Leading Insurer Supports Vehicle Scrappage Scheme in Advance of the Budget

Scotland, United Kingdom (PressExposure) May 02, 2009 -- Leading insurance intermediary Kwik Fit Insurance hopes the Chancellor will today adopt the proposed vehicle scrappage scheme. This would take vehicles over 8 years and producing greater than 150g/km of CO2 off the road while compensating owners for their replacement.

Brendan Devine, Managing Director of Kwik Fit Insurance said, “Vehicles over 8 years can be both environmentally damaging in terms of increased emissions and more prone to breakdown. As an insurer, we also know that there’s an age when the decreasing value of an older car means it’s more likely to be written off than repaired, giving the owners disposal headaches.

“This scheme has proven to be very popular in Germany and we see real benefits to motorists, the environment and to improved road safety. It will undoubtedly also deliver much needed benefit to the ailing motor industry.”

Insuring almost half a million motorists in the UK, Kwik Fit Insurance actively champions several road safety initiatives, including the annual Lollipop Person of the Year awards and National Road Safety Week.

Brendan Devine added, “The Chancellor has very little money to play around with in this Budget but we’d argue that the vehicle scrappage scheme would deliver genuine benefits which would be worth the relatively small investment to obtain.”

Issued by The BIG Partnership on behalf of Kwik Fit Insurance.

For further information, please contact or Bryan Garvie or Charles Cameron at The BIG Partnership on 0141 333 9585 or firstname.lastname@bigpartnership.co.uk

Note To Editors

Kwik Fit Insurance Services was launched in 1995 and has grown to become one of the UK's leading motor insurance distributors, as well as a major presence in home insurance and other markets.

The company’s award-winning call centre in Uddingston, Lanarkshire, now employs almost 1000 people, and was named top insurer (17th overall) in the Sunday Times 100 Best Companies to Work For 2009.

Since its launch in 1995, Kwik Fit Insurance Services has grown and developed into one of Scotland's most dynamic contact centres.

Kwik Fit Insurance Services is part of the Kwik Fit Group owned by private equity firm PAI Partners.

The philosophy of the business is to provide the best possible service to customers.

About Kwik-Fit Insurance

Kwik-Fit Insurance
1 Masterton Way
Tannochside Business Park
G71 5PU
01698 786369
Email: gordon.ross@kfis.co.uk
Website: www.kwik-fitinsurance.com

Press Release Source: http://PressExposure.com/PR/Kwik~Fit_Insurance.html

Press Release Submitted On: May 02, 2009 at 8:08 am
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