Research and Markets: 2009 Study" Strategic Advice for Stolen Vehicle Tracking Approval in the UK" Provides an Overview of Thatcham Standards for Tracking Systems
DUBLIN--Research and Markets(http://www.researchandmarkets.com/research/4ceadc/strategic_advice_f) has announced the addition of the "Strategic advice for Stolen Vehicle Tracking approval in the UK" report to their offering.
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.
Key Topics Covered:
- Executive summary
- Introduction
- Insurance benefit
- Strategic advice
- Market status
- LIST OF FIGURES
- Fig 1. Thatcham tracking criteria for private car fitment in the UK
- Fig 2. Summary of SVT criteria with widest insurance approval in the UK
- Fig 3. Estimated UK private car tracking system fitment
- Fig 4. Main suppliers of SVT systems in the UK
- Fig 5. Vehicle theft in England and Wales - a historical perspective
- Fig 6. Overview of UK vehicle tracking system requirements
- Fig 7. Thatcham vehicle tracking system accreditation procedure
- Fig 8. Top 10 UK private motor insurance providers, 2008
- Fig 9. Summary of 10 leading UK insurers' SVT fitment policies
- Fig 10. Tracking systems preferred by UK motor insurers
- Fig 11. Summary of 12 leading UK insurers' benefits for SVT fitment
- Fig 12. Cost of theft as a proportion of total cost of motor insurance claims
- Fig 13. Recommended SVT approval targets based on vehicle type
- Fig 14. Thatcham Category 5 Global requirements
- Fig 15. Cobra UK aftermarket vehicle tracking products
- Fig 16. Current Thatcham 'Category 5 OE' approvals
- Fig 17. Current Thatcham 'Category 5 Aftermarket' approvals
- Fig 18. Current Thatcham 'TQA Vehicle Location' approvals
- Fig 19. Current Thatcham 'TQA Vehicle Tracking' approvals
Author:
Paul Burnley - Senior Security and Cost of Ownership Specialist
Paul graduated from the University of Surrey with a degree in Electronic Engineering. He has worked with engine management and smart key systems and is an expert in vehicle communication and tracking systems. Paul is widely regarded as a leading authority on European insurance requirements and theft statistics.
For more information visit http://www.researchandmarkets.com/research/4ceadc/strategic_advice_f