Government proposals outlined in the Queen's Speech today have been welcomed by the ABI.
ABI deputy director general Stephen Sklaroff said on the proposed road safety bill: “Insurers have a direct interest in working to raise standards of vehicle and road safety.
“It is important that the bill contains further provisions to tackle uninsured driving by making it an offence to keep a vehicle without insurance.”
On the regulatory reform bill it welcomed the government's commitment to the recommendations of the Hampton report.
And on the tough topic of compensation culture in the UK, it welcomed the government proposals to tackle the perception that the climate exists.
Compensation culture perceptions are “getting in the way of ensuring that compensation goes to those who need and deserve it,” Sklaroff said.
“All efforts to change this perception will be welcomed by insurers and our policyholders.”
