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Insurance costs have a significant impact on a rental operator’s bottom line, with premiums only going in one direction. Alongside those increases, the growth of mixed fleets as members transition to electric vehicles is changing the ways in which premiums are calculated and risks are managed.

The Motor Insurance Bureau has announced that it is working with Aon in the hope of securing £400m worth of reinsurance cover ahead of the demutualisation of terrorism risk coming into effect on 1 January 2019.

National Counter-Terrorism Police have launched a vigilance campaign encouraging individuals and businesses to remain alert in crowded spaces during the festive season and to report anything suspicious to police, staff or security.

The BVRLA is urging the Financial Conduct Authority (FCA) to widen its market study into retail motor insurance pricing to include self-drive hire premiums.