Association of British Insurers (ABI)
Jensten buys broker; Pen's renewables product; Zurich UK's head of compliance
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
UK cyber insurance claims hit £197m in 2024
Insurers paid out £197m to the UK businesses hit by cyber incidents in 2024, according to data from the Association of British Insurers.
ABI pressed to make insurers cover subsidence for 10 years post-claim
The Association of British Insurers has been called on to specify insurers maintain clay shrinkage subsidence cover for 10 years after repairs in its guidance.
Flood Re calls for property flood resilience to be made mainstream
Flood Re has kicked off this year’s Flood Action Week with a call for government, insurers, lenders and homeowners to work together to make property flood resilience a mainstream part of protecting property across the UK.
How is the fight against ghost brokers evolving?
Following a 52% increase in ghost broking in 2024, Tom Luckham explores how the fight against fraudulent insurance policies and their facilitators is changing.
Belonging best practice in insurance
In a special episode of the Insurance Post Podcast, recorded to coincide with this year’s Dive In Festival, how insurers and brokers can move beyond intention to create real impact on inclusion and belonging is explored.
Ditch ‘pre-existing condition’ terminology to fight travel insurance pain point
The industry should leave behind the term ‘pre-existing condition’ in order to lessen the rate of under-declaration in medical screenings, delegates have heard.
Spotlight: The ESG opportunity: insurers as partners in SME resilience
Insurers and brokers look set to play a pivotal role in ESG education and risk management – and potentially, there is a role for more specialist products and incentives to reward firms that demonstrate best practice, writes Rachel Gordon.
Is the pet insurance market delivering fair value?
As vet bills increase and complaints grow, Sam Barrett explores how the pet insurance sector is responding to consumer confusion, cover gaps, and cost pressures.
ABI gears up for winter storm season
Trade Voice: Mark Shepherd, head of general insurance policy at the Association of British Insurers, sets out how greater resilience and understanding can help customers weather stormy weather.
Motor premiums fall £60 year-on-year
Motor insurance premiums have fallen by £60 over the last year, while claims payouts increased significantly, according to data from the Association of British Insurers’ quarterly premium tracker.
Verisk warns of ‘perfect storm’ in subsidence claims
Ben Blain, head of property at Verisk UK, has warned of a "perfect storm" in subsidence claims, citing increasing volumes coupled with an uptick in material costs.
Subsidence claims hit £153m in H1 2025
Subsidence-related insurance claims totalled £153m in the first half of 2025, according to data from the Association of British Insurers.
Insurers call for more regulation of electric vehicles
Petty Abrams, senior associate at law firm DWF, explores how new salvage rules, battery risks, repairability issues, charging liability, and increasing claims costs are reshaping motor insurance, and examines the need for more updates to legal frameworks.
FCA lays out road map to tackle motor insurance costs
The Financial Conduct Authority has outlined what caused motor insurance costs to skyrocket in recent years and explained the steps the regulator, providers and the government should take to reduce premiums.
FCA and ombudsman to overhaul compensation system
The Financial Conduct Authority and the Financial Ombudsman Service have unveiled plans to reform the consumer compensation system.
ABI reveals £104m Covid fund’s impact
The ABI has announced a partnership with the National Emergencies Trust alongside the publication of a report outlining the impact of funds donated to a range of charities by the industry during the Covid-19 pandemic.
ABI Fire Safety Facility cover limit raised to £75m
The Fire Safety Reinsurance Facility has been expanded, allowing participating insurers to now cover losses of up to £75m.
ABI at 40: A quick look back and longer look forward
As the trade body turns 40, Malcolm Tarling, former chief media relations officer at the Association of British Insurers, reflects on how it was formed, achievements today and what the future holds.
Throwback Thursday: ABI’s insurance premium warning
Insurance Post’s Throwback Thursday steps back in time to June 1991 to remind you what was going on this week in insurance history when the Association of British Insurers warned consumers to expect to pay more for cover.
Vote for The Industry Impact winner at the 2025 British Insurance Awards
The voting is now open for you to decide who should be the recipient of the Industry Impact Award at the 2025 British Insurance Awards.