Association of British Insurers (ABI)
Post Blog: What would George Foreman do?
Would you endorse me? Just put your name next to mine. Would you say that you approve of me, and that I’m the type of chap you feel comfortable recommending to the whole wide world?
FCA to publish whistleblowing guide
Financial Conduct Authority chief executive Martin Wheatley has confirmed the watchdog will be publishing a guide to whistleblowing but has dismissed claims it is part of the regulator's thematic projects.
Paymentshield's McCafferty appointed Flood Re boss
Paymentshield commercial director Brendan McCafferty has been appointed Flood Re chief executive and will take up the role in Q4 2014.
Brokers warn over impact of renewal transparency plans on direct insurers
ABI sends FCA letter asking it to enforce minimum standards of information
Treasury minister Morgan handed education remit
Nicky Morgan has been handed a new role as secretary of state for education just over three months after being named as replacing Sajid Javid.
Trade bodies agree to further Flood Re exclusions talks
The Association of British Insurers and the British Insurance Brokers' Association have agreed to ongoing discussions around customers excluded from Flood Re.
Aggregators call for tougher measures on automatic renewals
Aggregators have welcomed the Association of British Insurers' proposals to improve clarity around policy renewals, announced today, but say the measures should be taken further to address insurers automatically renewing policies.
Watchdog welcomes ABI's proposals on renewals
The Financial Conduct Authority has called for businesses to improve the way they offer motor and home insurance policy renewals while it considers proposals from the Association of British Insurers to boost clarity in that area.
ABI seeking better clarity for customers on renewals
The Association of British Insurers is asking the Financial Conduct Authority to regulate on a minimum standard of information for companies to give customers when renewing their motor or home insurance policy.
Brokers and insurers hit with 3.2% FCA levy hikes
Both general insurers and brokers will have their fees to the Financial Conduct Authority hiked for the next financial year.
Editor's comment: Misguided? That’s putting it lightly
Underinsurance is a huge issue for the whole of the insurance sector and an ongoing battle for brokers, while putting the customer at the heart of every decision is becoming a mantra for the Financial Conduct Authority.
Brokers expected to prove worth after cut to minimum level of solicitors’ PI
ABI criticises SRA’s ‘misguided idea’ that reduction will lower premiums
Insurers maintain opposition to young driver curfews despite public backing
Sources suggest long-delayed green paper on young driver safety could be revived
Banning pre‑med whiplash settlements is not cost-effective, insurers tell TSC
Insurers refute Mass claim that pre-med settlements invite fraud
Career development: CII promotes ‘speaking up’ with new whistleblowing guide
The Chartered Insurance Institute has launched a ‘speaking up’ guide on whistleblowing as part of its ongoing ethical guidance series.
Biba to formulate guidance on sharing economy
The British Insurance Brokers' Association is to put together guidance on insuring risks for asset-sharing companies following a meeting between industry and government yesterday.
Permanent Flood Re CEO to be named this week
Flood Re Limited will this week unveil a permanent chief executive ahead of the release of a consultation addressing the final scope of the scheme.
Insurers critical of TSC medical report proposal
The industry has slammed a Transport Select Committee proposal to prohibit personal injury claims being settled without a medical report with one insurer calling the suggestion “out of touch”.
Insurers seek clarity over tangible returns from infrastructure investment
ABI looks to secure 20-year investment partnership with government
Axa UK CEO Evans nominated as ABI chairman
Axa UK group chief executive Paul Evans has been nominated to replace Tidjane Thiam of Prudential as chairman of the Association of British Insurers.
Industry and government to meet on sharing society insurance solution
Insurance industry representatives are to meet with government and asset-sharing companies next month to discuss insurance solutions for people who share their homes and vehicles.
UN Secretary General asks insurers to expand infrastructure investment
The Secretary General of the United Nations has called on the insurance sector to expand its investments into infrastructure, with a particular focus on disaster resilient projects.
Flood Re excluded parties given hope as government and industry bodies meet
Defra conducting research into issues faced by SMEs and leasehold properties
Government to reform laws on London short-term letting
Research from Direct Line's select premier insurance shows London homeowners could earn an average of £116 per room once legislative changes making short-term letting easier come into force.