GRAHAM Conway, head of strategic development at Reading leasing broker, Select Car Leasing, is to join the BVRLA Leasing Broker Committee. Conway, who moved from funder Alphabet to Select in March last year, offers the broker committee a breadth of vision having now operated on both the funder and broker sides of the business. “It’s fantastic to be invited to join the…
2019 was another year of the acronym – WLTP, CAZ, FOS, FCA, and how could we not mention another GE and Brexit? Regulation continues to be a focus for the committee and with the recent introduction of SM&CR regime the BVRLA has conducted a number of webchats to provide guidance and support. This area continues to be one of the major challenges…
THE Financial Conduct Authority (FCA) has presented its views on commission models. The views were made at the recent BVRLA Leasing Broker Committee meeting on November 05, 2019 at the BVRLA’s Amersham HQ. The FCA, which is currently consulting on the banning of commission models that offer motor finance brokers and dealers an incentive to raise customers’ interest rates, provided clarification to…
BRIDLE Vehicle Leasing made substantial progress in the annual FN50 table of leasing companies, moving to position 43 in the leasing league table chart. Bridle Vehicle Leasing – part of the Bridle Group which includes a collection of 14 leasing brokers – has been running its own funded book since 2017. It first entered the FN50 leasing table in 2017 with a…
BRIDLE Insurance, part of the Bridle Group, has been sold to Reading-based Finch Group. Finch said that Bridle Insurance, its biggest purchase to date, would bring £10 million in gross written premium (GWP) and a workforce of 17 people. Managing director Vince Gardner added: “Bridle Insurance is a brokerage I have admired for many years. They have strong client relationships and have…