Association of British Insurers (ABI)
Escape of water claims hit £2m daily
According to Cadogan Keelan Westall a quarter of claims made on flats are for damage caused by escape of water.
ABI Motor 2011: Insurers sign up to tyre scheme
Major motor insurers Axa, Aviva, Direct Line and RSA are among more than 50 companies that have agreed not to charge an additional premium to policyholders fitting winter tyres.
ABI Motor 2011: Thoresen outlines five key priorities
Otto Thoresen, ABI director general has outlined the tough measures that form part of its strategy to deliver a better motor insurance deal to customers.
ABI Motor 2011: “Tough love” proposals to cut young driver accidents
The Association of British Insurers has set out radical proposals to cut the high level of deaths and serious injuries involving young drivers.
ABI Motor 2011: Cheaper ‘work journeys only’ car insurance proposed
Speaking at the Association of British Insurers Motor Insurance Conference tomorrow, John Woodcock, MP, Labour's shadow transport minister will propose that unemployed young people should be offered the choice of cheaper "work journeys only" car…
Insurers unite on winter tyres
The Association of British Insurers is set to unveil a list of major motor players that have agreed not to charge an additional premium to policyholders for the fitting of winter tyres.
Tottenham MP blasts insurer response to riots
Zurich has been forced to defend its alleged “woeful” response to the riots as small businesses fail to “fully understand” how to claim government funding.
Fraud: On the side of the angels
When investigating claims fraud, insurers must not overstep the mark and remain transparent, empathic and ethical.
Zurich launches ‘5 point plan’ for extreme weather
Nearly two thirds of British businesses suffered disruption to their supply chain because of last winter’s bad weather.
HCML launches joint working group
Health & Case Management is set to launch a joint working group of medical experts.
Penny Black’s insurance week
Penny was impressed to learn Zurich’s commercial broking team is gearing up for a 1000-mile charity bike ride from Land’s End to John O’Groats.
ABI to collate members' views on Solvency II consultation
The Association of British Insurers has begun the task of compiling the views of its members following the European Insurance and Occupational Pensions Authority’s decision to launch a Solvency II consultation.
Post and features editor Leigh Jackson scoop prestigious awards
Post Magazine was acclaimed again at the 2011 Association of British Insurers Financial Media Awards.
News analysis: Is data mining a major factor in the PI claims spike?
The debate over referral fees has had more press time recently than whether The X Factor is on the wane or not. And just like the blow-by-blow tabloid accounts of the TV show, its judges and its contestants, the insurance industry is starting to get…
L&G: escape of water claims cost £730m
The L&G (Legal & General) ‘stop the drop’ campaign has underlined the fact that house insurance claims from an escape of water damage in UK homes cost the insurance industry £730m - almost double the £370m cost of burglary claims over the same period.
Your say: Tackling fire remains a priority
You are right to think that both this government and the last have not been receptive to arguments by the insurance industry and sprinkler lobby pressing for a more widespread fitting of sprinkler systems.
News analysis: IFB’s three-year strategy wins financial backing from insurers
The Insurance Fraud Bureau is to more than double in size in its crackdown on professional enablers.
Fraud event: Top London cop in tune with fraud fears
City of London Police Commander Ian Dyson has admitted that if the insurance industry had not stumped up the cash for the new dedicated counter-fraud unit, it would not have been formed. He also empathised with insurers’ fears that funding the unit could…
ABI mulls development of no-claims discount register
The Association of British Insurers is considering setting up a no-claims discount register in the wake of the creation of the industry’s Insurance Fraud Register.
Rating factors - Age: Age-old dilemma
After losing the battle to use gender as a rating factor, could the insurance industry be facing a new threat as age falls under the spotlight?
MoJ reaffirms ban on referral fees
Justice Secretary Kenneth Clarke has announced that the banning of referral fees will be debated in the House of Common next week and, if passed by vote, will be added to Legal Aid, Sentencing and Punishment of Offenders Bill which is currently…
Thai flood losses set to escalate - Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including feelings of a “whiff of Katrina” among loss adjusters about the Thailand floods that have already inundated two industrial estates in Bangkok - affecting…
ABI helps tackle insurance application form fraud
On 27 October the Association of British Insurers will publish industry guidance to help insurers, brokers and comparison websites better identify insurance application form fraud.