Association of British Insurers (ABI)
Industry shifts toward executive gender balance
The number of women on the executive teams of insurance companies has increased by a fifth, a study by the Association of British Insurers has found.
No deal Brexit an ‘unforgivable act of economic self-harm’
Huw Evans, director general of the Association of British Insurers, will tonight warn that if there is no alternative other than no deal then the UK must delay Brexit.
British Insurance Awards at 25: The judges reflect on the changing market
With the deadline for entering the British Insurance Awards getting ever closer, what better time to introduce the judges who will be casting an eye over these years submissions? Post canvasses them for their favourite memories of previous BIAs and their…
Drivers in autonomous vehicles 'shouldn't be held liable'
Drivers of fully automated vehicles should not be held liable for accidents involving their cars while technology is in charge, says the Association of British Insurers and Thatcham Research.
FCA gives wholesale broking market a clean bill of health
The Financial Conduct Authority has closed its market study of wholesale insurance brokers, saying it had “not found evidence of significant levels of harm that merit the introduction of intrusive remedies”.
Analysis: Tenancy deposits – tailored tenancies
Many tenants struggle to find a lump sum of money to put down for a deposit. Insurance instead of a deposit provides an alternative – offering tenants greater affordability and increasing security for landlords. It could also mean a welcome new class of…
AI insurance fraud initiatives get £13m government backing
The government will put part of a £13m fund towards using artificial intelligence to fight insurance fraud.
Blog: How can insurers adapt to the ever-changing automotive landscape?
One of the biggest challenges facing motor insurers is delivering a service that attracts and keeps customers, while keeping control of premiums argues James Roberts, business development director for insurance at Europcar Mobility Group UK.
ABI weighs feasibility for ELTO-like tool for child abuse claimants
Insurers will publish a report in April on the feasibility of a tool for victims of child sexual abuse in making claims.
Zurich UKGI profit rises despite 'tough' market
Zurich’s UK general insurance arm has seen profits rocket and a marked improvement in its combined operating ratio in its 2018 financial year, following a loss making 2017.
Insurance Census 2019
Post revisited its popular Census research to find out how closely the sector reflects the society it serves. With so much focus on diversity, gender equality and inclusion, two new areas have been included in the census: sexual harassment and mental…
CII reports ethnicity pay gap
The Chartered Insurance Institute has revealed that its mean ethnicity pay gap is 1%, while its median ethnicity pay gap is -16%.
Analysis: Insurers under the spotlight over institutional child abuse claims
Insurers have been forced to defend how they handled non-recent child abuse claims, in the latest stage of a high profile inquiry
Industry pays tribute to former Thatcham CEO, Peter Shaw
Tributes have flooded in from across the industry to Peter Shaw, former CEO of Thatcham Research, whose death was announced on Monday.
This week: Tackling pale, male and stale
Diversity topped the agenda this week with Post exclusively revealing that the Association of British Insurers is backing an ethnicity pay gap reporting proposal.
UK inks insurance free trade deal with Switzerland
Insurance sectors in the UK and Switzerland will continue trading freely with one another after Brexit, following a trade agreement signed at the World Economic Forum in Davos yesterday.
ABI tracker shows fall in motor premium
The cost of motor insurance fell last year for the first time since 2014, according to statistics from the Association of British Insurers.
Ethnicity pay gap reporting to pose 'challenges' for insurers if made mandatory
Exclusive: Insurers have welcomed the Association of British Insurers’ backing of ethnicity pay gap reporting, but data collection may pose a challenge for firms if the government mandates it.
ABI backs ethnicity pay gap reporting proposals
Exclusive: The Association of British Insurers has backed proposals to introduce ethnicity pay gap reporting.
This week in Post: No done deal
Post journalists and broking stalwarts found themselves in the Houses of Parliament this week, on the day that Prime Minister Theresa May’s Brexit deal suffered an historic defeat.
Insurers issue no-deal Brexit warning over Green Cards
Motorists from Northern Ireland will have to secure a Green Card from their insurer if they wish to cross the border into Ireland, if there is a no-deal Brexit.
Insurers to implement no-deal plans following Brexit vote
Insurers may be forced to implement their no-deal contingency plans due to political uncertainty arising from yesterday’s Commons vote.
Analysis: Is the industry prepared if the UK is hit with Brexit riots this year?
Legislation introduced in the wake of 2011 riots aims to simplify claims handling
Analysis: Jumping into 2019
2019 is sure to be mostly about Brexit but, as Sam Barrett explains, there will be other challenges and opportunities for insurers as well