Carole Nash
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Carole Nash is a British
insurance broker An insurance broker is an intermediary who sells, solicits, or negotiates insurance on behalf of a client for compensation. An insurance broker is distinct from an insurance agent in that a broker typically acts on behalf of a client by negoti ...
age based in Salford, England. The company provides insurance cover for motorcycles,
classic cars A classic car is typically described as an automobile 25 years or older, although a car's age is not the only requirement it must meet before being considered a "classic." However, a standard criteria for recognizing cars as classics does not ex ...
and performance vehicles, as well as campervans.


History

In 1985 Carole Nash founded Carole Nash Insurance Consultants Ltd. The company's first headquarters were located at Nash's own family home in
Timperley Timperley is a suburban village in the borough of Trafford, in Greater Manchester, England. Within the boundaries of the Historic counties of England, historic county of Cheshire, it is approximately six miles southwest of central Manchester. T ...
, with business operations run from her kitchen table. She was 44 years old. Originally set up to look after the interests of vintage motorcycle owners, the business expanded to cover all types of motorbikes. By 1995, following a sustained period of growth, Carole Nash had 30,000
policyholder Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect ...
s on its books. Carole Nash opened its first office in Ireland in 1999. In 2004, the company acquired the motorcycle insurance arm of
The Automobile Association AA Limited, trading as The AA, is a British motoring association. Founded in 1905, it provides vehicle insurance, driving lessons, breakdown cover, loans, motoring advice, road maps and other services. The association demutualised in 1999 ...
, helping it to increase its customer portfolio to 230,000 policyholders. In December 2006, the business was sold by its founder to French insurance group
Groupama Groupama, an abbreviation for Groupe des Assurances Mutuelles Agricoles (), is a French insurance group headquartered in Paris with operations in 10 countries. It is listed in the 2007 ICA Global 300 list of mutuals and cooperatives, rank ...
for a reported £80 million. Following the sale, David Newman was appointed as Chief Executive Officer in September 2007. In May 2012 the company expanded into the classic motor industry with the launch of a specialist branch of the business tailored to meet the needs of classic and performance car owners. The company celebrated its 30th anniversary in 2015. To commemorate, a life-size replica of the first motorcycle ever insured by Carole Nash – an AJS 1927 – was unveiled, made entirely from cake and chocolate, and measuring two metres (length) by 0.9 metre (height). To this day, the owner is still insured through Carole Nash. In 2017 Carole Nash was bought by Atlanta Group, (part of the Ardonagh Group).


Key people

Carole Nash Founder. Sold the business to Groupama in 2006. She is still actively involved with the company, taking part in events and interviews during the company’s 30th anniversary celebrations. In 2012 Carole Nash was appointed an OBE for charitable services in the Northwest of England. David Newman David Newman was CEO of Carole Nash Insurance Consultants Ltd and Chairman of Carole Nash Legal Services LLP, one of the first approved Alternative Business Structures (ABS) allowed under the
Legal Services Act 2007 The Legal Services Act 2007 is an Act of the Parliament of the United Kingdom that seeks to liberalise and regulate the market for legal services in England and Wales, to encourage more competition and to provide a new route for consumer compl ...
, He is a chartered director and chartered marketer as well as a fellow of the
Chartered Institute of Marketing The Chartered Institute of Marketing (CIM) was founded in 1911. It has over 30,000 members, including more than 3,000 registered Chartered Marketers. CIM offers 130 study centres in 36 countries, and exam centres in 132 countries. In 1952 Prince ...
and the
Institute of Directors The Institute of Directors (IoD) is a British professional organisation for company directors, senior business leaders and entrepreneurs. It is the UK's longest running organisation for professional leaders, having been founded in 1903 and inco ...
. He also holds a diploma in Company Direction from the Institute of Directors. He has been a non-executive director of the Insurance Fraud Bureau, a non-profit organisation funded by the insurance industry to detect and deter insurance fraud in the UK, since 2010. Newman was named a finalist in the Northwest Director of the Year Awards 2015. Ian Donaldson Ian Donaldson is the current CEO of Carole Nash Insurance, Ian is also the CEO of Autonet and Swinton, both are subsidiaries of the Ardonagh group. Customer Council In 2014 Carole Nash created its own Customer Council. Made up of eleven policyholders, the council offers real-time insight into the current areas that matter most to real bikers, allowing Carole Nash to get beneath the surface of how they can provide better care and product offering. The Customer Council were involved in the development of 'Rider Cover' as standard on its policies, enabling bikers to ride their friend’s bikes for free.


