Association of British Insurers (ABI)
FCA boss warns insurers about ‘exploiting’ customers through Big Data
The Financial Conduct Authority has warned against insurers “exploiting” customers by using Big Data to unfairly tailor premiums.
Amanda Blanc appointed as new chair of the ABI's General Insurance Council
Amanda Blanc has been appointed as the new chair of the Association of British Insurers’ General Insurance Council.
ABI urges regulators to 'refine not replace' Solvency II post-Brexit
Insurers are calling on regulators to refine Solvency II to better suit the UK market, rather than replace it entirely when the UK leaves the EU.
Insurers welcome government's whiplash consultation after MoJ u-turn
Insurers have welcomed the government’s whiplash reform consultation, which launched today after apparently being 'shelved' in October.
MoJ launches whiplash consultation
The Ministry of Justice today launched its consultation on proposals to personal injury reform.
Almost all motor claims made last year were successful
The UK insurance market paid out £15bn to policyholders last year with 99% of private motor claims made being successful.
Over-50s: Targeting a mature market
For insurers, targeting the over-50s market would appear to be a no-brainer, not least because there are so many of them.
All aboard the Brexit rollercoaster
There is a touching stubborn optimism in the insurance industry about where the Brexit negotiations might lead, although it is rather like one of those fixed smiles that it gradually becomes harder to sustain with any degree of conviction.
Customers' home insurance will not be 'invalidated' following Samsung recall
Insurers have warned customers to respond to Samsung’s recall of Galaxy Note 7 devices but have assured them that their homes will still be covered in the event of a fire.
Career development: Women in Finance Charter
Insurers have been rallying around the Women in Finance Charter as a way of pushing for more women in senior roles.
Motor premiums continue to rise into third quarter
The average comprehensive motor insurance premium has risen by 9% over the last year, according to the Association of British Insurers.
Government releases report to help homeowners prepare for flooding
The government has teamed up with the insurance industry to deliver a report that will help customers better protect their homes and businesses from flooding damage.
Insurers netting extra £1.5bn from monthly motor instalments
Motor insurers are earning an extra £1.5bn a year from motorists paying their premiums on a monthly rather than an annual basis.
ABI sets out plans to reduce motor insurance premiums
Insurers have outlined steps to reduce motor premiums in the wake of a "perfect storm" that has seen prices rise for car owners.
Blog: Whiplash reform requires unified push
The status quo on whiplash claims is detrimental to innocent motorists and the personal injury market needs to speak with one voice to push for reform.
ABI Motor Conference: Live
Live updates from the ABI Motor Conference.
This week: Let downs, whiplash and administration
Sometimes in life people let you down. Maybe they are not as invested as you, maybe they don't have the same energy levels or maybe they were never going to do it in the first place.
Government to outline ‘further plans’ to tackle whiplash
The government will outline new plans for tackling whiplash “in due course”, the Ministry of Justice said.
Whiplash reforms 'have been shelved'
Whiplash reforms have been shelved by the Ministry of Justice, the Association of British Insurers has said.
Claims Club Summit 2016: Access to Justice extends olive branch to insurers
Access to Justice spokesman Craig Budsworth has extended an olive branch to insurers by suggesting that a middle ground can be found over whiplash reform.
Blog: Government must publish whiplash consultation now
The government needs to publish the long-awaited consultation on its proposed reforms to remove general damages for whiplash and raise the small claims track limit to £5000.
Motor premiums have risen by a fifth in the past year
Average UK comprehensive motor premiums have risen £100, or 17.3%, over the past year.
Two-thirds of EU insurance legislation already enshrined in UK law
Two-thirds of European Union legislation that affect the insurance sector are already enshrined in UK law.
Flood Re backing 53,000 policies six months after launch
Flood Re is now backing 53,000 policies just six months after the scheme’s launch.