Association of British Insurers (ABI)
Insurers fight back against riot response 'spin' claims
The Association of British Insurers has hit back at the London Assembly's "disappointing" and "meaningless" report on insurers' handling of last year's riots, arguing that it fails fully to understand the complexities of the claims handling process.
Post Claims Club chairman's monthly missive: Grease, avocets and penguins
Given the time of year, surge plans are at the forefront of claims professionals' minds. However, baby names have been at the top of my agenda.
London Assembly slams insurers for 'slow' settlement of riot claims
The London Assembly has criticised insurers for being "too slow" to settle claims from last year's riots and has urged them to publish average settlement times for future major events.
Post Blog: Clinical conflicts
How can the negative role of medical experts in the whiplash epidemic be tackled? Dr David Pearce explains.
Your say: Take advantage of telematics
Telematics allows the premium to be priced fairly and young drivers to monitor their progress, says Linden Holliday.
Lloyd's syndicates queue up to use IFED services
At least nine Lloyd's syndicates are understood to be in talks with the Association of British Insurers and the Insurance Fraud Enforcement Department with a view to using the service.
Marsh backing Project Noah despite rival Aon joining flood insurance race
Aon Benfield's decision to unveil a reinsurance-based flood risk solution has sparked a bullish response from rival Marsh's top flood specialist, who claimed that the launch of his firm's Project Noah proposal is imminent.
Spotlight on Economy and Society: Run for cover
Underinsurance is an on-going issue for the industry and, without a concerted effort to tackle the problem, the effects of the financial storms may continue to strike.
Spotlight on Economy and Society: Insurance to the rescue
From the development of new technology to innovations in micro insurance, the insurance industry can play a major part in stimulating global economic growth.
Interview: Kevin Wood - creating a silver lining
Taking over the reins at the Chartered Institute of Loss Adjusters just as Merlin went into administration, Kevin Wood is determined to continue the trade body's promising work.
ABI hits back at Apil "sniping" at industry efforts on historic policy tracing
The Association of British Insurers has accused the Association of Personal Injury Lawyers of "sniping from the side-lines" in the insurance industry's efforts to help trace historic employers' liability policies.
UK regulator allows more time for Solvency II implementation
The Financial Services Authority has given insurers more time to get ready for Solvency II, anticipating that disagreements over the final rules could delay its introduction by two years.
Household premiums rise following summer washout
Average insurance quotes for home buildings and contents cover have risen following heavy rain and flooding in the summer, according to the AA's latest insurance premium index.
Fraud 2012: IFED courts Lloyd's players
Nine Lloyd's syndicates are in talks with the Association of British Insurers with a view to signing up to use the Insurance Fraud Enforcement Department.
Your say: Flood clarity is a priority
Aidan Kerr answers accusations that the ABI is failing to "nail its colours to the mast" over a replacement for the Statement of Principles.
Legal experts call for transparency following revised Simmons judgment
Legal experts are calling for more clarity in the implementation of government reforms, stating that "lessons must be learnt" following the Court of Appeal's revised judgment in the Simmons v Castle case.
Claims Event: Ecclesiastical calls for metal theft action
Ecclesiastical's technical claims consultant has called for insurers and the Association of British Insurers, as well as clients and government, to step up their collective efforts in tackling metal theft.
Claims Event: ABI admits final riot claims may end up in court
The Association of British Insurers has confirmed that it is embroiled in meetings with police in a bid to conclude outstanding riot claims, and conceded that some cases may end up in court.
Aon to rival Marsh's Project Noah to fill SoP flood insurance gap
Aon Benfield has become the latest company to offer a potential solution to fill the flood insurance gap left by the expiration of the Statement of Principles in June 2013.
ABI welcomes consumer-led FCA approach
The Association of British Insurers has backed Financial Conduct Authority boss Martin Wheatley's plans for consumer-focused regulation.
Putting the brakes on European motor fraud
Motor insurance fraud ranges from uninsured driving, to cash-for-crash scams and exaggerated personal injury claims. Anne-Louise Fogtmann investigates what European insurers are doing to tackle the problem.
Industry fears homeowner panic as flood agreement expiration approaches
Brokers in high flood-risk areas have accused the Association of British Insurers of failing to "nail its colours to the mast" amid growing concern over the lack of a long-term replacement for the Statement of Principles.
Post magazine - 11 October 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Allianz casualty boss wants MoJ fixed fee clarification
Allianz has become one the first major insurers to comment on the Court of Appeal's decision to revise the judgment made following the Simmons v Castle case relating to a damages uplift.