The Credit Hire Organisation was established in May 2010 from a merger of the Accident Management Association (AMA) and the National Association of Credit Hire Operators. It now unites the industry.
The Association provides services to credit hire companies by helping to establish a favourable operating environment, by providing a forum for discussion on non-competitive issues, and by providing information to assist them in their business.
The benefits of membership include:
1. Promotion of the credit hire industry.
2. A central representative body putting forward the views of accident management companies to the Association of British Insurers, Government departments and other relevant organisations.
3. Working closely with the insurance market to introduce appropriate mutually beneficial changes, to discuss opportunities for working closer together and to improve jointly the service provided to vehicle accident victims.
4. Operating a technical centre providing commentary, guidance and advice on legal and other regulatory developments of relevance to credit hire companies.
5. A Technical Committee to assist members with questions on the ABI credit Hire/Repair Protocol, and on claims and legal issues connected with their business.
6. A forum for the exchange of non-competitive information and to collate accident management and other relevant market information.The Association holds at least two full member meetings a year with topics covered of commercial importance to members.
7.Social exchanges and opportunities for corporate hospitality; an annual dinner and drinks receptions are popular events.At the AGM there is an exhibition for suppliers to the industry to make members aware of their services. Associate members are extensively involved in this event.
Current membership The CHO has 62 full members and 30 associate members. Members range from the largest operator in the market to companies with a turnover of under £0.2 million a year, as well as some new market entrants. Members are estimated to account for around 85% by volume of the credit hire/credit repair market in the UK. A list of members appears on the website.
Subscriptions
Indicative annual subscriptions are:
- £1,000 plus vat for members under £1m turnover
- £2,000 plus vat for members with turnover between £1m and £4m
- £3,500 plus vat for members with turnover between £4m and £10m
- £7,000 plus vat for members with turnover between £10m and £25m
- £9,000 plus vat for members with turnover over £25m
- £1,000 plus vat for associate members
How to join
Complete the online application request for an application form or contact:Tony Baker Email: thetonybaker@gmail.com
