Elite withdraws from the GTA

Print This Post

7 September 2015


Master Elite Insurance Logo_(green)Elite Insurance Company Limited, current members of the Association of British Insurers (ABI) and, until today, party to the General Terms of Agreement (GTA) within the Motor Insurance sector, has withdrawn its subscription to the agreement forthwith.

The GTA formalises arrangements between subscribing insurers and credit hire organisations (CHOs) for the provision of replacement vehicles to innocent third parties, notably the Credit Hire Protocol, and is a voluntary, non-binding arrangement.

As part of a general ongoing review into all arrangements with third party service providers, Elite has decided to withdraw from this arrangement with immediate effect.

Elite CEO, Jason Smart, said, “The fees being charged by CHOs and those agreed within this arrangement are excessive and unreasonable. The cost benefit of using this arrangement going forward is commercially unviable.”



Associate News is provided by Legal Futures Associates.
Find out about becoming an Associate



Legal Futures Blog

‘No, minister – CMCs are not the answer to your problem’

Qamar Anwar 2

Last month, MPs on the justice select committee asked minister Lord Keen what would happen when the government went ahead with its plan to raise the small claims limit for personal injury claims (from £1,000 to £5,000 for road traffic related claims and to £2,000 for everything else). As it is a jurisdiction in which lawyers do not generally operate – because legal costs are not recoverable – who might help claimants navigate what can still be a complex process? His answer, surprisingly, was claims management companies.

February 22nd, 2018