Association of British Insurers (ABI)
Crawford fraud boss pinpoints social media as ideal weapon
Crawford & Company vice president of counter-fraud solutions Bobby Gracey has highlighted social networking websites as a new weapon that insurance companies can use to combat fraud.
Budget 2011: Budget offers “dual route for growth”
Responding to today’s Budget, Maggie Craig, acting director general of the Association of British Insurers, said that it offers a dual route for growth – boosting long-term investment and securing a competitive UK tax regime.
Risk report attacks industry failures
The insurance industry's failure to make significant changes to the "deficient" commercial lines sector has been "wholly unacceptable", according to research firm Mactavish.
Select committee under fire over referral disclosure plans
Motor insurers have hit back at government proposals forcing the industry to disclose details of their referral fee arrangements.
Editor's comment: Out of step with reality?
Just before the devastating events began to unfold in Japan last week, the UK insurance market found itself vexed by the Transport Select Committee's report into the rising cost of motor insurance.
Deadline fears raised over Solvency II implementation
Concerns over increasingly tight deadlines in the run-up to the implementation of Solvency II have been raised on behalf of the insurance industry following publication of the European regulator's fifth quantitative impact study.
Lord Myners raises gender question
The European Court of Justice ruling on gender has again been raised in Parliament.
ABI launches SII modelling guidelines
The Association of British Insurers has published guidelines to help insurers understand the Solvency II internal model approval process.
Dedicated insurance police force mooted
The Association of British Insurers general insurance council will debate the setting up of a dedicated police unit aimed at tackling insurance fraud at its next meeting on Thursday 17 March, Post has learnt.
ABI: transport committee motor insurance report is a "missed opportunity"
The Association of British Insurers has accused the transport select committee of "choosing to ignore” vital evidence provided by the insurance industry into the cost of motor premiums.
Professional indemnity - legal services shake up: a plethora of problems for solcitors?
With the legal services industry set for a structural shake-up, Mike Willis and Lindsay Bowskill consider the impact on its insurers.
Disease claims: amendments to the pre-action protocol for disease
Recent amendments to the pre-action protocol for disease and illness claims underline that the claims process is a genuine two-way street. Ian Macalister details the encouraging changes.
New ABI DG to focus on consumer issues
The Association of British Insurers’ new director general has pledged to put consumer issues across general insurance and life & pensions at the centre of the organisation’s strategy.
Editor’s comment: two new faces to watch
With Google this week snapping up beat that Quote for a little under £40m, and web design firm Vast Visibility simultaneously buying two specialist bike and van price comparison sites, aggregators are very much the insurance ‘buy du jour’.
Aviva takes minority stake in HCML – Insurance News Now – 9 March 2011
Post reporter Amy Ellis outlines this week’s major general insurance stories including Aviva Health’s “significant” investment to secure a minority shareholding in rehabilitation firm HCML.
ABI names new director general
The Association of British Insurers has appointed Otto Thoresen its new director general.
Biba to take FSCS fight to the House of Commons
The British Insurance Brokers' Association, the Association of Independent Financial Advisers and the Association of British Insurers are set to discuss Financial Services Compensation Scheme levies at the House of Commons next week.
Career development & CSR: Davies report pushes for increase in female directors
Lord Davies’ report Women on boards has recommended that FTSE-100 companies increase their proportion of female board directors to 25% by 2015.
ECJ gender ban is “disappointing”
The decision by the European Court of Justice to ban the use of gender in insurance policies from December 2012 is disappointing news according to the Association of British Insurers.
Insurers urged to join ELTO following FSA regulations
The Employers’ Liability Tracing Office has urged insures to sign up as members to the body in the face of new Financial Services Authority regulation.
No huge rehab code changes
The Association of British Insurers and the International Underwriting Association have ruled out making sweeping changes to the rehabilitation code, after current guidelines received "huge support" from the industry.
No-claims household insurance discount considered by Axa
Axa is considering awarding no-claims discounts to household insurance customers to encourage them to take more responsibility for preventing weather-related losses and improve its book's profile.
Minister admits insurers were right
Government plans to cut motor insurance fraud by allowing underwriters access to DVLA records are unlikely to be implemented until mid-2012, road safety minister Mike Penning MP has admitted.
News analysis - regulation: Questions over reform
The latest consultation paper over regulation reform has left many questions unanswered. Amy Ellis talks to industry figures to find out more.