2007
A new “modern classics” policy allows owners of bikes 10 years old or more to claim discounts of up to 26 per cent on their insurance. Typically brokers require bikes to be anything between 15-25 years old to qualify for lower cost classic motorcycle insurance.
A new initiative launched by Carole Nash means bikers can transfer any motorcycling no-claims bonus they have built up to a car insurance policy – and claim a discount of up to 60 per cent. This means that with a maximum no claims bonus – claims-free riding of five years or more – a £700 car premium would be slashed to just £280.
Carole Nash launches its first dedicated quad bike policy promising to offer riders greater choice, value and cover. For road quads, the policy includes breakdown recovery and legal protection worth up to £50,000 as standard, with a variety of discounts available dependent on the rider’s age, the value of the quad and the security fitted. A choice of third party only, third party fire and theft or comprehensive cover is offered and bikers can use any no claims bonus previously secured from riding a road quad or motorbike to minimise their premium.
Carole Nash teams up with MCN to launch a quest to find the nation’s finest bikes as ‘Britain’s Got Biking Talent’ is launched. The competition attracts over 1,500 entries with the top 50 shortlisted bikes facing a public vote. Nearly 45,000 bikers vote with the top 12 bikes unveiled at the International Motorcycle & Scooter Show. The dozen winners all have their machines professionally photographed to feature in the Carole Nash 2008 calendar, which is distributed to some 150,000 bikers. The overall winner also claims trip of a lifetime to a Moto GP anywhere in the world, with flights and accommodation included.
2006
An independent survey of over 8,600 motorcyclists carried out by RiDE magazine confirms Carole Nash remains the UK’s favourite motorcycle insurance broker. It is the fourth time in the previous five RiDE surveys that the company has emerged as the bikers’ choice.
Carole Nash Insurance Consultants is acquired by Groupama UK, one of the UK’s leading insurers. Management at Carole Nash Insurance Consultants reassured bikers that it is business as usual.
Knotts Motorcycles beats 3,000 dealers to take the inaugural Carole Nash Dealer of the Year Award. The Stratford-based dealer wins a total of £2,800 to spend on commercial insurance.
Carole Nash becomes the first major biking specialist to offer a dedicated off road policy. The new standalone policy costs from just £99 annually and offers fire and theft cover for motocross bikes, including children’s models, plus sport, leisure, utility and junior quads.
The company announces another strong performance with total revenues breaking through the £70m barrier for the 2004-2005 financial year
.
2005
Insurance Times names Carole Nash as one of the UK's top 30 brokers.
Staff numbers near 400 whilst publication of audited accounts
for the year-ended October 31 2004 sees revenues rising from £54
to £70m as diversification continues to reap rewards.
2004
OMNI, an innovation that allows any combination of motorcycle,
car or home to be insured on a single policy, is launched.
The company launches its first significant drive into the mainstream
car market with a cross-marketing campaign, mainly targeting existing
customer with a range of added-value policies. By Spring 2005,
car policies account for 10% of customer base.
Insurance Times names Carole Nash as one of
the UK's Top 40 brokers.
The AA’s UK motorcycle business
is acquired and, alongside organic growth, breaks the company
through the 230,000 policyholder barrier.
2002
A £500,000, state-of-the-art, dedicated Training Centre
is opened close to the company’s Altrincham HQ. The move
is designed to ensure service standards are maintained and enhanced
during the company’s rapid growth.
Following a £240,000 investment Carole Nash opens its own
Service & Repair Centre, the flagship of a new national network
of approved repairers. Customer service standards rise with policyholders
enjoying FREE collection, delivery
and valet of their bikes, a guarantee that quotations would be
provided within 48 hours and faster turnaround of repairs and
claims settlement. Analysis also showed repair costs being reduced
by 13% since the network’s launch, helping minimise premiums.
2001
Alarmed at rising theft rates and the knock-on effect to bikers’
premiums, CN Secure is launched. Offering heavily discounted motorcycle
security providing savings on list prices of up to 27% fitted
FREE by specialist technicians
at bikers’ homes or workplaces. It becomes the UK’s
largest independent motorcycle security fitter.
1999
The company enters the Irish market as Ronan Keating opens its
Dublin office. John Wheeler, Chair of the Irish Motorcycle Action
Group describes it as “the best thing to happen to Irish
motorcycling in 25 years”. Carole Nash is now market leader
in Ireland.
1998
The expertise and added-value model employed in the classic motorcycle
sector is applied to the classic car market. The company promptly
emerges as one of the leading providers of classic car insurance
in the UK.
1997
A major drive into the modern motorcycle market is launched, supported
by a highly targeted marketing campaign. It swiftly leads to Carole Nash
securing leadership of the entire UK motorcycle insurance market.
1995
With 30,000 policyholders Carole Nash Insurance Consultants gains leadership
of the classic and vintage motorcycle sector.
1991
Carole Nash appears on Granada’s Flying Start programme
and is told by its panel of business experts that whilst having
a good business she will never be one of the “big boys”.
1985
Carole Nash founds the company with a £2,500
redundancy cheque at her home in the Manchester suburb of
Timperley. Turnover in its first month hit £834 – today
monthly sales are nearly £6m.
2005
Management Today places Carole 56th in a table of the UK’s
Top 100 entrepreneurs.
Carole is a finalist in 'The Veuve Cliquot Business Woman of
the Year Award'.
2004
Handbag.com names Carole Nash as one of the UK’s
top five entrepreneurs.
The company is top of the Sunday Times/Fastrack top 100 most
profitable companies.
Carole Nash is awarded the Winning Women Business trophy.
Carole Nash wins Claims Initiative of the Year at the Insurance
Age Awards.
2003
Carole Nash is awarded Personal Lines Broker of the Year,
at the British Insurance Awards.
Carole Nash top the RiDER POWER poll again and achieve the highest
satisfaction ratings of the 35 firms surveyed.
The company is awarded The Training Award at British Insurance
Awards.
Carole Nash is awarded Everywoman award for most inspirational
businesswoman aged over 50.
2002
Carole Nash tops the RiDER POWER poll again.
2001
Carole Nash is most popular bike insurance
firm in RiDER POWER a survey of over 7,000 bikers, conducted by
RiDE magazine.