Association of British Insurers (ABI)
ABI biennial conference: ABI launches 10-point plan
Otto Thoresen, director general of the ABI, has unveiled a 10-point plan aimed at boosting "good customer experience and profitable growth".
ABI welcomes FSA aggregator guidance
The ABI has responded to the publication of the Financial Services Authority’s proposed guidance to comparison sites.
Insurers in line for a £4.8bn windfall from referral fees
Motor insurers stand to pocket billions in extra income a year if a recommendation to retain referral fees is acted on, a leading personal injury lawyer has claimed.
LSB referral fee advice slammed as 'mistaken'
The Ministry of Justice has been urged to disregard the "mistaken" advice of the Legal Services Board and ban referral fees, as lawyers and insurers joined forces to criticise the decision.
Editor's comment: Passing the hot potato
And so the buck gets passed once more. Another week, another non-decision on referral fees. This week it was the turn of the Legal Services Board to fight shy of a ban, deferring future responsibility for dealing with this questionable practice to…
Property claims: UK businesses have failed to respond to roof collapse threat
The severity of the winter 2010 cold snap exposed a lack of preparedness by UK businesses, according to Huw Chandler, property risk engineering practice leader at XL Insurance.
Commercial property - Sprinklers: A burning issue
The safety and business benefits of sprinkler systems are undeniable — yet many commercial buildings remain unprotected. David Townsend urges insurers to continue to lead the calls for mandatory inclusion.
Property claims: Sustainable claims cost fears allayed by scheme
The insurance industry is set to introduce a new sustainability scheme, measuring the carbon output of the claims process.
Exercise Watermark set for insurer-specific rerun
The Association of British Insurers has confirmed Exercise Watermark, the government's emergency flood scenario run nationwide in March, will be re-enacted specifically for the insurance industry in August, in conjunction with the Cabinet Office.
Exercise Watermark set for insurer-specific rerun - Insurance News Now – 2 June 2011
Post senior reporter Amy Ellis outlines this week's major general insurance stories including confirmation from the Association of British Insurers that the government’s emergency flood scenario will be re-enacted specifically for the insurance industry…
LSB referral fee plans criticised
The Legal Services Board's recommendation to retain referral fees has been criticised by lawyers and insurers.
Post history - 20 year ago: No panic over London HIV results
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 20 years ago reveals.
Claims Club dinner & awards 2011
Jonathan Swift, chairman of the judging panel and Post's editor-in-chief, welcomed guests to the 2011 Claims Club annual dinner at Grand Connaught Rooms, London by praising the hard work that the claims industry does and explained that in aiming to…
Insurers rail against solicitors' PI burden
The insurance market should not bear the burden of "regulating the solicitors' profession" due to insufficient regulatory intervention, the Association of British Insurers has warned.
Penny Black's insurance week
Still fresh in the mind, this month's Biba conference was awash with the usual rumours that started on stands and, by the second night, were sworn gospel.
Uninsured driving adverts hailed by MPs and industry
MPs and industry figures have welcomed a new television campaign to remind people of the dangers of uninsured driving.
UK hailed as whiplash capital of Europe
The Association of British Insurers has today called for a clampdown on the UK’s "pain in the neck culture" that it says has made the UK the whiplash capital of Europe.
Postbox: Backing reforms was not taken lightly
Your leader of last week 'Are some more equal?', coupled with the comments reported from Elite Insurance over the ABI's support for the recommendations of the Jackson Review, highlights the delicate balance a trade body needs to strike between…
Consumer insurance reforms will make it harder to turn down claims
The first changes to consumer insurance legislation in more than a century will prevent insurers from "hiding behind" unrelated errors to avoid paying claims.
Damage management - Surge: Surging ahead
Recent surge events have shown insurers are getting better at coping with large numbers of claims but there is still room for improvement. Sam Barrett finds out what could make a crucial difference the next time an extreme event occurs.
Biba 2011: Trade bodies must work together, says Homer
Insurance industry trade bodies need to join forces to solve the problems surrounding the handling of client money, according to Towergate's Andy Homer.
Editor's comment: are some more equal?
Tales of the unexpected it is not, but the level of animosity now being directed by legal expenses insurers towards their supposedly protective big brother — that's to say, the Association of British Insurers — may have taken some by surprise.
Rehabilitation: Embedding rehabilitation
Rehabilitation is now widely accepted by UK motor insurers, but its record continues to be mixed on implementation. Mark Baylis urges firms to consider the wider context of rehabilitation if further progress is going to be made.