Tag Archives: Motor Insurance

AIB Talk Motorhomes

We interviewed Kirby from AIB Insurance, a motorhome, campervan and RV specialist to talk about the latest happenings in the world of insurance:

Are you seeing anything interesting with Motorhome and Camper claims?

The last 24 months have been challenging times for insurers with motorhome, RV’s and camper thefts on the increase. Take North Wales for example – police recently revealed that 30 vehicles worth over a million pounds had been stolen over the past 16 months. They believe thieves in that area were mainly targeting Fiat Ducato and Peugeot Boxer motorhomes using technology widely available on the Internet to override the manufacturer’s security measures that included the electronic immobiliser.

On a national basis though, Ford continues to be the vehicle of choice for most thieves.  Our insurance partner Ageas Insurance tells me Ford manufactured motorhomes make up less than 6% of their motorhome book but the theft rate is ridiculously high. There is no pattern as to where the motorhomes are kept, how long they have been owned or the level of security measures as they’ve seen a variety of scenarios. They have had over £350,000 worth of Fords stolen last year alone which is why they took the decision to work out what model ranges/years of manufacture were affected and decline them.

According to the Association of British Insurers (ABI), motor theft claims have increased by 20% in 2019 and motor theft claims paid by insurers in the first quarter of this year were at their highest for any quarter since 2012 with a payment made relating to vehicle crime every eight minutes. The ABI claims that the increase is in part being driven by keyless car crime whereby hi-tech criminals are able to bypass keyless technology in as little as 20 seconds. This would certainly seem to be the case with a large number of motorhome thefts as an increasing number are being stolen when they are parked on driveways.

Has this seen the cost of insurance increase?

Historically, motorhomes have been rated on three main factors: year, engine size and value (ignoring left hand drives, imports and modified vehicles etc.).  Over the last 12 months, three major motorhome insurers, Aviva, Ageas and Markerstudy have taken the unusual steps to load the premium further or even decline specific years of manufacturer, especially Ford.

Generally, motorhome and campervan insurance rates have remained stagnant apart from specific manufacturers. DIY conversions tend to cost more to insure than a coach built one.

So how can owners prevent a vehicle being stolen?

If your motorhome is stolen, having the right insurance policy in place will mean that you can at least have the peace of mind of knowing that you’ll be compensated financially for your loss. However, an insurance payout can never compensate you for the inconvenience and disruption that vehicle theft causes.

The good news is that most theft is opportunistic and thieves generally don’t like to work too hard. So, if they see a motorhome fitted with wheel locks, steering or handbrake locks or wheel clamps, it may be enough to put them off.  Of course, you can go further by installing an alarm, immobiliser, a tracking device or even installing PIR lights trained on your parking space that illuminate when they sense movement.

What should people look out for when insuring a motorhome, RV or campervan?

It is vital, that you take out appropriate motorhome insurance and select a policy that will cover all your needs.

Motorhome insurance is not like car insurance, it requires specialist knowledge and as such, you should speak to a specialist motorhome insurance provider. Most specialists will provide additional European cover, additional contents cover and cover for gas cylinders, generators and awnings.

We would encourage you to purchase legal expenses as, if you find yourself in a dispute, legal fees can be expensive. Likewise, breakdown cover can be challenging as non-specialist providers may place a height, length or weight restriction on the vehicle they cover.

Another thing to mention when buying cover, is the level of windscreen glass cover that the specific policy your purchasing provides. Many insurers restrict the windscreen cover to £500-£1000 but an owner of an A-Class could be left short and should seek insurers that provide unlimited glass cover.

The motorhome market continues to grow especially relating to the sale of higher value models that cost over £100,000 and that represents a different risk for insurers if they go missing.

What is happening in the classic car world – are vehicles still going up in value?

The classic vehicle market is renowned for its stability and consistency and the VW campervan is a prime example of that. Over the past 10 years, classic vehicle values have been consistently going up, outperforming just about everything I can think of apart from vintage wine. I’d argue that classic vehicles are a better investment here too as it’s possible to use them without instantly destroying their value!

That said, at the top end of the market such as Ferrari, Lamborghini and the like, it looks as though we’re finally seeing the pace slowing and interest levels cooling.

One element of this could be uncertainty. When it comes to high value classics, it’s a global market. Investors may simply be less prepared to spend big at a time of trade wars and uncertain future trading arrangements.

