Common Contracts
1 similar General Terms of Agreement contracts
ABI GENERAL TERMS OF AGREEMENT (GTA) BETWEEN SUBSCRIBING INSURERSGeneral Terms of Agreement • October 16th, 2018
CONTENTS Paras Page 1. Introduction 4 ▪ Development of the GTA 1.2 ▪ Recovery prospects 1.3 ▪ Bilateral changes 1.4 ▪ Status of the GTA 1.5 2. GTA Administration arrangements 4 ▪ Vehicle delivery 2.1 ▪ GTA website 2.2 ▪ Second tier 2.3 ▪ Nominated contact points 2.4 ▪ Responsibility for operation and working of the GTA 2.5 ▪ Dispute resolution facility 2.6 ▪ Future changes to the GTA 2.7 ▪ Annual review of settlement rates 2.8 ▪ Audits 2.10 ▪ Applications to subscribe to the GTA 2.11 3. Acceptance of customers under the GTA 6 ▪ First to a customer definition 3.1 ▪ Insurer first to the customer 3.4 ▪ Intervention settlement rates or customer unwilling to accept insurer offer 3.6 ▪ Insurer believes they are first to customer 3.6 4. Information requirements for new business and monitoring arrangements 7 ▪ New Claim Advice Form 4.1 ▪ Insurer response to New Claim Advice Form 4.2 ▪ Mitigating losses 4.3 ▪ Class of replacement vehicle 4.4
