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Strategic advice for Stolen Vehicle Tracking approval in the UK

SBD, Dec 2009, Pages: 26


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Which level of insurance approval should vehicle manufacturers and suppliers target for stolen vehicle tracking systems in the UK?

There are more stolen vehicle tracking (SVT) systems sold in the UK than in any other country and they are categorised by a complex series of approval criteria, each of which brings different benefits but at a range of cost, necessary to meet the requirements. The purpose of this report is to clarify the different categories for insurance approval of tracking systems and to summarise which are the most appropriate for manufacturers to target based on a survey of current insurers’ policies. It explains the different insurance criteria, written by Thatcham, to which stolen vehicle tracking systems can be approved.

“Strategic advice for Stolen Vehicle Tracking approval in the UK” provides an overview of Thatcham standards for tracking systems as well as trusted recommendations to vehicle manufacturers on fitment strategy based on market trends and surveys of leading UK insurers.

This report will help you:
- Develop SVT systems that accurately meet the criteria for approval in the UK
- Target specific approval levels based on leading insurers’ opinions on SVT
- Decide fitment strategy and which market segments to target with SVT products
- Understand the global impact and importance of Category 5 requirements

The purpose of this report is to clarify the different categories for insurance approval of tracking systems and to summarise which are the most appropriate for manufacturers to target based on a survey of current insurers’ policies. It explains the different insurance criteria, written by Thatcham, to which stolen vehicle tracking systems can be approved.

Who should read the report?

This report is really aimed at vehicle manufacturers primarily active in the UK market with a tracking system planned or available on models.

IMPORTANT CONFIDENTIALITY NOTICE:

** Due to the confidential nature of the report content, your request to purchase this security report will be vetted by the security team, prior to any sale agreement. **


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