Association of British Insurers (ABI)
Spotlight On – Fraud: Building on the foundations
The insurance industry’s approach to fraud has progressed enormously over the past 20 years but there is still more to be done.
Insurers head for cabinet office flooding summit
Chief executives from Aviva, Direct Line Group, Axa, Lloyds Banking Group, Ageas and the Association of British Insurers are set to meet ministers today to brief the government on flood recovery.
One in six households face Flood Re exclusion, claims Hiscox
Hiscox is seeking urgent talks with government ministers ahead of the Water Bill passing through parliament, after claiming one in six households are currently excluded from Flood Re.
2014 'a tipping point' says ABI boss Evans
Huw Evans, deputy director general of the Association of British Insurers, has warned this year will likely be critical to the future of the motor insurance industry.
Post magazine – 13 February 2014
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ABI confident insurers will get behind its personal injury code of conduct
Code aims to combat perception of insurers exploiting PI claims.
ABI remains staunch on Flood Re exclusions stance
Association of British Insurers property head Aidan Kerr has dismissed claims that leasehold properties are excluded from Flood Re because of issues with insurers’ computer systems.
3D Printing: Get ready for the 3D revolution
With 3D printing expected to totally transform manufacturing, what does it mean for the insurance industry?
Fraud focus: Lies, damned lies and statistics
On 23 January the Office for National Statistics released its annual review of crime figures for England and Wales.
BPF urges MPs to support Water Bill amendments
The British Property Federation is urging politicians to support Water Bill amendments being tabled in the House of Lords that would extend affordable flood insurance to excluded groups.
High-net-worth insurers fight Flood Re exclusion of highest council tax bands
Properties in band H will not be covered but insurers still have to pay levy
Insurers told to prepare for ‘seismic’ impact of driverless vehicle technology
ABI set to attend Valentine’s Day government summit on driverless cars.
Editor's comment: A crucial Valentine’s Day date
Autonomous – or driverless – cars are clearly the future.
ABI rejects suggestions mesothelioma payout will increase to 100% over time
Asbestos Victims Support Group Forum attacks exemption U-turn.
Flood losses not expected to arrest premium decline, claims Moody's
Widespread flooding over the Christmas period is unlikely to reverse the decline in property insurance premiums, despite the impact of the adverse weather conditions negatively affecting insurer’s earnings, according to Moody’s.
DfT demands more telematics research before young driver safety green paper
Insurers warn telematics is not a ‘silver bullet’ as long wait for paper continues.
Aon Benfield or Guy Carpenter tipped to take on Flood Re reinsurance role
Scheme’s organisers say summer 2015 implementation target will be met.
Insurance Fraud Register Ready for lift off
First formulated in 2009, the Insurance Fraud Register is finally ready for launch. Will it create a sea change in the way the industry tackles fraud?
Agriculture: Hard times
With a predicted increase in extreme weather events expected to add to the many difficulties already faced by farmers, how can the insurance industry better support the beleaguered sector?
Industry facing £426m bill for Christmas floods
The insurance bill for storm and flood damage over the 2013 Christmas and New Year period will cost the industry around £426m, according to the Association of British Insurers.
Young driver debate welcomed despite lack of progress on green paper
Companies in attendance at a Westminster Hall debate on young driver safety have welcomed the opportunity to engage in a collaborative industry discussion, but questioned the prolonged delay of a green paper on the issue.
ABI’s Evans slams lack of political courage on young drivers
The Association of British Insurers has condemned stalled progress on a government green paper investigating updated rules for young drivers.
Comprehensive motor policy falls by 9% says ABI
The cost of the average private comprehensive motor insurance policy fell by 9% during 2013 compared to 2012, according to the ABI’s new quarterly average private comprehensive motor insurance premium tracker, launched today.
ABI to defend merits of driving curfew at Westminster talks
The Association of British Insurers has reiterated its backing for the introduction of a curfew for young drivers in the face of growing calls from telematics firms for government to scrap the proposed scheme.