Association of British Insurers (ABI)
UK to remain in motor insurance ‘free circulation zone’
The decision means insurers will not have to issue ‘Green Cards’ when motorists wish to drive in EU member states after Brexit.
Blog: Eight things to look out for at Biba 2018
As the UK insurance sector descends on Manchester for the 2018 British Insurance Brokers' Association Conference, Jonathan Swift predicts some of the key talking points on the floor and in the bars around the venue.
Quizzical questions: 11 May 2018
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The Blog Spot: Why on earth is dual pricing still going on?
Emmanuel Kenning shares his thoughts after the launch of the ABI and Biba initiative.
ABI calls on FCA to use new personal lines principles when supervising firms
Biba encourages brokers to help solve the dual pricing problem.
Biba and ABI team up to tackle dual pricing in personal lines
Trade bodies state that members will give board and senior management level priority to better outcomes for long-standing customers.
Quizzical questions: 23 March 2018
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Trade credit insurer pay-outs at highest level since 2009
ABI says company failures such as Monarch Airlines and Carillion have led to challenging trading conditions.
Only 21% of top insurance jobs are held by women
Research by the ABI shows 78% of firms have a diversity and inclusion strategy, as trade body highlights "good intentions are not enough".
Biba, ABI and Lloyd’s join InsurTech Board
New group, part of the Fintech Delivery Panel, will focus on needs of InsurTech startups
Biba repeats call for separate FSCS levy pot for brokers
The ABI has also responded to the FCA's consultation on the levy, arguing that insurers should not have to pay for "adviser failures".
ABI develops non-EU insurer trade framework
The framework is for future trade agreements with non-EU countries and puts insurance “at the forefront of helping secure Britain’s prosperity after Brexit”.
Treasury delays IDD transposition into national law
Move follows the European Commission’s proposal to push back the application date to 1 October 2018.
Podcast: The top five stories of the week
Ida Axling and Emmanuel Kenning cast their eyes over the top stories of the week.
ABI: Carillion collapse to cost trade credit insurers £31m
Association says industry is to pay over £30m to help suppliers recover.
Quizzical questions: 24 November 2017
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Escape of water claim costs rise to £483m this year
The ABI revealed that claims have gone up 24% for the first nine months of 2017 compared to 2014 as it called on the insurance market to tackle the expense.
Market welcomes IPT freeze at 12% in Budget
However further campaigning action is urged to persuade the Chancellor to keep his hands off the "stealth tax" which has doubled since 2015.
The Blog Spot: IPT and the tech revolution
Ida Axling shares her thoughts on this year’s Autumn Budget.
MP tables motion in Parliament urging government to freeze IPT
Early Day Motion calls on government to make the commitment in upcoming Budget.
Why you should sign the Women in Finance Charter
Insurance careers coach Katherine Bryant explains why the Charter is important for insurers and brokers.
Quizzical questions: 3 November 2017
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The Blog Spot: Release the Brexit files!
Siân Barton calls on the government to publish its Brexit impact assessment on the insurance sector.
News analysis: Mind the knowledge gap
Insurance education shortfall revealed by FCA creates opportunity for brokers