Association of British Insurers (ABI)
In series - first-party fraud: banging the drum
The industry is slowly changing public perceptions that insurance fraud is a victimless crime. Jane Bernstein looks at recent initiatives and asks what more the market can do in terms of prevention?
Lawyers welcome joint RTA Portal funding proposals
Lawyers on both sides of the personal injury fence have welcomed proposals for the financial upkeep of the Ministry of Justice-supported road traffic accident portal to be shared.
In series - first-party fraud: would they lie to you?
Third-party claims fraud may make all the headlines but insurers are increasingly targeting customers who seek to abuse the applications process. Jane Bernstein investigates.
Claims Club news: Expansion plans slowdown urged
The Ministry of Justice must not act hastily to extend the RTA Portal to liability cases, Tim Wallis, its independent chairman warned.
Post history - 10 years ago: ABI TV ad campaign considered
Looking through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this article from 10 years ago reveals.
IDSL adopts managed services model
Insurance Database Services Ltd has entered into an agreement with Motor Insurers’ Bureau Management Services for the provision of infrastructure and management services.
Confusion over Solvency II as FSA revises model plans
Solvency II experts have voiced concerns over the uncertainty surrounding the incoming European Union legislation, after the Financial Services Authority revealed revised plans for its handling of internal model applications.
CIE scheme campaign set for May launch
The Continuous Insurance Enforcement scheme is set to be jointly launched by the Association of British Insurers and Motor Insurers' Bureau next month.
Solicitors' PI heading for crisis in capacity
The solicitors' professional indemnity market could face a capacity crisis following controversial plans to retain the assigned risks pool until 2013, the insurance industry has warned.
Broker Assistance creates non-fault matrix
Broker Assistance is creating a non-fault claims database that aims to allow up to 100% third-party capture.
Insurers facing £38.6m ARP cash call
Solicitor’s professional indemnity qualifying insurers will have to pay £38.6m to fund the assigned risks pool this year.
Law Society supports SRA PI plans
The Law Society has backed plans by the Solicitors Regulatory Authority to scrap the Assigned Risks Pool in October 2013.
ABI: Solicitors PI revamp a “missed opportunity”
The Association of British Insurers has criticised the Solicitors Regulation Authority’s plans to overhaul the assigned risks pool.
ABI issues regulatory overlap warning
The Association of British Insurers has warned that the new financial regulatory authorities could lead to dual regulation for its members.
Is insurer collaboration on non-fault claims the answer to referral fees debate?
Motor insurers who handle non-fault claims collectively can remove frictional costs including referral fees from the claims process, according to experts.
Motor: real time pricing
Intermediaries remain a significant distributor of motor insurance but, if profitability is to be secured, Laurence Walker says new underwriting models must be embraced.
Comment - gender ruling: the price of equality
The ECJ ruling banning gender-based premiums may have thrown insurers into a spin but, as Mary Honeyball explains, it was the right thing to do.
Motor price hikes forcing drivers to withhold info
Sharp rises in motor insurance premiums are prompting more drivers to withhold information, as rising costs make insurance unaffordable for some, the AA has warned.
ABI calls for referral fee ban
The Association of British Insurers has called for a ban on referral fees after AA research revealed that the average cost of motor insurance premiums has risen 40% in the last year.
Editor's comment: keeping the buzz alive
After the initial buzz of excitement swarmed round the industry at the prospect of an insurer-funded dedicated police unit to combat fraud, all has gone strangely quiet. Fair enough, the Association of British Insurers did stress that its discussions…
Disease claims - ELTO: location, location, location
Difficulties inherent in identifying the relevant insurer in a long-tail disease claim led to the creation of the Employers' Liability Tracing Office. Anne Griffiths and Alan Hunter explain what is needed to make it work.
Postbox: industry needs government help on fraud
The landmark civil judgment in the case of Israr Hussain Shah, as reported in Post over the past fortnight, highlights a worrying issue for the industry.
Aggregators join ABI and Biba in fraud fight
Aggregators have joined forces with the Association of British Insurers and British Insurance Brokers' Association to publish new guidance on online application fraud.
Aggregators join ABI and Biba in fraud fight - Insurance News Now – 7 April 2011
Post reporter Amy Ellis outlines this week's major general insurance stories including how aggregators have teamed up with the Association of British Insurers and the British Insurance Brokers’ Association in a bid to fight fraud.