citations for verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . may 2012 learn how and when to remove this template message motor insurers bureau type private industry motor insurance founded 1946 headquarters linford wood house stantonbury england uk key people ashton west chief executive products compensation number of employees 320 2009 website mib the motor insurers bureau mib was founded in the uk in 1946 as a private company limited by guarantee and is the mechanism in the uk through which compensation is provided for victims of accidents caused by uninsured and untraced drivers which is funded by an estimated 30 a year from every insured driver s premiums . contents 1 role and history 2 mib schemes 2.1 the uninsured drivers scheme 2.2 the untraced drivers agreement hit and run scheme 2.3 the green card scheme 3 see also 4 notes 5 external links 5.1 news items role and history edit its role was and is to enter into agreements with the government as to how compensation claims from people who have been involved in accidents which were caused by uninsured or untraced drivers may be compensated . section 95 of the road traffic act 1988 requires every insurer dealing with compulsory motor insurance to belong to the mib and to contribute to its funding . according to the mib s website s faq section the cost of funding the mib is ultimately borne by law abiding motorists who pay their insurance premiums . 1 the offices are near the junction of the a422 monks way and b4034 marlborough street in linford wood milton keynes . mib schemes edit the mib run three types of schemes that help the victims of negligent drivers named the uninsured drivers scheme the untraced driver s scheme and the green card scheme . the uninsured drivers scheme edit this scheme deals with compensation claims arising out of accidents caused or contributed to by an uninsured driver . where it is shown that no policy of insurance exists covering the responsible party s vehicle the mib will consider dealing with a claim for compensation from the victim . liability still needs to be assessed but because the negligent and uninsured party has been formally identified the mib recognise that the innocent victim has rights of full legal redress once fault is proven . this assumes that the mibs own claims criteria are met . claims will be considered for the cost of repairing replacing your vehicle comprehensively insured policyholders precluded hire charges loss of use and property damage . an injured party can also claim for treatment and or rehabilitation for pain and suffering . legal costs are paid in full by the mib once the claim is proven . the untraced drivers agreement hit and run scheme edit this scheme applies to the victims of hit and run driver accidents . where the driver deemed to be responsible for an accident leaves the scene and is not traced the mib will consider a claim for compensation in respect of both property and personal injury damages . there are a number of restrictions imposed with this scheme not least the fact that one can not recover legal fees in full . the mib will only pay a fixed fee of 500 vat as a contribution towards a victim s legal fee . the green card scheme edit this scheme involves accidents caused by the negligent driving of foreign motorists . the mib will under certain circumstances agree to step in and deal with claims from innocent victims of such accidents rather than force the injured victim to seek compensation from a potentially uncommunicative foreign insurer . the concept of this scheme was introduced to the uk as a result of european union eu legislation . the mib is a member of the international council of bureaux see also edit association of british insurers notes edit who pays for mib . the motor insurers bureau . external links edit the motor insurers bureau official website v t e driving in the united kingdom main topics approved driving instructor british land speed record driving examiner united kingdom the highway code driving licence in the united kingdom list of uk driving licence endorsements road signs in the united kingdom road speed limit enforcement in the united kingdom road speed limits in the united kingdom united kingdom traffic laws traffic signs regulations and general directions acts locomotives on highways act 1896 motor car act 1903 road traffic act 1934 organisations disabled motoring uk driver and vehicle agency driver and vehicle licensing agency driver and vehicle standards agency driving standards agency institute of advanced motorists motor insurers bureau safe speed safety camera partnership companies british school of motoring search for driving lessons driving test hazard perception test united kingdom driving test schemes national driver offender retraining scheme pass plus young driver schemes tv & entertainment britain s worst driver clarkson s car years driven tv series driving school fifth gear for the love of cars jeremy clarkson s motorworld sniff petrol top gear 1977 tv series top gear 2002 tv series offences causing bodily harm by wanton or furious driving causing death by dangerous driving dangerous driving dr10 news items edit uninsured drivers in september 2009 young uninsured drivers in august 2009 bradford drivers in february 2008 inner city drivers in september 2006 working lunch august 2006 rogue drivers in june 2006 merseyside crime in february 2006 retrieved from https en.wikipedia.org w index.php title motor insurers % 27 bureau & oldid 691204068 categories vehicle insuranceinsurance companies of the united kingdomcompanies based in milton keynescompanies established in 19461946 establishments in the united kingdomdriving in the united kingdomhidden categories articles needing additional references from may 2012all articles needing additional references navigation menu personal tools not logged intalkcontributionscreate 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