Association of British Insurers (ABI)
ABI calls for more investment in flood defences
The Association of British Insurers has called on the government to invest further in flood defences.
SMEs and charities to be excluded from flood legislation
Small and medium sized enterprises are not to be included in Flood Re legislation, the government has announced.
ABI GI boss Evans urges insurers to prepare for future challenges
Insurers should start preparing for future challenges impacting their business in the face of regulatory changes and an increased focus on digital, the Association of British Insurers’ policy director and deputy director general has said.
Industry bodies join forces to warn public about threat of ghost brokers
ABI, Ifed and IFB work with Crimestoppers in campaign targeting young male drivers.
Insurers hope for strike-out legislation after consultation on Summers review
Only two of 18 parties voice opposition to review in Law Commission consultation.
Comment: My Licence will benefit all parties
Project aims to reduce costs for insurers, speed up underwriting and ultimately bring down motor premiums.
Motor market urged to get on-board with My Licence
The Association of British Insurers is calling on the motor insurance market to sign up to My Licence to reduce fraud and improve policy applications.
Your say: Getting campaigning right
If the Association of British Insurers are now seriously considering a publicity campaign to change the hearts and minds of the public and alter the commonly held view that insurance fraud is a victimless crime, then this must, in my opinion, be…
Tech company warns of ‘wilful blindness’ liability in ignoring telematics data
Businesses failing to correctly use their telematics systems to monitor and act upon drivers’ behaviour could be leaving themselves exposed to costly legal action in future, according to technology provider In-Car Cleverness.
Insurers dismiss MP’s fear that medical panels could become their ‘captives’
Pre-medical offers remain a fraud concern for Apil.
Fraud Conference 2013: ABI considers anti-fraud advertising campaign to drive message home
The Association of British Insurers may consider advertising in the national media to tackle public perception of insurance fraud, its head of property fraud and specialist lines Aidan Kerr has said.
Riot Damages Act recommendations could lead to improved underwriting
Recommendations in the independent review of the Riot (Damages) Act 1886 could be a blessing in disguise for insurers according to industry insiders.
ABI calls for collaborative approach to SCT limit reforms
The Association of British Insurers has called parties interested in Small Claims Track reforms to “put aside petty name calling” and work together.
ABI concerned over Riot Act restrictions on insurer recoveries
The Association of British Insurers has raised concerns about the restrictions on insurer recoveries contained in the independent review of the Riot (Damages) Act 1886, published today.
ABI predicts St Jude storm to cost insurers £130m
The Association of British Insurers is estimating insurers will have to pay out £130m to policyholders following last week’s St Jude storm.
IFR promised in ‘weeks not months’ but delay continues to frustrate
Davies cites importance of a foolproof platform as reason for IFR not being ready.
Penny Black's Insurance Week - 7 November 2013
Penny had a chuckle this week when MP Sajid Javid compared long-awaited regulatory package Solvency II with The Godfather trilogy.
Insurers to pay out £130m for St Jude storm losses
The Association of British Insurers has revealed the industry is expected to pay out £130m to customers hit by St Jude’s day storm.
Pet Insurance: Paws for thought
The cost of pet insurance claims has skyrocketed in the past five years, prompting some insurers to withdraw from the sector altogether. How can those that remain respond to the difficult market conditions?
Failure to reach Solvency II equivalence deal could harm UK
Failure to adequately resolve the issue of equivalence under Solvency II could harm British interests, according to speakers at the Association of British Insurers’ solvency II conference.
GI sector fears ABI restructure will push its issues down the pecking order
General Insurance will merge with life and pensions and be led by Huw Evans.
Editors comment: Trick or treat?
Aviva has done it this year, as has QBE, while brokers such as Towergate have got in on the act too – but now it seems it’s the trade bodies’ turn to follow suit.
Opportunistic Fraud: Zero tolerance
With opportunistic fraud attracting little public attention compared with large-scale organised fraud, the insurance sector is battling to change attitudes to such crime and develop methods to catch its perpetrators.
Des Hudson slams ABI for lack of cooperation on fraud fight
Law Society’s chairman Des Hudson has criticised the Association of British Insurers for its “lack of cooperation” in the fight against fraud.