Association of British Insurers (ABI)
Insurance Age blog: Referral fees and the ABI
The Association of British Insurers (ABI) hasn’t been shy in demanding an end to the use of referral fees. It seems that every chance that presents itself, from the news that Jackson’s reforms would be implemented in full to any news regarding the cost…
Insurance Age blog: It's a question of taste
According to research from the University of Hertfordshire, a blind taste test performed by over 400 members of the public has revealed that we cannot tell the difference between cheap or expensive wine.
ABI warns against duplication in regulatory reform
The Association of British Insurers (ABI) has called for transparent and accountable co-ordination between the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA).
Calls for ban on referral fees after car premiums rise 40%
The Association of British Insurers (ABI) has called for an immediate ban on referral fees following research from the AA showing that the average motor insurance premium has risen by 40% over the last year.
Editor’s letter – April 2011
As you can see, there’s a big focus on networks this month. Once seen as an anomaly, they are now a firmly established aspect of the market. And one way they have often sold themselves is that they are a security blanket. The claim is that they can…
Select Committee polarises opinion
Results of inquiry into motor insurance costs backed by Biba – but ABI brands it a missed opportunity.
Market moves: Winds of change sweep the country
Snow flurries in Scotland were matched only by the blizzard of job announcements in the region with Lockton, Heath Lambert, Aspen and RSA all unveiling changes.
Management - How to... save money and reduce your FSA risk
Mike Cranny offers a step-by-step guide on how to surrender client money permission.
Jackson proposals to be implemented in full
The Lord Chancellor, Kenneth Clarke, today announced in the House of Commons proposals for implementing major changes to the way in which civil litigation is funded in England and Wales.
ABI gives thumbs up to Osborne's Lord Young promise
The Association of British Insurers (ABI) has welcomed UK Chancellor George Osborne’s promise to implement the recommendations in Lord Young’s report on health and safety in full.
Groupama backs calls to abolish referral fees
Groupama Insurances has lent its support to demands for the complete abolition of referral fees for personal injury claims.
ABI calls for ban on referral fees
The Association of British Insurers (ABI) has responded to the publication of the House of Commons Transport Committee report into the cost of motor insurance, labelling it a missed opportunity.
ABI appoints Aegon UK boss as new director general
The Association of British Insurers (ABI) has appointed Otto Thoresen as its new director general. Mr Thoresen takes up the role on April 4 and will be based in London.
Regulation: Abiding by the rules
As the list of financial regulators grows so, it appears, does the size of their rule books. Branko Bjelobaba hopes a review of the FSA
News analysis - regulation: increasingly oppressive FSCS costs could hamper recruitmentConcern that jobs may be lost as brokers struggle to foot rising bill
The recent increase of over 50% in the Financial Services Compensation Scheme (FSCS) levy for brokers has raised fears that it could cause redundancies in the industry.
Insurance industry dismayed by ECJ ruling
The insurance industry has reacted with disappointment to the ruling by the European Court of Justice that as of December 2012 discriminating by gender will be unlawful for calculating insurance premiums.
ABI casts doubt on FOS' need to increase reserves
The Association of British Insurers (ABI) has responded to the Financial Ombudsman Service (FOS) by questioning the need for an increase in reserves and calling for a push on transparency.
ABI appeals to MoJ to cut consumer legal costs
The Association of British Insurers (ABI) has called for reform of Britain’s civil litigation system, after claiming that millions of consumers are losing out as a result of the high legal costs involved in dealing with personal injury claims.
Motorists happy to misrepresent to obtain cheaper car insurance
Research from the Association of British Insurers (ABI) has revealed that the majority of motorists are prepared to misrepresent a risk to get cheaper car insurance.
Reportage - Environmental liability: Caring for the environment
As local authorities begin to grasp the new Environmental Damage Regulations, the number of cases ending in legal action looks set to rise. Liz McMahon clarifies how brokers operating in the agricultural sector can protect themselves and their clients.
Reportage - Commercial property: Businesses under the weather
Louise Phillips examines the risks facing commercial property when it comes to weather and how brokers should advise their clients to prepare for the worst and put in place measures to limit damage.
Power hour: A flood defence drought
The coalition has already announced that flood defence spending is to be cut. With the Statement of Principles due to run out in 2013 this month's discussion focuses on the possible impact for insurance. Emmanuel Kenning reports from Manchester.