Association of British Insurers (ABI)
SSP: 74% of brokers don't prioritise application fraud
Software house estimates application fraud and inaccuracies for motor insurance alone costs industry £1bn a year.
UK insurers paying out £77m daily, says ABI
Trade body's research shows insurers pay out more on claims daily than ever before.
Markerstudy goes live on MyLicence
Motor specialist to start using the service following a technology upgrade.
Insurance industry thwarts £1.32bn of fraud in 2014
Dishonest motor insurance frauds were the most common.
ABI defends insurers on SME claims
Association responds to FCA review and says insurers “committed to delivering best possible claims service”.
DVLA and MIB had weekly meetings about MyLicence
Agency confirms no individual insurers were involved in the meetings.
ABI publishes fraud report
Research aims to shed insight into the thinking of insurance fraudsters.
Insurance industry launches new framework for apprenticeships
The guidelines have been drawn up by the likes of Biba, the CII and ABI.
Insurers urged to “maximise potential of data revolution”
ABI director general Huw Evans urges insurers to “have the stomach” work together to gain customer trust on data usage.
Transactor signs up with MyLicence
Transactor Global Solutions develops initiative providing access to MIB hub.
MIB and DVLA launch MyLicence
Service will give insurers access to customers' driving history data.
ABI welcomes fraud task force
Government proposals to tackle insurance fraud welcomed by industry.
Huw Evans to replace Otto Thoresen as ABI leader
New director general will take up post in February 2015.
ABI confirms Aviva's Tulloch as chairman of general insurance council
Tulloch joins ABI board as part of his new role.
Home insurance stable
ABI tracker shows market is steady, despite rises in some claim costs.
IFB launch model to protect brokers from fraud
Adrian Flux and Carole Nash sign up to broker membership model.
Eleven arrested for personal injury claims fraud
Nationwide day of action comes as insurance fraud costs policyholders £50 a year.
Mixed response to CMA report
Allianz “disappointed” by motor findings but AA “welcomes” the report into competition as ABI calls it “bad news for consumers”.
£32.1bn paid out in claims in 2013 according to ABI
Pay outs for liability claims were down slightly on 2012 to £6.8bn.
Insurers spot 3,500 fraudulent motor applications a week
Data, collected for the first time by the ABI, finds that there were 180,675 fraudulent motor applications in 2013.
ABI’s transparency stance welcomed by brokers
Concerns raised over implementation of insurer body’s pricing clarity drive
ABI members paid out record amount for weather claims in H1 2014
Trade body data shows total claims amount fell by 37% between first two quarters.
L&G goes out on a limb
The stand out story by miles this week was Legal & General's shock withdrawal from the Association of British Insurers (ABI).
ABI “disappointed” by L&G exit
Trade body calls on insurance sector to work together.