All ABI articles – Page 2
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NewsRecord IPT receipts fuel calls to ‘cut’ tax to support growth
‘If the government is serious about growth, business confidence and supporting working people, they should cut IPT,’ says head of policy and public affairs
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News AnalysisOpinion: Are brokers ducking ‘responsibility’ to tackle insurance fraud?
Insurer counter fraud expert calls out commercial brokers on lack of engagement in dealing with insurance fraud, emphasising that regulatory action may be the best way of inspiring greater anti-fraud collaboration
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NewsLabour’s Industrial Strategy promotes sector specific plan to create ‘the world’s most innovative, full service financial centre’
A distinct financial services strategy is scheduled to be published in July 2025, following close collaboration between the government and industry
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News AnalysisSector must take counter fraud messaging and education ‘to another level’
Much more work is needed to truly educate the public on the dangers of insurance fraud – and Fraud Charter attendees agreed that this had to be collaborative
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NewsABI appoints new director of general insurance and international
’I look forward to working with the industry, government and ABI colleagues to champion the excellent work the industry does and deliver for members,’ says appointee
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News AnalysisIn Focus: What do Trump’s tariffs mean for UK insurance claims?
’We believe that the introduction of tariffs will increase the cost of claims,’ says head of insurance
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NewsABI promotes internal candidate as new director of regulation
‘He brings significant experience from the financial services sector to the role and has already made demonstrable progress on a number of issues that are a priority for our members,’ says director general
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NewsABI appoints new independent chair
’Her extensive experience across financial services in the UK and in Europe will be a great asset to our industry,’ says president
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NewsInsurance industry responds to large fire that shut Heathrow Airport
Travellers have been urged to get in touch with their insurers if they need to
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News AnalysisMarket responds as FCA shelves ‘name and shame’ and D&I proposals
The updates were revealed in a letter sent to the Treasury Select Committee
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News AnalysisTechTalk: Insurance fraud and the AI arms race
’Those insurers that don’t invest or haven’t invested in this sort of technology will be left behind, if they haven’t been already,’ says head of claims counter fraud
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News AnalysisUK government’s housing expansion plans has industry nervous for flood risk impact
Recent storms coupled with the Labour government’s plan to build 1.5 million homes by the next parliament – a target set by prime minister Keir Starmer in October 2023 – gives the insurance industry pause for thought around balancing flood risk management, property insurance and demand for housing
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NewsABI announces ex-Aviva UK chief executive as new president
’Through the ABI, the industry is stronger together and I look forward to working even more closely with members and business leaders,’ says appointee
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News AnalysisBriefing: Continued flood risk brings possible property protection gap to the forefront
A new protection gap between insured and uninsured property losses, driven by flooding in the UK, means it is more important than ever for brokers to be proactive when supporting clients
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NewsCowbell joins ABI to strengthen position in UK cyber market
’We are proud to join the ABI, alongside industry leaders, to strengthen the sector, foster greater trust and transparency and drive innovation forward,’ says senior vice president
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NewsMotor claims hit record £11.7bn as repair costs rise
’Our latest data paints a difficult picture for drivers and the industry alike,’ says head of general insurance policy
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NewsABI and MGAA team up to boost sector collaboration
’We aim to create greater awareness of core priorities and knowledge sharing for insurance firms and their customers,’ says chief executive
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News AnalysisOgden rate change causes overcompensation concerns for insurers
The government’s spring clean of the personal injury discount rate puts scrutiny on compensation see-saw, with market commentators dwelling on drivers for over and undercompensation
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NewsABI warns of costly burst pipe claims as cold weather hits
’Cold weather can lead to pipes freezing and bursting,’ says senior policy adviser
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News AnalysisIn Focus: New public-private partnership opens door to new counter fraud capabilities
’The government did talk about whether they might be able to do something about minimum levels of sentencing for convicted fraudsters,’ says chief fraud and financial crime officer
