The nice thing about having full insurance is when you have an accident regardless of who is at fault the worst case scenario is you pay an excess and your premium goes up (provided you weren't drunk etc).
I really think you need to take action against his insurance company. Put a claim into them. He has third party insurance, you are a third party who had their car damaged by him. Usually it would be your insurance company going in to bat for you and making them cough up, but in this case give it a go yourself.
Also do you have any mates who are lawyers? Get a strongly worded letter delivered to him. Start threatening court action, maybe he'll want to settle?
Btw you know he has lost his licence... now this guy is a total dickhead, I reckon the chances of him driving while suspended are pretty high. Instead of doing something stupid like putting a brick through his window, if you know where he lives maybe you go get a few pics of him driving to drop into the local police station. Additionally I bet he didn't even tell his insurance company what happened as it would affect his premium, make sure they're well and truely aware of what went on.
Finally when you don't get anywhere with his insurance company (which you probably won't the first time round) ask them for the details for the insurance ombudsman. They handle third party disputes up to the value of $3000. Often to avoid a cost dispute insurance companys will settle beforehand.
Good luck and at least you're not seriously injured, so many people live with ABI and thank goodness you're now not one of them.
