Link to atfPro

All the latest news for auto recyclers

Welcome to ATF professional - the site specifically aimed at Authorised Treatment Facilities and those involved with motor vehicle dismantling, vehicle salvage and other operations associated with motor vehicle depollution and recycling. Sign up for our, free monthly newsletter.
Visit from the Environment Agency? Need to apply for an Environmental Permit? Call Paul Downing Associates now for an informal chat - 07790 147084 or click here.

New insurance deal launched

car breaker
New deal for professional dismantlers offered through Ingram Hawkins & Nock.

Getting good insurance cover is essential if you want to protect your business, and it hasn’t always been that easy for the auto recycler. Thankfully, independent insurance broker, Ingram Hawkins & Nock (IHN) has been working hard behind the scenes to put together a new deal for the vehicle dismantler.

Before I go any further, I have to tell you that this service is only available to MVDA members, but it may well be worthwhile joining to take advantage. I asked IHN Director, Steve Walker why they don’t offer the policy to non-members? Steve explained, “The insurance industry is all about assessing risk and as such, insurers want to try and minimise that risk. One way they do that is to insist on membership of a recognised trade organisation. Their data demonstrates that MVDA members represent a much reduced claims rate when compared with the industry as a whole. That’s because the association operates to code of practice which attracts the professional operator. Insurers naturally want to be selling to those who offer a lesser risk.” So that’s simple enough, if you want to get the best deals, join the group that has that lesser risk!

So what’s the new deal? IHN, who have been going for over 50 years (with the last 20 of them offering specialist services to the recycling industry), already offers a belt and braces policy for auto recyclers through one of the world’s largest insurers, Allianz. This cover is provided under Allianz’s motor trade contract and is as comprehensive a policy as you would expect at a main dealers.

IHN recognised a need for a policy for some members, that although rock solid, did not necessarily require the same levels of cover as the Allianz product. After a great deal of work and effort on behalf of the industry, IHN has announced this new policy with another name that’s well known to many, Tradex. Again, one of the key reasons that this new Tradex policy has been possible is the improved risk from dealing with members of a trade organisation the can demonstrate a reduced claims risk.

Although I mentioned that the Tradex policy may not offer some aspects of the Allianz deal, such as Allianz’s pre-cover surveys and risk management advice, the policy is still comprehensive and still offers some interesting benefits. For example, they will cover the general public when removing parts (conditions do apply to this) and they also offer interest free credit (that could pay for your MVDA membership). There is also additional cover to protect vehicles in transit and the driving of other vehicles.

There is more, and the best way to find out is to have a chat to IHN. Please bear in mind that if you’re not an MVDA member, they will still be happy to talk to you but joining will be a condition of the policy. It’s worth bearing in mind that there’s probably no company more knowledgeable when it comes to insuring this industry than IHN. They’ve been doing it for a long time now, through all the ups and downs so you will be in good hands.

You can contact IHN on or visit their website.
For information about the Motor Vehicle Dismantlers' Association, visit the MVDA website.
Ingram Hawkins & Nock is authorised and regulated by the Financial Conduct Authority.

September 2016

Latest stories

Who’s buying our salvage vehicles in Europe?
It seems that there are some questions surrounding the purchasing of vehicles by other European countries, in particular Cat B vehicles. One of our readers asked us the following:
Diesel and petrol car sales to be banned from 2040
In recent news and following on from France’s commitment to take polluting vehicles off the road by 2040, Britain has also followed suit by banning the sales of all new diesel and petrol cars and vans by 2040. The final plan is due by the end of July.
Palladium cost has increased, hitting a 16 year high
Automakers may have to decrease the use of palladium and seek an alternative due to higher prices of the metal
There is a use for rusty old cars!
This years’ Glastonbury featured ‘Cineramageddon’ – an interesting use of old vehicles.
The pressure’s on for tyres!
The Tyre Recovery Association (TRA) and National Tyre Distributors Association (NTDA) warn of rising costs on tyre recycling due to regulatory changes and market conditions, factors that will affect used tyre collectors and re-processors.
Volvo to go electric by 2019
Volvos plan is to launch five electric models between 2019 and 2012 and a number of hybrid models and they aim to sell one million electrified cars by 2025.
We’re not a scrap yard, we’re a vehicle dismantlers
Atf Pro met up with the guys at Skan 4x4 Ltd to take a look at their great setup.
Code of practice flawed, the opinion of the BVSF
One has to be concerned when the insurer’s new Code of Practice (CoP) that received its “soft launch” a week or so back isn’t supported by either the Motor Vehicle Dismantlers’ Association or the British Vehicle Salvage Federation, two of the main owners of the pre-existing code.