, injuries and hospital details
  • witness statements and accident reconstructions
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16
Q

RIDDOR and Road Accidents

A

RIDDOR requires employers to report work-related road incidents leading to major injuries, and incidents on private roads or during vehicle loading/unloading

17
Q

Police Report Availability

A

Police reports are available 21 days after conviction hearings

18
Q

Police Guides

A
  • Police Road Death Investigation Manual
  • Authorised Professional Practice
19
Q

Thefts - Police Notification

A

Police must be notified of a vehicle theft to establish credibility

20
Q

Role of the Engineer

A
  • control repair costs and manage the repair trade
  • balance cost control and customer focus
  • decide repair methods and costs
21
Q

Advanced Driver Assistance Systems

A
  • cruise control
  • adaptive light control
  • automatic braking
  • collision avoidance
  • automatic braking
  • blind spot detection
22
Q

Intelligent Speed Assistance

A

ISA helps drivers stay within speed limits by offering feedback options but allows the driver to override the system to maintain control

23
Q

Automated and Electric Vehicles Act 2018

A

Extends TP compulsory insurance for autonomous vehicles, holding insurers liable if an automated vehicle causes damage

24
Q

Practice Direction 16

A

Requires claimants to state key details in their statement of claim, including the need for the replacement vehicle

25
Q

Second Hand Parts

A

Insurers are seeking to reduce repair costs, and using second-hand or non-proprietary parts

26
Q

Recycled Parts and Insurance Policies

A

Some motor vehicle insurers now allow the use of recycled parts in their policies, contributing to costs savings

27
Q

Arbitration Disputes

A

quantum of the claim, such as:
- own damage
- personal accident
- personal effects

28
Q

Financial Ombudsman Service (FOS) Eligible Claimants

A
  • consumer
  • micro enterprise with fewer than 10 employees and a turnover of no more than €2m
  • charity with an annual income of less than £6.5m
  • trustee of a trust with a net asset value of less than £5m
  • small business with an annual turnover of less than £6.5m and fewer than 50 employees
  • guarantor
29
Q

FOS Complaint Time Limits

A
  • six months of receiving the final decision from the insurer
  • six years from the event that led to the complaint
  • three years from when the complainant was aware of the issue
30
Q

Mediator in ADR

A

The mediator facilitates discussions to help parties reach a compromise acceptable to both sides

31
Q

Adjudication

A

A process where an independent third party makes a decision to resolve a dispute

32
Q

Arbitration

A

A formal ADR method where a neutral resolves disputes, often preferred for privacy in commercial contexts

33
Q

Advantages and Disadvantages of ADR

A

Advantages
- flexible and faster process
- preserves business relationships
- decisions are private

Disadvantages
- may not be enforceable unless agreed
- not suitable for all cases

34
Q

Arbitration Act 1996

A

Fair and impartial resolution of disputes without unnecessary delay or expense