ABI calls for end to compensation culture

Otto Thoresen

The trade body, which said that the number of personal injury claims received by insurers leapt 72% between 2002 and 2010, added that the UK's "broken" compensation system heaped costs onto consumers, taxpayers and businesses with the NHS alone paying out £257m in lawyers' fees in 2010 to 2011.

It argued Canada, Australia, Germany and Ireland had acted to reform their compensation systems with the cost of motor insurance falling by 16% in Ireland following reform. The ABI also said that in

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: