Motor Insurance Database (MID)
In the UK the government established the Motor Insurance Database (MID) and the Motor Insurers Information Centre (MIIC) to run and maintain a register of all vehicles insured and the identity of the relevant insurer.
The Motor Vehicles (Compulsory Insurance) (Information Centre and Compensatory) Regulations 2003 make it a legal requirement for fleet and motor trade policyholders to supply accurate and timely updates to the MID or face fines of up to £5,000.
The regulations require details to be supplied immediately of all road registered vehicles held for 14 days or more.
Records of all road registered vehicles held for less than 14 days and not submitted to the MID must be retained for 7 years.
Allianz Commercial provide a variety of means for this data to be supplied including the use of an established website:
MID Supply of Vehicle Data
The Fourth Motor Insurance Directive is designed to improve the claims process for EU citizens who are involved in motor accidents in other EU member countries. The principle requirement is that a claimant should be able to identify the relevant insurer from the Vehicle Registration Mark. This may also help to combat uninsured driving.
In the UK this legislation requirement is met by the MID which has been designed to provide a record of all insured motor vehicles registered for use on the road. To comply with legislation we require any additions or vehicle alterations to be notified immediately. This can be done by downloading and completing our Supply of Vehicle Data form.