MIB chief: warning over extra ELTO costs
Motor Insurers' Bureau chief executive Ashton West has warned insurers that they face "significant" extra costs as a result of an agreement with the Association of British Insurers to jointly build an Employers' Liability Tracing Office.
The ELTO will replace the ABI's existing tracing service before July 2010 and will act as an independent body to help claimants track down employers' liability policies.
It will audit the processes of
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