Association of British Insurers (ABI)
Data protection key as insurers seek to improve online engagement
Insurers have conceded they must overcome concerns regarding data protection breaches if they are to improve online customer service, following a survey that showed the sector is failing to adequately engage with consumers.
Coalition's GI legacy one of progress and 'missed opportunities'
The diffuse mesothelioma payment scheme and Flood Re have been highlighted among the coalition government’s main achievements by industry insiders, with the lack of progress on young driver reforms named as a key disappointment of its five year tenure.
ABI says that cyber insurance to be the norm by 2025
Cyber insurance should become as common a purchase for UK businesses as property insurance within the next 10 years, the Association of British Insurers said today.
ABI urges pet owners to take advantage of growing market
Insurers paid out record amounts in pet insurance feeds in 2014 but large swathes of animal owners are still failing to take advantage of the cover on offer, according to the Association of British Insurers.
ABI tracker sees 2% dip in motor premiums
The average price paid for private comprehensive motor insurance fell 2% from Q4 2014 to £360 in the first quarter of 2015, according to the Association of British Insurers' quarterly premium tracker.
ABI unveils insurance priorities for next government
The Association of British Insurers has published a list of 10 insurance and savings priorities for the next government.
ABI premium tracker shows home rates down 2% in Q1
Home insurance rates continued to fall in the first quarter of 2015 with an average combined building and contents policy now costing 79 pence a day, figures from the Association of British Insurers showed.
Insurers and claimant solicitors partner on fraud initiative
Insurers have teamed up with claimant solicitors to offer a service aimed at preventing fraudulent claims entering the compensation process.
Premium cuts unlikely as flood resilience certificate gains CILA backing
Plans to create a certificate that would allow homeowners to prove their property had undergone adaptations to improve its flood resilience has gained loss adjusting support, however, industry experts are doubtful the concept will trigger rate reductions.
Claims Club: Collaboration during catastrophes vital to protect industry reputation says Biba
Collaboration at times of surge remains a polarising topic, with the industry divided on the extent to which rivals should work in partnership during catastrophic events.
Blog: Challenging ‘substantial injustice' could be the big test of the new fundamental dishonesty clause
Ambiguity around the 'substantial injustice' provision of the Criminal Justice and Courts Act could mean more work for lawyers and insurers
Post Blog: Mind the gap - CII Next Gen Claims Group to report on surge response
In football how often do you see a goal scored – especially after a set play - where the goal keeper and defenders look at each other afterwards and exclaim that the scorer was “not their responsibility”?
Blog: Should we look forward to the mandatory licensing of investigators?
New licensing regulations for third party private investigators aren't so much red tape as strategic defence, says CEGA'S head of special investigations, Simon Cook.
In-house investigators dodge PI regulation amid deadline delay
In-house claims investigators will not be subject to statutory licensing for private eyes, according to the Association of British Insurers, which has expressed concerns that uncertainty around the introduction of PI regulation is “hindering” insurers.
Climate change effects will be ‘alarming', insurers told
The insurance industry has been warned about the "alarming" effects of global climate change will have on their business.
DfT and industry players discuss scope of Vnuk legislation
Industry leaders are working with the Department for Transport to determine if certain vehicle classes should be taken out of European Union legislation that expands the requirement for motor insurance, amid fears of a future claims influx.
Blog: Tackling flood risk now for future generations
Last winter, the misery and devastation suffered by many flooded businesses and homes starkly highlighted the need to improve flood defences to better protect properties for the future.
NCB deadline extension may not be long enough, claims ABI
The Association of British Insurers has questioned whether the Competition and Markets Authority's no claims bonus extension is adequate and described its decision to maintain “rigid and generic” wording on NCB information as “a mistake”.
Motor Claims 2015 - speaker: Huw Evans
Huw Evans is director general of the ABI and leads the organisation's policy work.
Task force enlists ABI and Biba to update application fraud guidance
The Association of British Insurers and the British Insurance Brokers’ Association have agreed to update their guidance on the prevention of application fraud by the end of 2015 after being prompted by the government’s insurance fraud task force.
ABI study examines the behaviour of fraudsters
The Association of British Insurers has published research into what motivates insurance fraudsters.
Blog: A loss adjuster walks into a bar ... looking for a surge solution
Having a pint with a senior member of the loss adjusting fraternity recently, the thorny issue of surge response/management came up again.
Flood campaign urges defence spending boost in Budget
The Association of British Insurers' Flood Free Homes campaign is urging government to increase spending on flood defences and maintenance ahead of the Budget announcement on 18 March.
Blog: Insurance industry fails to give help when it's needed most
Alexander Burgess asks why the insurance industry has failed to offer any solutions to the long-term care funding crisis