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Motor Insurers' Bureau
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.
==Role and history==
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.〔(【引用サイトリンク】publisher=The Motor Insurers' Bureau )〕
The offices are near the junction of the A422 (''Monks Way'') and B4034 (''Marlborough Street'') in Linford Wood, Milton Keynes.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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