A NEW SYSTEM to prevent motor insurance fraud has been launched.
Called MyLicence, the system involves a partnership between the Motor Insurers' Bureau (MIB) and the Driver and Vehicle Licensing Agency (DVLA).
The two groups will supply a data-sharing service to the motor insurance industry with insurers able to use accurate information about drivers' records to assess risk and prevent fraud at the point of quote or renewal.
It was developed in partnership with the Association of British Insurers (ABI) in response to the Government's Insurance Industry Access to Driver Data programme and the DVLA's ongoing aims to digitalise the data it holds.
DVLA figures show that up to 23% of motorists fail to accurately disclose their driving record, including disqualifications, 16% of policyholders under-d...