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diamond car insurance FAQ

How is it that Shiela's Wheels and Diamond Car insurance are allowed to make blatantly sexist claims?

May 04, 2007 by Andy D | Posted in Law & Ethics

Whether women are the better drivers or not is not the point, and I dont want to start an arguement about that. I have my opinion and everyone else probably has theirs.

I am wondering why, with all the politically correct crap flying about

It's because sex discrimination and age discrimination laws only apply to employment, not the delivery of services - so a service can target one particular sex or age group quite legally.
Just think, if age discrimination applied to services, they

fengirl2 | May 04, 2007

I really don't see your point. I don't think it's advertised in a sexist way at all, they are just basing their ads on facts.
CLARE N | May 04, 2007

Diamond Car Insurance? gave the cheapest quote, anybody use or used them?

Jul 30, 2008 by manx girl Isle of Man. | Posted in Insurance & Registration

I am 21 year old female wanting to start my own insurance policy instead of being 2nd driver on my mums car. I have a Toyota Rav4 Sport, which insurance companies are good with younger people please (the car is 8 years old, so not worth a great deal)

If they were the cheapest out of an extensive research I'd use them.
If you are worried about something you can check with your state's insurance department to see if they are licensed to do business.

Valhalla | Aug 03, 2008

If Diamond have given you the cheapest quote, use them.
Have you tried http://www.confused.com ?
J G | Jul 30, 2008

Diamond car insurance for women?!?

Jul 10, 2006 by ashley m | Posted in Insurance & Registration

What is with that advert "Diamond Car Insurance for Women"? Women are meant to be the safest drivers. According to statistics, the only reason people think women are safer drivers is because they make a claim on their boyfriends/husbands car

Women have just as many claims as men

The difference is most Women's claims are for low speed 'dings' with no one else involved other than an occasional gate post.

Most men's claims involve a third party and a major claim,

'Dr Greene' | Jul 10, 2006

diamond car insurance news

Barclays Cuts Diamond's Pay as Lloyds, RBS Award CEOs Stock

18.05.12

Barclays Plc (BARC) cut Chief Executive Officer Robert Diamond’s remuneration by almost a third last year and froze his salary for 2012 after the lender missed its profitability target.

Diamond received 6.3 million pounds ($9.9 million) in salary, bonuses and stock last year, down from 9 million pounds the previous year, the London-based lender said in its annual report today. Barclays said last month it may fail to hit the 13 percent target for return-on-equity by 2013 after it fell to what Diamond said was an “unacceptable” 6.6 percent in 2011.

“The board and the committee recognize that our return on equity has to improve,” Alison Carnwath, chairman of the board’s remuneration panel, said in the report. “In order to achieve this, our operating costs need to be reduced. Remuneration has its part to play in that.”

Diamond is Britain’s second-best paid bank CEO after HSBC Holdings Plc (HSBA)’s Stuart Gulliver, who received 7.16 million pounds. Royal Bank of Scotland Group Plc (RBS) and Lloyds Banking Group Plc (LLOY), Britain’s two government-owned banks, today gave their CEOs about 7 million pounds in stock vesting in 2015 after they declined cash bonuses for 2011 amid political criticism.


Source: BusinessWeek