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Newsletters

Welcome to CLEARview

Welcome to our latest newsletter, the first of this year, which we hope you find of interest.

The articles within this newsletter are a mix of our own news with industry trends that we believe will be valuable to know.

Thanks for taking the time to read our newsletter.

Howard Lickens, CEO.

 

The Ogden discount rate has been reduced

Until recently hardly anyone knew of the Ogden discount rate but with effect from 20th March 2017, the Ogden discount rate was reduced from 2.5% to -0.75%

Here are the key points to note about the changes and how they will affect you:

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Penalties double for using mobiles while driving

On 1st March, the penalties for using a mobile while driving doubled. Now, if you are caught using your mobile while behind the wheel, you will receive six points and a £200 fine. For new drivers that have been driving for less than two years, this means that their licence will be revoked and they must retake their practical and theory tests.

The significant penalty increase is in response to the high number of deaths and injuries every year caused by drivers using their mobile phones. The DfT said that of 88 deaths caused by distractions in 2012, 17 were because of mobile use – a higher death rate than other in-car causes. In 2014, this had risen to 21 fatal accidents and 22 in 2015.

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CLEAR acquires MPW Insurance Brokers

We are delighted to announce our acquisition of MPW Insurance Brokers based in Maidstone, Kent.  This latest deal represents our 21st acquisition since we were established in 2001 and now means that we handle over £90m in premiums. MPW also becomes our largest acquisition to date.

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