Drive Assist has restructured its finances and received a major investment from private equity group Charterhouse.
The replacement vehicle supplier has secured long-term funding arrangements with seven-year banking facilities and five-year committed vehicle stocking facilities.
Meanwhile, Stuart Woolley and Trevor Leggett have retired as Drive Assist directors.
Drive Assist chief executive Steve Binch is confident that the financial reorganisation will enable the company to go from strength to strength.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
