Vehicle repair industry threatened by insurance group's new facility

Author
Newstalk ZB,
Publish Date
Tue, 13 Apr 2021, 8:37PM
(Photo / Getty)
(Photo / Getty)

Vehicle repair industry threatened by insurance group's new facility

Author
Newstalk ZB,
Publish Date
Tue, 13 Apr 2021, 8:37PM

A potential threat to independent motor vehicle repairs.

IAG, who is the parent company of insurance brands State, AMI, NZI and Lumley, has created a company called Repairhub which takes care of the easier repair jobs.

Collision Repair Association's Neil Pritchard told Heather du Plessis-Allan those brands account for up to 60 per cent of the industry.

"If they've got 10 or 12 Repairhub shops doing between 80 to 100 jobs a week - that could be 50,000 jobs coming out of the pool that's no longer available to regular repairers."

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