Association of British Insurers (ABI)
Frustrated policyholders call for insurers to ‘take responsibility’ after Supreme Court rules many are due payouts
Policyholders and their representatives have called for insurers to “take responsibility” and “immediately start paying claims” in the wake of a bittersweet Supreme Court judgment on disputed coronavirus-related business interruption policies.
ABI refutes suggestions insurers may be ‘profiteering’ in wake of cladding scandal
Following criticism from television personality Jeremy Clarkson and minister Lord Stephen Greenhalgh, the Association of British Insurers told Post it refutes suggestions its members may be “profiteering” from the cladding and fire safety scandal.
Blog: Should we return to a standard BI policy wording?
The Covid-19 pandemic has highlighted a split between what policyholders expect from business interruption cover and what insurers say it offers. Damian Glynn, Sedgwick International UK head of financial risks, asks whether customers are ensnared in a…
Briefing: Has the MOJ bitten off more than it can chew with whiplash reforms?
Perhaps the only surprise about today’s delay to part one of the Civil Liability Act (2018) whiplash reforms is that they are only being put back one month.
Whiplash reforms pushed back to May
Whiplash reforms have been pushed back to May, Lord Chancellor and Secretary of State for Justice Robert Buckland confirmed today.
Former Lib Dem leader brands insurer Covid BI claims handling 'deeply depressing'
Former Liberal Democrat leader Tim Farron has called the conduct of insurers during the coronavirus pandemic “deeply depressing” and urged the Chancellor of the Exchequer to “take steps to protect insurance customers from the actions of insurers”.
Penny Black's Social World: January 2021
Charity counts, commitments and cups of coffee
Credit insurers warn of insolvency surge later this year as government extends trade credit scheme
The UK government-backed trade credit reinsurance scheme to guarantee up to £10bn of business-to-business transactions has been extended to run for the first half of 2021.
Preview: What will 2021 bring?
Post spoke to insurers, brokers and claims professionals to get their predictions for what 2021 will look like.
Review of the Year 2020 – Insurers
Post spoke to insurers to get their thoughts on the highs and lows of 2020
Trade Voice: ABI’s James Dalton on the opportunities to reset the GI dial in 2021
James Dalton, director of general insurance policy at the Association of British Insurers, previews a packed 2021 agenda that could shape the future of the industry for years to come as it emerges from Covid-19’s long shadow.
Stock losses caused by Covid freight delays likely to be excluded from insurance policies
Damage to and deterioration of stock as a result of the ban on manned freight between France and the UK is unlikely to be covered by insurance, industry representatives have confirmed.
For the record: The week in deals featuring Aviva, Brit, Cazoo, CFC, Co-op Insurance and GRP
Post wraps up the major insurance deals, launches and investments of the week
Brexit: Looking forward, looking back
With the Brexit transition period ending on 31 December, Post asked insurance trade bodies and associations about the biggest challenges and changes for the market.
Penny Black's Social World: December 2020
Christmas donations, flooding and Remembrance Day
Former Sabre chairman Keith Morris OBE wins Achievement Award at 2020 British Insurance Awards
Former Sabre chairman Keith Morris OBE added his name to the roll call of Achievement Award winners in 2020. Jonathan Swift caught up with his colleagues and listened to what he had to say as he picked up the prize, as well reflecting on the other…
Gap insurance fraud uptick predicted as recession kicks in
Financial pressures caused by Covid-19 could lead to an increase in guaranteed asset protection insurance fraud, with some insurers already seeing worrying signs, experts have cautioned.
ABI refutes claims that non-essential travel will invalidate car insurance
Drivers who use their vehicles for non-essential travel under lockdown will not risk invalidating their motor insurance, the Association of British Insurers has told Post in response to national press reports.
Fully Comp episode 6: How can the insurance industry better support vulnerable customers to tackle mental health inclusivity?
Welcome to episode six of Fully Comp, Insurance Post’s new video series tackling some of the biggest issues in insurance.
Amanda Blanc-led review finds flood cover dearth
A flood insurance review led by Aviva CEO Amanda Blanc has found that a significant proportion of households eligible for Flood Re supported policies are not offered flood cover.
Penny Black's Social World: November 2020
Mental health, young drivers and charitable donations.
BI reputation hit to be felt by all but motor initiatives could soften impact, says ABI GI head
Reputational damage from Covid-19 can be expected across all lines of insurance, but initiatives introduced by motor insurers at the beginning of the year could soften the blow, an Association of British Insurers representative has suggested.
Insurers criticised for furlough payment deductions from BI claims
Insurers have been accused of “banking government money to reduce their loss by increasing the policyholder loss” as they faced criticism for deducting furlough payments from the value of business interruption claims.
Ageas’ Ant Middle on social responsibility
While the pandemic has brought heartache in so many forms, it has also ignited real positivity through the ways people have supported one another like never before, says Ant Middle CEO of Ageas UK.