Association of British Insurers (ABI)
At least one ghost broking network uncovered every day
The Insurance Fraud Bureau has launched a national campaign after 596 suspected ghost broking networks were identified between October 2025 and September 2026.
People Moves: 28 September – 2 October 2026
Stay in the loop with the latest insurance personnel moves.
Blog: Brokers to lead in home insurance as subsidence impact rises
Brokers are ideally placed to lead the home insurance charge as the risk of subsidence becomes all too frequent.
ABI data reveals average subsidence claim hits record £20,000
New figures from the Association of British Insurers’ latest Property Insurance Tracker show home insurers paid out £72m for domestic subsidence claims during the second quarter of 2026, with the average subsidence claim reaching a record £20,000.
Motor insurance payouts hit record £3.2bn in Q2
Insurers paid out a record £3.2bn to support motor insurance customers in Q2 2026, according to the latest data from the Association of British Insurers.
Home insurance premiums tick down in Q1 – ABI
Household property premiums fell in the first quarter of the year, the fourth drop in a row according to the Association of British Insurers.
Motor premiums remained stable in Q1 – ABI
The average motor premium held steady in the first quarter of 2026 at £560, just 0.2% up on Q4 2025, the Association of British Insurers has calculated.
Enquiries to Flood Insurance Directory surge 50% in two years
The Flood Insurance Directory has supported 35,000 households in flood-prone areas access suitable insurance since it was launched four years ago.
New event launched to celebrate London as global insurance centre
A new UK insurance event, London Risk Week, has been launched to celebrate the English capital “as a centre of risk transfer and showcase its expertise and experience”.
Property insurance payouts hit record £6.1bn in 2025 – ABI
Insurers paid out £6.1bn in property claims in 2025, the highest annual total on record, according to the Association of British Insurers.
Motor claims hit £11.9bn in 2025
Motor insurers paid out £11.9bn in claims last year, according to data from the Association of British Insurers.
Markel boss Mooney warns SMEs are 'consciously' choosing to underinsure
Experts have called on greater education around renewals and the true value of insurance as underinsurance has started to become a conscious decision for SMEs.
Customer empowerment levels rising, says Aviva’s Storah
Aviva has seen an “increasing level of empowerment” among customers as the usage of artificial intelligence for research rises, according to Jason Storah, CEO of GI at the insurer.
FCA calls on insurance companies to “engage early and often”
There are no new market wide interventions needed to drive positive progress, according to Sarah Pritchard, deputy CEO at the Financial Conduct Authority, as she called on the industry to engage.
IPT receipts to hit record-high £9bn
Annual income from the Insurance Premium Tax in 2025/26 is set to break through last year’s record, coming just shy of £9bn, according to the Office for Budget Responsibility’s Autumn Budget projections.
Biba and ABI join forces on ‘Total Signposting’ initiative
The British Insurance Brokers’ Association and the Association of British Insurers have launched a new voluntary industry-wide Total Signposting Commitment.
FCA’s home and travel super-complaint response triggers praise and warnings from experts
Industry specialists have praised the clarity and transparency of the Financial Conduct Authority’s response to the Which? super-complaint about the ‘broken’ home and travel insurance markets but warned the actions may not “get to grips” with “growing…
Government’s motor insurance taskforce report sparks ‘fudge’ and ‘credible job’ reactions
The government has published its Motor Insurance Taskforce Report, whose work has been both praised as a “credible job” and slammed as “rehash” and a “fudge”.
ABI: fraudulent insurance claims topped £1bn again in 2024
The Association of British Insurers has revealed the value of detected fraudulent general insurance claims hit £1.16bn in 2024, up 2% from the previous year (2023: £1.1bn).
Third quarter of motor premium falls – ABI
Average motor insurance premiums fell £13 to £551 in the third quarter, according to the Association of British Insurer’s latest tracker.
Biba welcomes government plan to move to ‘total signposting’ for insurance
The British Insurance Brokers’ Association has welcomed the Financial Inclusion Strategy from the government that outlines a new signposting initiative to help people find the most appropriate insurance.