The classic vehicle market is forever evolving as new cars become classics as each year passes.

What’s your favourite classic within the motorhome and campervan arena?

I love the 1967 BMC Princess – it looks bonkers. Whilst it looks like a DIY conversion, it was actually coach-built on a Vanden Plas Princess chassis but was unusually modern for it’s time enjoying power steering and an automatic transmission.  Another favourite would be the VW T25 hightop campervan. Again, it looks so cool and I can imagine myself sitting in it with a hot cup of tea on a cold day looking out over the ocean.

An MP Is More Likely To Have A Driving Conviction

The price comparison website GoComapre.com has carried out some analysis of car insurance quotes over a 12 month period that reveals a Member Of Parliament is most likely to have a driving conviction than any other occupation. This may come as a surprise to many of you.

As you are probably aware, what you do for a living is one of the factors that affect how much a car insurance provider charges you for your cover. The greater the risk that you are perceived to be in danger of being involved in a road traffic accident the more you are likely to pay for your motor insurance.

 

Total Convictions

Their research revealed that 24.4% of quotes they looked at for Members of Parliament involved that person having one or more driving convictions. In second place were Sales Directors at 20.8%. In third place were Managing Directors at 19.7%. In fourth place were Bailiffs at 19.4%. In fifth place were Radio Presenters at 19.2%. In sixth place were Riggers at 19.1%. In seventh place were Money Brokers at 18.8%. In eighth place were Operations Directors at 18.7%. In ninth place were Company Chairmen at 18.2%. In tenth place were Surgeons at 17.6%.

 

Convictions for Speeding

If you look at the occupations that have the most speeding convictions it is interesting that 22.1% of car insurance quotes for Members of Parliament revealed such a conviction. In second place were Radio Presenters at 19.2%. In third place were Sales Directors at 18.9%. In fourth place were Managing Directors at 17.7%. In fifth place were Operations Directors at 17.4%. In sixth place were Bailiffs at 16.7%. In joint seventh place were Money Brokers and Company Chairmen at 16.6%. In ninth place were Surgeons at 16.5%. In tenth place were Chartered Surveyors at 16.3%.

 

At-Fault Claims   

The occupation with the most at-fault claims when looking at the above car insurance quotes was a Paediatrician at 17.0%. In second place was a Psychiatrist at 14.0%. In third place was an Usher at 13.1%. In fourth place was a General Practitioner at 12.4%. In joint fifth place were a Surgeon and Hospital Consultant at 12.2%. In seventh place was a Museum Consultant at 11.6%. In eighth place was a Radiologist at 11.5%. In joint ninth place were a Transcriber and Vicar at 11.3%.

All the above factors can impact upon how much a motor insurance provider charges you for the cover you require. It is important that when looking to obtain cover that you use the likes of an insurance broker that has an extensive panel of insurers at their disposal. In this respect, why not get in touch with us here at AIB Insurance on 02380 268 351 and speak with an experienced member of our team. He or she will discuss your requirements in detail so that a competitive quotation can be provided for your perusal and consideration. We look forward to being of assistance.

 

Payouts For Motor Insurance Claims Rise

ABI The Association of British Insurers (ABI) has produced some interesting statistics in November relating to motor insurance claims. The data reveals that there has been an increase in the amount paid out so far in 2018 when comparing the same period in 2017. In fact, a record amount has been paid out so far this year.

So far this year, motor insurance providers have paid out an average of £23 million every day. This is a sizeable sum of money.

This means that, so far in 2018, £6.4 billion has been paid out to motorists who have submitted motor insurance claims to their insurers. It is interesting to read that this figure is 4% more than the amount paid out to meet motor insurance claims in the same period in 2017.

There have been 41,000 claims settled so far this year by motor insurer providers with this being a rise of 11% when compared with the same period in 2017. Some £3 billion was spent on motor repair bills with this being an extra 5% when comparing the figures for the same period in 2017. The average payout per claim is £2,137. This may seem a high figure but one of the factors impacting on increased payouts is because many cars built now come with things like reversing sensors and the cost of replacing them is quite significant.

It is concerning to read that the amount paid out in claims as a result of vehicle thefts so far this year is £271 million. That figure is high and a staggering 32% more than for the same period in 2017. It is no doubt a traumatic experience to get back to where you last parked your car perhaps to do some shopping only to discover that it has been stolen. Thank goodness for motor insurance.

