Association of British Insurers (ABI)
View from the top: Time to share fraud data
Industry fraud statistics are normally presented as a good news story. Last year, insurers stopped 122 000 frauds, preventing payment of a huge £840m.
Chaucer recruits former Axa CEO Wood as non-exec
Chaucer Holdings has appointed Mark Wood as a non-executive director from today. He joins the audit, remuneration and nomination committees, and following FSA approval, will become a non-executive director of Chaucer Syndicates, the group’s Lloyd’s…
ABI issues consumer insurance guide
The Association of British Insurers has published a guide of its top tips and myths to help consumers make the right choices when buying cover.
Climate change - flood defences: Manning the defences
With the government cutting the budget for flood and coastal risk management and the coming expiry of the Statement of Principles, Amy Ellis looks at the future of flood defence.
Health insurance - IPT rise: A bitter pill
With the failure of the industry's efforts to persuade the Treasury to freeze, or indeed lower, insurance premium tax on private medical insurance, Veronica Cowan looks at what it would take to lobby more effectively.
Postbox: Discovering the intentions of customers
As the Actuarial Party's recent report states, claims management companies are driving some people to claim.
Allan Bridgewater - an obituary
Allan Bridgewater, who died on 5 August, aged 74, was a major force in the insurance industry throughout his long career.
Fire claims costs reduced
Insurers have paid out £566m for damage caused by fire in the second half of 2009, statistics from the Association of British Insurers have revealed.
Postbox: Nick and Tom in agreement?
It is a pleasure to be able to write 'I agree with Tom [Jones, Thompsons partner]'
Allianz claims industry first with dedicated liability fraud team
Allianz Insurance is on course to make casualty insurance fraud savings of more than £10m, after setting up a specialist fraud team.
Investment in flood defences must be a government priority
The Association of British Insurers who has warned today that as climate change increases flood risk, the coalition government must make investment in flood defences a priority despite the squeeze on spending.
NI motor still competitive despite higher cost for consumers
Imbalance between the volume of motor claims in Northern Ireland (5.4% of the UK total) compared to the number of vehicles (2.6%) is contributing to higher insurance premiums in the province.
Editor's comment: Operation Tinky Winky
Last week, the issue of fraud was again writ large in the insurance trade press with the latest figures from the Association of British Insurers revealing 122 000 fraudulent insurance claims were uncovered in 2009, up 14% on 2008. The value of these…
Top five Post stories
The five most popular stories at postonline.co.uk over the past seven days were:
Aviva: millions saved by 'ghost broker' clampdown
A clampdown on the fraudulent activities of so-called 'ghost brokers' has saved Aviva "several million pounds" in dubious motor claims, Post can reveal this week.
New financial regulation "will benefit all"
The Association of British Insurers' director of financial regulation and taxation, Peter Vipond, has spoken out in response to today’s Treasury consultation.
ABI confirms insurance fraud hit £16m a week in 2009
Insurers are detecting more fraudulent insurance claims than ever according to figures released today by the Association of British Insurers.
Fraud Awards shortlist announced as ABI unveils latest detection figures
The shortlist for the 2010 Insurance Fraud Awards - recognising excellence and best practice in combating and preventing insurance fraud - has been announced today.
ABI supports MoJ data protection review
The Association of British Insurers has backed a Ministry of Justice review of the Data Protection Act.
Post in print - 22 July 2010
Post reporter Dan Dunkley outlines the main news from this week's issue of Post.
Credit hire: Stuck on you
After Axa spurned the Association of British Insurers' general terms of agreement, many thought other motor insurers would follow suit. Rachel Gordon examines why a mass exodus has not occurred.
Personal injury - unsolicited SMS: Text pests
With a rise in unsolicited text messages encouraging recipients to make personal injury claims, Daniel Dunkley looks into what the industry can do to tackle this undesirable correspondence.
Overseas illness costs
The Association of British Insurers has highlighted that the cost of falling ill abroad has hit a record high, as travel insurers helped an unprecedented number of people needing emergency medical treatment while overseas.
Editor's comment: ABI headhunt back on
There is no other way of looking at the Kerrie Kelly debacle than as a bit of an embarrassment for the Association of British Insurers.