The latest research suggests that fraudulent claims and uninsured drivers cost the British insurance industry ￡lbn a year.rnAccident exchange started life seven years ago with a fleet of just ten cars providing mobility to motorists involved in non-fault accidents. Its customers were, as they are today, the customers of franchised dealers and bodyshops. Yet as the business has grown, so too has its commercial partner base, which now includes car manufacturers, insurers, fleet management providers, financial institutions and insurance brokers.
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