Let us hope that the above data does not result in a greater number of people seeing their car insurance premiums increase at renewal. If you receive notification that your premium is going to go up then make sure that you are ready to obtain one or more quotes from other providers to compare with the cost of your existing cover. Here at AIB Insurance, we have an extensive panel of insurers who we can obtain one or more competitive motor insurance quotes from for you without any obligation to proceed. So, why not give us a call on 02380 268 351 to discuss your requirements with a member of our team.

Record Set For Average Amount Claimed On Motor Insurance Policies

Car CrashThe Association of British Insurers (ABI) has recently published some interesting statistics relating to claims on motor insurance policies. Specifically, it has revealed that the average amount paid out last year for each motor insurance claim was the largest amount since records started to be kept for this sort of cover.

The figure was £2,936. Apparently, a couple of reasons why this sort of cover hit a record was down to the fact that the cost of repairing a motor vehicle has gone up as well as the amount paid out to meet claims when a car is stolen has risen which happens all too often.

Last year, a staggering £8.1 billion was paid out by insurers to meet all motor insurance claims. This was a similar figure to 2016. It would be potentially good news if the amount of such claims fell in 2018 and beyond as this is one of the many factors that affect how much insurance companies charge for their car insurance. Perhaps if the amount paid out for claims was to fall, we may see a reduction in the cost of our motor insurance policies.

Another interesting statistic is that the average amount paid out for a claim in respect of personal injury was £10,816 in quarter four of 2017. This is a large sum and is also a factor that Personal Injurydictates how much a motor insurance provider charges new and existing customers who renew their cover. Again, it would be lovely if we were to see the average amount paid out for a personal injury claim to drop as this is another factor that may impact on the amount motor insurance providers charge for their cover.

Apparently, the number of claims submitted for personal injury dropped slightly in 2017 when compared with 2016. Of the claims submitted, there were 320,000 that insurers agreed to pay out for.

Of course, policyholders would prefer not to have to be faced with having to claim on their car insurance policies but when they do it is important that they are confident that the insurance company the cover is arranged with will pay out in the event of a claim as quickly and effortlessly as possible. So, if you are looking for quality motor insurance that is not only competitively priced but also where the insurance company is well known for the number of claims that they agree to meet, then why not get in touch with us on 02380 268 351 and a member of our team will gladly do all that he or she can to assist.

What To Keep In Your Car In The Winter

SnowDuring wintry conditions such as snow and ice you are possibly more likely to be involved in a road traffic accident. However, you also need to be more prepared should you break down and find yourself caught up in adverse weather. Here in most parts of the UK, we are fortunate that we do not usually get many days when the weather is very poor but it is still a sensible thing to plan for such an eventuality.

So, what sorts of things should you consider carrying in your vehicle at this time of year here in the UK? Well, the following list is not exhaustive but should hopefully be of assistance to you.

1. First aid kit – this should be carried in your car throughout the year.
2. Mobile phone along with a charger so that you can contact the emergency services, family and friends should you require help.
3. Spade to clear away ice/snow should you be unable to pull away in slippery conditions.
4. De-icer and ice scraper to keep your car windows free of snow and ice.
5. A blanket to wrap around you or a sleeping bag to slip into should you have to spend the night in your car until help arrives. This will help you to keep warm in freezing outside temperatures.
6. A couple of reflective warning triangles with one being placed several yards in front of your stranded vehicle and the other a similar distance to the rear of your car.
7. A torch along with batteries that could be used to help attract attention or light up the inside of the car.Whistle
8. An atlas should you get lost in inclement weather.
9. Chocolate bars for nourishment as well as fluids to drink – ideally a flask of hot tea or coffee.
10. Extra clothing such as jumper, waterproof coat, hat, socks, trousers and gloves.
11. A pair of boots in case you need to walk through deep snow.
12. A whistle may prove useful if you needed to attract attention whilst stranded.
13. Jump leads should your battery have run flat and you need assistance to get you started.
14. Fuel canister should you run out of petrol/diesel and it be safe to walk to the nearest service station to fill it up.

There may well be some other things that you feel it is a good idea to bring with you but we hope that the above list is of benefit.

