The National Body Repair Association (NBRA) is pleased to see that the Financial Conduct Authority (FCA) has committed to carrying out an inquiry into rising insurance costs and keeping volume discounts from their repairers.
The National Association of Bodyshops (NAB), has been nominated by some of the UK’s leading body repair specialists to represent them in a Creditors’ Committee looking into the conduct of directors of failed accident management company, Drive Assist. When Drive Assist, once one of Britain’s leading non-fault accident vehicle replacement companies, collapsed in December 2012 with debts of more than £82 million, 150 bodyshops were left with more than £7m in unpaid repair bills.
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