Partners

Jonathan Rea Jonathan Rea (born 2 February 1987) is a People of Northern Ireland, Northern Irish professional Motorcycle sport, motorcycle racer. He competes in the Superbike World Championship and is a six-time champion in the series. He is the first to ha ...
races professionally for Kawasaki in the World Superbike Championship, where he was crowned champion in 2015. To celebrate, colleagues from Carole Nash's Irish offices changed their name to Jonathan Rea by deed poll. Jonathan has been a brand ambassador for Carole Nash since 2013.
Leon Haslam Leon Lloyd Haslam (born 31 May 1983, in the London Borough of Ealing) is a motorcycle road racing, road racer based in Derbyshire, England. In February 2022, Haslam confirmed he would be racing in 2022 British Superbike Championship, British ...
currently competes in the
British Superbike Championship The British Superbike Championship (BSB), known for sponsorship reasons as the Bennetts British Superbike Championship, is a road racing championship for superbike class machines in the United Kingdom and acknowledged as the premier domestic s ...
for Kawasaki and is the son of retired
MotoGP Grand Prix motorcycle racing is the highest class of motorcycle road racing events held on Road racing, road circuits sanctioned by the Fédération Internationale de Motocyclisme (FIM). Independent motorcycle racing events have been held sin ...
legend 'Rocket Ron' Haslam. Leon has been an ambassador for Carole Nash since 2014.


Social responsibility

To commemorate the 30th anniversary of the company in 2015, Carole Nash donated £30,000, shared out amongst five local charities; the
Christie Hospital The Christie, formerly known as Christie Hospital and The Christie Hospital and Holt Radium Institute, is a specialist National Health Service, National Health Service (NHS) single site cancer centre in Manchester, United Kingdom. The hospital is ...
,
North West Air Ambulance North West Air Ambulance (NWAA) is the Air medical services, helicopter emergency medical service (HEMS) that covers the North West England region, consisting of the counties of Cheshire, Cumbria, Lancashire, Greater Manchester and Merseyside ...
, The Counselling & Family Centre, Forever Manchester and
Brake A brake is a machine, mechanical device that inhibits motion by absorbing energy from a moving system. It is used for Acceleration, slowing or stopping a moving vehicle, wheel, axle, or to prevent its motion, most often accomplished by means of ...
. A further £30,000 was split across six
Blood Bikes A blood bike is a specialist motorcycle modified for use as a courier vehicle for the prompt transportation of urgent and emergency medical items; primarily including blood, and also including X-rays, tissue samples, surgical tools, human milk ...
groups. Blood Bikes are a rapid response motorcycle-based charity, run by unpaid volunteers, who move urgent medical supplies and test samples to hospitals up and down the UK.


Insidebikes

The company operates its own motorcycle news, guide and advice site, entitled Insidebikes. The site provides motorcycle-related news covering industry news, consumer issues and sport news from the MotoGP, World Superbikes and British Superbikes championships. A number of guides on new products, models and owning and riding advice are also featured.


Awards

Carole Nash has been awarded a number of awards, including: * Personal Lines Broking Innovation of the Year award for 'Bikers Only' at the British Insurance Awards 2016 *Insurance Times Awards **Excellence in Motor Broking - 2015 **Personal Lines Broker of the Year – 2015 **Brand Marketing Campaign of the Year - 2012 *Defaqto **Carole Nash Motorcycle Insurance rated as an 'excellent product' and given five-star rating – 2012, 2013, 2014, 2015, 2016 *RiDE Magazine, RiDER Power Survey: **Britain's Most Used Motorcycle Insurance Broker – 2002, 2003, 2004, 2006, 2007, 2008, 2009, 2010. *Insurance Age Awards: **Claims Initiative of the Year – 2004 *British Insurance Awards: **Personal Lines Broker of the Year – 2003, The Training Award – 2003


References


External links

*{{Official website, https://www.carolenash.com Insurance companies of the United Kingdom Financial services companies established in 1985 Companies based in Trafford 1985 establishments in the United Kingdom