Motor Insurance Premiums Rise

CarOver the past couple of years there has been an upward trend in the cost of insuring motor vehicles. This is possibly something that you have noticed when receiving your renewal notice and, if so, has hopefully triggered you to seek comparative quotations through the likes of ourselves to see if we can find you a better deal from another provider.

Well, the Association of British Insurers has recently produced the ABI Premium Tracker that monitors what the cost of motor insurance has been over an extended period of time. Apparently, the average premium paid for fully comprehensive cover throughout 2017 was £481 per annum. This was an increase of 9% in comparison to the cost 12 months ago that, in monetary terms, equated to a rise of £40 per annum.

Another disturbing statistic is the fact that the average cost of insuring a motor vehicle increased by a staggering 29% since back in 2014.

There are a number of factors that have caused this increase in the cost of motor insurance. For instance, repair costs of vehicles have gone up, there has been a rise in the number of people seeking compensation for whiplash injuries, Insurance Premium Tax has gone up and there has been a change in the calculation of compensation payouts.IPT

The ABI is encouraging the Government to stop increasing the Insurance Premium Tax, make changes to how claims for lower value claims for whiplash are dealt with and also to look at the Ogden Discount Rate which is used to work out what compensation someone should receive who has suffered a significant injury as a result of a road traffic accident. These things are all with a view to potentially reducing how much someone pays for their motor insurance.

So, is there anything that you can do to mitigate such an increase? Well, you may wish to consider shopping around for cheaper cover but if you do, make sure that the level of cover meets your needs.

Here at AIB Insurance, we have been able to help arrange car insurance for a number of customers at a lower premium than their existing insurer has been charging them so why not give us a call on 02380 268 351 to discuss your requirements and obtain a quotation without any obligation.

Aviva Private Clients Division Joins Our Panel Of Insurers

aviva private clientsAIB Insurance is very pleased to inform our high net worth clients that the Aviva Private Clients division has recently been added to our select panel of insurance companies. Its Distinct Home, Distinct Motor and Distinct Travel products provide bespoke cover for the discerning individual whether it is to insure an Edwardian country mansion, a penthouse in Mayfair, a Rolls-Royce Phantom or provide cover for a luxury holiday.

Aviva is the largest insurance company in the UK having in excess of 15,000 million customers. Its history goes back as far as 1696 when the Hand in Hand Fire & Life Insurance Society was established. In 2000 Norwich Union and CGU PLC merged as CGNU and in 2002 it became known as Aviva. It has offices in numerous countries around the world employing about 30,000 people and has a worldwide customer portfolio of over 33 million. The company deals with over 10 million calls a year and in 2017 paid out more than £34 billion in benefits and claims.

Aviva Distinct Home insurance provides outstanding, tailor made cover with a level of service that is second to none at every stage of the process from initial enquiry, setting up the policy to making a claim with a dedicated home claims adviser dealing with the latter to provide you with complete peace of mind. There are numerous benefits including worldwide, warranty free, all risks cover, access to a number of specialist suppliers, cover for student and visitors belongings and guaranteed building reinstatement.

Aviva Distinct Motor insurance provides bespoke cover that aims to exceed what is expected by our clients. Some of the benefits include new for old replacement if your car is under three years of age, choice of repairer, £4,000 to hire a car or a Mercedes-Benz C class whilst your car is being repaired and your no claims discount is not affected if an uninsured driver collides with your vehicle and you are not at fault.

Aviva Distinct Travel insurance provides an exceptional level of cover to give you complete peace of mind wherever you are travelling around the world. For instance, you have £10 million of medical emergencies and associated expenses cover worldwide, a UK based experienced claims team who are available 24 hours a day, up to £15,000 of cancellation cover and winter sports cover included in the policy.

Let us all hope that you do not need to make a claim for either say a fire in your home, a motoring accident or for medical treatment whilst on holiday but, if you do, you can be assured that your claim will be dealt with promptly with support every step of the way. We very much look forward to being of assistance.

If you would like to find out more about the insurance products offered by the Aviva Private Clients division the why not visit their website at www.aviva.co.uk/aviva-private-clients/

See the All new Lotus Exige Cup 430: Unlimited Edition

LotusUnlimited in every sense, the new series production Exige Cup 430 is Lotus’ wildest incarnation of its fire-breathing, point-to-point two-seater sports car.

