TAXI & PRIVATE HIRE broker Plan Insurance has offered Transport for London (TfL) a real-time cover check solution to combat the rising threat of uninsured cab vehicles.
Taxi Insurance Checker (TIC) can provide licensing authorities across the UK, including Transport for London (TfL) in London, access to live information regarding the validity of insurance used by taxi and private hire drivers and whether or not it they had cover to carry passengers for Hire & Reward.
Plan say the online solution would be similar to the Motor Insurance Database – which has “significantly reduced” the number of uninsured drivers on UK roads – and has invited the Association of British Insurers, the Insurance Fraud Bureau and the Metropolitan Police to enter into a consultation process.
Ryan Georgiades of Plan Insurance Brokers said:
TIC is a perfect example of how technology can streamline processes and reduce costs.
“If implemented, it will greatly improver safety for passengers, by removing uninsured taxi and private hire vehicles from the roads of London.”
THE WAY FORWARD / Plan say that discussion with TfL’s licensing and compliance department has been productive and that the licensing authority has seen value in its TIC insurance check system. Further on-going consultation will now take place.