Association of British Insurers (ABI)
ABI pushes Flood Re proposal as SoP extended
The Statement of Principles has been extended by one extra month while discussions over the long term solution for flood risk cover between the insurance industry and government continue.
Biba 2013: ABI, Biba and CILA team up to engage with FCA claims review
The British Insurance Brokers’ Association (Biba), the Association of British Insurers (ABI), the Chartered Institute of Loss Adjusters (CILA), brokers and insurers have started a new claims working group which aims to proactively and positively engage…
ABI: insurers want to offer straightforward services
The Association of British Insurers has said insurers are keen on offering products that are easy to understand and a straightforward claims process.
Interview: Sandy Dunn and Penny Searles: Driving force
With the revival of telematics set to change the face of motor insurance underwriting, Wunelli founder Sandy Dunn and managing director Penny Searles explain why they believe their firm is in the driving seat in this sector.
ABI backs Riot Damages Act review
The Association of British Insurers has come out in favour of the Riot Damages Act review announced today.
Queen’s speech promises mesothelioma bill
The Queen has today said the next parliament will see legislation to provide payments to mesothelioma suffers when no liable employer or insurer can be traced.
Unrated Icelandic insurer’s flood risk venture sparks passporting debate
Broker looks to fill gap left by Statement of Principles indecision
Broking Supplement: Terms of Business Agreements - On our terms
The ABI and Biba got together at last month's Broker Insurer Forum to agree a standard Terms of Business Arrangements template. Post finds out what impact it will have on the industry.
ABI, Biba launch best practice telematics guidance
New guidance for insurers on pay-as-you-drive cover has been released by the Association of British Insurers and the British Insurance Brokers’ Association
Industry and consumers targeted in two-part telematics guide
The Association of British Insurers and the British Insurance Brokers’ Association have teamed up to produce guidance for the industry and consumers on how to get the most out of telematics technology.
Editor's comment: A bit of common sense
Last week, the House of Lords turned back the clock 100 years on employer liabilities for breaches of health and safety duties and passed what has been referred to in its very chambers as an “ugly” part of the Enterprise and Regulatory Reform Bill.
Telematics: Taking the wheel?
Will plans by car manufacturers to fit telematics black boxes to new vehicles see them become major players in the motor insurance sector?
View from the Top: Heading in the wrong direction
The ABI’s plan to reform medical assessments is not the solution to the whiplash problem, says Andrew Pemberton.
Telematics Expo: ABI pre-empts telematics regulation with new guide
Trade bodies can play an important role in the development of the telematics industry, particularly in warding off the threat of regulation, according to Association of British Insurers policy adviser Ben Gaukrodger.
Risk Management: Adapt to survive
Professional buyers and the market that serves them have a shared interest in keeping corporate insurance relevant, yet changing circumstances are threatening its role and value.
Law Society defended in face of petition demanding new leadership
Claimant solicitor bodies acknowledge society is in ‘very difficult position’
UK is 'Europe's whiplash capital' states ABI select committee submission
The Association of British Insurers has published its submission to the Transport Select Committee’s recently closed whiplash inquiry, in which the association labelled the UK as “the whiplash capital of Europe”.
In Series: Personal Lines: First line of defence
Insurers should embrace the power of data to detect and prevent fraud at an early stage.
View from the Top: Protect young drivers now
We need a combative strategy to reduce the risk of catastrophic accidents, says Tom Woolgrove, managing director of personal lines, Direct Line Group.
Swiss Re increases dividend as Francis joins board
Shareholders Swiss Re shareholders have approved an increase in the regular dividend from CHF3.00 to CHF3.50 per share as well as an additional special dividend of CHF4.00 per share.
Insurers refuse to back government plan to extend Statement of Principles
Insurers have declared they are unwilling to green-light a temporary extension to the Statement of Principles unless the government provides “a definite commitment” that a long-term flood risk solution is imminent, after Environment Secretary Owen…
Asbestos: Unclear Future
From differences in compensation eligibility across the UK to legal battles over mesothelioma liability, asbestos-related illnesses are presenting insurers with a range of challenges.
ABI: FCA must develop ‘clear success measures’ and deliver value for money
The Association of British Insurers has called the Financial Conduct Authority to develop “clearer success measures” to ensure the new regulator delivers value for money.
New Act to bring 'peace of mind' for consumers
The Consumer Insurance Act will give “added peace of mind” to customers who will “not be declined if they unknowingly fail to disclose information to their insurer” when buying insurance products, according to the Association of British Insurers.