New to the Exige, the Cup 430 sees the introduction of a savage, high-performance engine installation, mated to a new supercharger and chargecooler, designed specifically for the unique demands of this vehicle. A development of the powertrain recently used on the phenomenal Lotus Evora GT430, it’s perfectly paired with a newly-designed body, which delivers enhanced aerodynamic performance to reveal the model’s true potential. The result is a strikingly different beast of pure performance, that’s not for the faint of heart.

• New engine installation, delivering 430 hp and 440 Nm
• New design generating 220 kg of downforce
• 407 hp per tonne provides unrivalled performance
• 0-60 mph in 3.2 secs, dry weight from 1,056 kg

With 55 hp, or 13%, more power than the limited production Exige Cup 380 model it succeeds, and 220 kg of downforce, it’s a monster of a car. Compared to the Exige Sport 350, it has 24% more power and generates the same downforce at 100 mph as the Exige Sport 350 does at its maximum speed of 170 mph.


Lotus’ expertise in lightweight design has played its part in reducing the overall dry weight by 12 kg to 1,059 kg, with the vehicle down to 1,056 kg in its lightest configuration. This, combined with the dramatic jump in raw power, raises the Cup’s power to weight from 355 hp / tonne (Cup 380) to 407 hp / tonne.

LotusWith 430 hp at 7,000 rpm and 440 Nm (325 lbft) of torque from 4,000 rpm, 0-60mph is dispatched in 3.2 seconds (0-100 km/h in 3.3 seconds) with a top speed of 180 mph (290 km/h). Helping to harness all that power, the Cup 430 benefits from a comprehensive range of new aero elements. A new ultra-lightweight front clam with unique carbon fibre ducts has wider radiator apertures and a new mesh pattern grille to provide a more combative aspect and to allow for a new front splitter and air curtain mechanism to reduce drag. The lightweight rear clam panel supports the larger, straight motorsport wing to increase downforce without impacting upon the car’s overall drag coefficient. The new design front and rear clam panels are 6.8 kg lighter than those on any other Exige.

Focused fairly and squarely on aggressive track performance and point-to-point supremacy, the new Lotus Exige Cup 430 is capable of covering the Hethel circuit in 1 minute 24.8 seconds – the fastest production car to lap the famous circuit – 1.2 seconds faster than the Lotus 3-Eleven (Road).

Jean-Marc Gales, CEO, Group Lotus plc said, “This is the car that we have always wanted to build, and I am sure that all Lotus enthusiasts will be delighted with the end product. As well as a significant power hike, the Cup 430 has benefited from extensive development in areas essential to Lotus’ DNA, in order to ensure that the full potential of the Exige’s incredible chassis can be exploited. This car has no rivals – inside or outside of its price bracket – and it’s no exaggeration when we say that nothing can keep up with this Exige on the road or track.”

Lotus’ most extreme Exige packs the company’s most potent powertrain into its smaller vehicle architecture to provide a level of performance that is a step beyond what most drivers can exploit. The car’s distinctive and aggressive new styling perfectly matches the character of the new Exige Cup 430.

Signalling the most motorsport focused models in Lotus’ range, the Cup variants are centered on only the essential. Extending this philosophy to its limit, the new Cup 430 is at the apex of the Exige line-up – with only a track-only racer capable of exceeding the car’s abilities.

With the Exige already regarded as the standard for purity of purpose, Lotus’ engineers have built upon this benchmark, ensuring that the application of more power is complemented by a class-leading handling balance, characterised by precision and tactility.

Lotus
At the heart of the car lies Lotus’ most formidable engine, a 3.5-litre supercharged and charge cooled V6 producing 430 hp and 440 Nm.

Unapologetically aggressive, the Exige Cup 430’s 220 kg of downforce is developed through the careful management of airflow under and over the car. Vital in keeping the Cup at the top of timing sheets, it’s designed to make the most of 440 Nm (325 lbft) of torque delivered from 4,000 rpm, and delivering the lowest of lap times not matter the track. This not only includes the new front clam panel, incorporating a new design of splitter and carbon fibre air blades, but also the high mounted rear wing. The new body introductions combine form and function, with the new hybrid carbon composite panels not only saving weight, but also delivering the car’s distinctive new styling and aerodynamic set up.

