Motor finance providers have
been offered a free service to prepare them for the imminent
Continuous Insurance Enforcement (CIF) regulations as a result of a
new tie-up between the Finance and Leasing Association (FLA) and
the Motor Insurers’ Bureau (MIB).

Lenders will have access to the
MIB’s vehicle insurance database, allowing them to satisfy
themselves that vehicles have the appropriate insurance cover
required by credit agreements.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

FLA head of motor finance Paul
Harrison said: “The new regulations require all vehicles to have
insurance, even if they are not being used on the road.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.