Association of British Insurers (ABI)
ABI advises alcohol ban and curfew for young drivers
A ban on alcohol and restricted driving hours are two of the proposals set out by the Association of British Insurers (ABI) in a bid to reduce accidents among drivers aged under 25.
Pet owners killing their pets for cash
Pet owners have been injuring or even killing their pets to secure insurance payouts as it emerged that dishonest claims on animal policies quadrupled last year.
ABI calls on government to help insurers provide best deal
The Association of British insurers (ABI) has insisted the government needs to tackle the UK’s compensation culture if motor insurers are to provide customers with the best deals.
Trade bodies respond to flood insurance concerns
The British Insurance Brokers’ Association (Biba) and the Association of British Insurers (ABI) have both moved to address the insurance problems being faced by homeowners in flood affected regions.
ABI welcomes vote on banning referral fees
The banning of referral fees will be debated in the House of Commons next week and provided the vote is successful, will be added to Legal Aid, Sentencing and Punishment of Offenders Bill, Justice Secretary Kenneth Clarke has announced.
Flood cover could be pulled following reforms warns ABI
Government tactics to reform the planning process must not lead to uninsurable building developments, the Association of British Insurers (ABI) has warned.
ABI issues guidance on company boards and pay
The Association of British Insurers (ABI) has published its first report on Board Effectiveness and issued revised principles of executive remuneration.
ABI Key Facts reveals broker market figures
The Association of British Insurers (ABI) has updated its Key Facts and Figures on the UK insurance sector and revealed that 56% of all insurance business is sold through brokers.
Breedon to leave L&G
Legal & General (L&G) has announced that group chief executive, Tim Breedon, will be retiring from the company at the end of 2012.
ABI demands clean up of compensation system
The Association of British Insurers (ABI) has made an urgent call for the reform of the compensation system.
Insurers see referral fee ban as important first step
The Association of British Insurers (ABI)and Axa have welcomed the government’s announcement that they will ban the selling on of personal injury details for referral fees.
ABI keen to engage with OFT motor inquiry
The Association of British Insurers (ABI) has described the Office of Fair Trading’s (OFT) announcement of an inquiry into the cost of motor insurance as an opportunity to highlight the increasing cost pressures insurers’ face.
Pressure group hits back at ABI compensation culture claim
The Access to Justice Action Group (Ajag) has slammed the Association of British Insurers’ (ABI) call for reform of Britain’s compensation culture laws.
Lloyd's backs ABI on compensation culture
Lloyd’s has announced its support for the Association of British Insurers’ (ABI) report on Tackling the Compensation Culture and warned that Britain should avoid going down the same path as the US.
ABI calls for end to compensation culture
The Association of British Insurers (ABI) has called for reform of Britain’s compensation culture laws claiming that UK consumers pay £2.7m a day to claimant lawyers through their motor insurance premiums.
Insurance Age blog: The calamity that is claims
Claims are given quite a lot of air time. Everyone seems to have an opinion about them - unfortunately most seem to centre upon what other people are doing wrong.
Boardroom equality
Making boardrooms more equal is not just the right thing to do, it could also have business benefits, explains Peter Done
Motor insurers move to help volunteers
Motor insurers have agreed not to charge extra premiums to volunteers who want to use their cars to help out their local communities such as by taking old and sick people to hospital appointments or on day trips.
Elite makes London recruitment to develop ATE business
Elite Insurance has announced the appointment of Mike Payne as general manager of its London office with a remit to grow the company’s after the event (ATE) insurance business.
Insurers' tax contribution greater than entire Home Office budget
The insurance industry made a total contribution of £10.4bn to the Exchequer a report from the Association of British Insurers (ABI) and PWC has revealed.
Travel insurers face a weekly bill of £5.3m
Figures from the Association of British Insurers (ABI) have revealed that the cost of falling ill abroad has hit a new high with travel insurers helping a record number of people needing emergency medical treatment while overseas.
PM agrees to extend claim period and says that Riot Act stands
Prime Minister David Cameron has announced that the Riot Act police compensation schemes will operate as normal and has extended to the maximum of 42 days the amount of time claims can be made under the scheme.
Brit warns brokers to stick to current claims notification deadlines
Brit Insurance has issued a reminder to its brokers of the need for policyholders to comply with policy requirements in relation to the notification of claims.