Balancing downforce over the entire car was a priority with, when compared to the Exige Cup 380, a greater percentage of downforce allocated to the front to ensure accurate high-speed turn in (36% increased to 45%). The new front splitter with trailing lip helps separate and speed airflow under the car and the inclusion of new air curtain elements into the front clam panel efficiently moves air though to the front wheel cavities to help reduce turbulence and drag generated by the front wheels. The front louvers reduce the pressure within the front wheel arches, increasing downforce. The cut-out sections behind the rear wheels, also reduce wheel arch pressure, whilst the new lightweight aluminium diffuser is 1 kg lighter. Crowning all of this is the carbon fibre straight rear wing, raised higher to further boost downforce, clearly signaling the car’s aggressive intent and pursuit of aerodynamic excellence.

As you would expect, the intense use of ultra-lightweight carbon fibre only adds to the overall performance, as well as reinforcing the Exige Cup 430’s physical presence. The hand-made composite components include front splitter, front access panel, roof, diffuser surround, large aperture air-intake side pods, one-piece tailgate and the race derived rear wing.


Scratch the surface of the Cup’s capabilities, and you’ll find its motorsport-derived credentials. In addition to revised steering arm geometry, to increase bump steer, the car’s handling characteristics can be altered via the introduction of new Nitron three-way adjustable dampers (adjustable for rebound and low and high-speed compression, giving the ability to fine tune the damping) and Eibach adjustable front and rear anti-roll bars, both as standard.Lotus


The substantial Michelin Pilot Sport Cup 2 tyres (215/45 ZR17 front and 285/30 ZR18 rear) are fitted to ultra-lightweight forged alloy wheels, available in red, black or silver as standard.

The faster the car, the better the brakes need to be, and the Exige Cup 430 uses some of the largest calipers and rotors of any Lotus road car. With forged, four-piston AP Racing brake calipers and new performance two-piece, J-hook brake discs (with higher thermal capacity) front and back, the system is designed to give improved bite and debris clearance and reduce distortion and vibration and to deliver consistent pedal feel and stopping power lap after lap.

The Cup 430 also comes with a tremendously strong, yet light, T45 steel roll over bar, new seatbelt anchorage frame (saving 1.2 kg), a Lithium-Ion battery and front towing eye as standard, as well as a host of options including, a dealer fit FIA compliant roll cage, electrical cut-off and fire extinguisher controls, airbag deletion and a non-airbag steering wheel.

Key to the Cup’s potency is the Exige’s newly-developed powertrain. Based on the benchmark engine from the recently launched Evora GT430, it features an Edelbrock supercharger and water to air charge cooler to generate more power through cooling the higher pressure charged intake air. Specifically developed for the Exige, the engine’s calibration allows for a redline of 7,000rpm, helped in part by a new intake system and larger throttle body. In order to handle the extra power, a new oil cooler configuration and uprated clutch are required.

Available as standard with a close-ratio, six-speed manual transmission, the Exige range features Lotus’ acclaimed open-gate manual gearbox design. Precisely aligned for fast and seamless shifts, it has recently established itself as a favourite of Lotus customers. To transfer the increased power and torque from the engine to the gearbox, a new 240 mm diameter clutch has been fitted (up 12 mm compared to the Exige Cup 380) which increases the clutch surface area by 11%.

Engine note and tone also play big parts in the Cup’s repertoire. With the new induction and supercharger configuration, and a high-flow titanium exhaust system as standard, the Cup 430 sounds like no other Exige at speed. In addition, the titanium exhaust removes 10 kg from beyond the rear axle.

The Lotus Exige Cup 430 includes a variable traction control function, linked directly to the ECU. The six-position rotary switch is located on the steering column, and only active with ESP switched to off, with five pre-set traction levels (1%, 3%, 6%, 9%, 12% slip) as well as “off”, displayed via the instrument cluster.

The composite concept continues into the Cup’s cabin with visible-weave, handmade sections including a new lightweight carbon fibre binnacle surrLotusound, Lotus’ bespoke carbon race seats, with new lightweight seat runners, and carbon door sills. Colour keyed inserts for the revised lightweight sports seats, transmission console, HVAC surround and window switches are also standard, along with a centre console, door cards and dashboard trimmed in Alcantara®, with leather or tartan as a no cost option, along with contrast stitching and an Alcantara® steering wheel. In total, the lightweight interior of the Exige Cup 430 is 2.5 kg lighter than on the Cup 380.

