Association of British Insurers (ABI)
Amanda Blanc and Steve Lewis join ABI board
Top bosses at Axa and RSA have been appointed to the board of the Association of British Insurers.
Expertise from A-Z: Taking stock of the year so far
Six months into 2016, what have been the highs and lows for the insurance industry – and what does the rest of the year have in store?
ABI reassures sector is 'well capitalised' as market volatility continues following Brexit
The Association of British Insurers has attempted to calm fluctuating financial markets following the Brexit vote.
Cyber insurance could be worth billions, ABI claims
The market for cyber insurance could be worth billions in future as companies start to understand the risks, the ABI said.
Automated cars will be the norm by 2050, says Thatcham
By 2050 all drivers in the UK will use fully automated cars, according to Matthew Avery, director of insurance research at Thatcham Research.
ABI has never been more relevant to its members says outgoing chair Paul Evans
The Association of British Insurers has never been “more relevant to its members” and “the work, focus and voice of the ABI is directed by its members, for its members” according to outgoing chairman Paul Evans.
Official fraud stats are ‘spurious’, legal campaigners claim
The claim that fraud adds £50 to the average insurance premium is just “plain wrong”, legal campaigners have claimed.
Norwegian model is not acceptable alternative to EU membership, ABI warns
The UK would suffer if it swapped European Union membership for a ‘Norwegian model’ of equivalence, the director general of the Association of British Insurers has warned.
Zurich, Vnuk and broker commission in the news; new Airmic chair interviewed
Insurance news and Post exclusives of the past week, in case you missed it
More transparency on broker commission ‘could hit small firms hardest’
Forcing brokers to disclose commission rates voluntarily to commercial clients could hit smaller firms hardest, the managing director of Alexander Miller has warned.
Proposed changes to key EU motor directive praised but work continues for industry
The European Commission's third option to change the definition of vehicles in the Motor Insurance Directive is the UK industries preferred option but lobbying by trade bodies needs to continue to ensure this outcome.
ABI warns of changes to broker commission
It is “only a matter of time” before regulators start to make broker commission more transparent, the Association of British Insurers warned today.
Working group launches review of revised rehab code
Industry bodies have begun a review into the revised rehabilitation code, six months after it went live.
Aviva's Andy Briggs to replace Paul Evans as chair of ABI
Andy Briggs, CEO of Aviva UK Life and chairman of Aviva Global Life, has been nominated to take up chair of the Association of British Insurers.
Digital: Snooping in the age of social media
The access that private and public bodies have to our personal data has been a continual point of debate in the electronic age and the current passage through the Houses of Parliament of the Investigatory Powers Bill is a case in point
DWF added to ABI’s associate member list
The Association of British Insurers has added DWF to its associate membership category, the latest in a series of law firms accepted to the new offering.
ABI: 85% of claims from floods caused by storms Desmond, Eva and Frank paid out
More than four out of five claims from the winter floods have been paid, with total damages expected to reach £1.3bn, according to the Association of British Insurers.
Corporations ‘unlikely to support database on cyber attacks’
Establishing a database of cyber attacks on UK corporations for insurers to better assess risks, could be “fraught with practical challenges” experts have warned.
ABI calls for cyber attack database
Insurers should have access to a national database of recorded cyber attacks in order to better provide cover, according to the Association of British Insurers.
ABI appoints four industry ‘big-hitters’ to board
Senior figures from AIG, Zurich, Prudential and Scottish Widows have been appointed to the board of the Association of British Insurers.
Legislative support extended to driverless cars
Autonomous cars have gained legislative backing in the Queen’s Speech today (18 May) as insurers hail the innovation as doing more to save lives than seatbelts.
Europe: Competition law - all over for Iber?
The Insurance Block Exemption Regulation is set to lapse on 31 March 2017, and the European Commission is not looking for a replacement. What will this mean for cooperation and competition?
Average combined buildings and contents home policy remains unchanged in Q1
The cost of the average combined buildings and contents home insurance policy remained unchanged in the first quarter from the same period last year, according to the Association of British Insurer’s latest home insurance premium tracker.
Cyber insurance: Developing knowledge
With the number of cyber crimes increasing, knowledge of attacks is developing enough for cover to be rolled out. What are the options for insurers?