All the lightweight standard items help reduce the total mass by 29 kg which more than offsets the increase in weight from the chargecooler and cooling system (+15 kg), new higher rated clutch (+0.8 kg) and wider brake discs (+1.2 kg) resulting in an unladen weight of 1,093 kg and 1,059 kg dry. By selecting the airbag deletion option, the customer can take the lightest possible dry weight of the Exige Cup 430 to 1,056 kg.

For owners wanting to brand the new Exige their own, the Cup 430 can be personalised through Lotus’ Exclusive programme. Combining traditional British craftsmanship with modern design, the service inspires customers to spend time tailoring the character of their Lotus with a comprehensive array of options. Since its introduction this has proved increasingly popular, with over 25% of all new cars undergoing some form of personalisation.Lotus

Launching the new Lotus, Jean-Marc Gales said, “The Exige continues to push the boundaries of what is possible in terms of performance, agility, aerodynamics and rapid covering of ground from A to B in a production road car. There isn’t another car on sale that can match the new Exige Cup 430; it will go down as a ground-breaking car in the history of Lotus.”

The Exige Cup 430 is available as a series production car and can be ordered now, priced £99,800 including VAT (UK) and €127,500 (Germany) and €128,600 (France).

Here at AIB we offer exceptional bespoke insurance cover for Lotus owners and understands that owning and driving a Lotus is a unique experience and deserves one-of-a-kind insurance call us now on 02380 268351 for your Lotus insurance!

Introducing Our Newest Team Member – Tom Hopkins

Tom HompkinsDue to continued growth the Airsports Insurance Bureau team are pleased to welcome new addition Tom Hopkins to its personal lines Executive team. Tom has been recruited as one of our Senior Insurance Consultants and will be responsible for ensuring both our new and existing clients get the very best service.

Tom has spent the last couple of years at Turners Insurance in Botley, Hampshire and has an excellent background providing insurance solutions to both commercial and personal clients, particularly property related insurance products.

Tom had this to say on his appointment:

“As soon as I spoke to AIB I knew it was the perfect opportunity for me to progress further within the insurance industry locally. I appreciate that insurance can be a ‘necessary evil’ at times and I like to assist client’s in ‘taking the pain’ out of the Insurance Purchase and making sure they get a quality product designed around their needs.”

Tom lives in Locks Heath supporting his local Premier League Football club, Southampton FC. He is a keen poker player and will often attend tournaments throughout the south of England. Tom considers himself well travelled and the three people he’d like to invite to his ‘perfect’ dinner party would be former professional boxer Carl Froch MBE, Liverpool FC legend Steven Gerrard and TV royalty, Ross Kemp.

Welcome Tom, we wish you all the very best.

One-Armed Motorcyclist Hopes To Take Part In TT Race

Chris GanleyThose of you interested in motorcycling will no doubt be aware that the Isle of Man TT Race is possibly one of the most dangerous racing events that a motor bike rider is likely to take part in. There have been numerous fatal accidents during the races as the bikes travel at huge speeds around country roads on the beautiful, tranquil island.

Well, Chris Ganley who is 28 years of age and who used to serve in the Armed Forces is planning to take part in the racing event in 2023. However, it should be noted that Mr Ganley would be doing so with only one arm making him the first biker to do this with such an impairment.

Regrettably, back in 2014, he was unfortunately involved in an accident on a motorbike resulting in him loosing his left arm. However, the tenacious motorcyclist was back riding a motorbike that had been specially adapted a mere six months after the almost fatal accident. Mr Ganley is obviously a very good motorcyclist as he came third in his first race that he took part in after his operation.

The motorbike in question is a Yamaha R1 that has been modified so that the braking and clutch controls are on the right hand side of the vehicle thus helping him operate the motorcycle.

It sounds like he is a determined motorcyclist who loves the sport and we wish him well in his attempt to prepare for racing in the Isle of Man TT Race.TT

Here at AIB Insurance, we have many years experience in arranging motorbike insurance for a variety of bikes so why not give us a call on 02380 268 351 and speak with a knowledgeable member of our team. Without any obligation on your part, we will gladly look to source a competitive quotation for motorbike insurance from our extensive panel of insurers.