All ABI articles – Page 4
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NewsABI leader awarded OBE in King’s Birthday Honours list
’This is a much-deserved honour,’ says director general
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NewsUK faces urgent need for flood education as storms increase in frequency
Delegates attending a recent Insurance Times and ICEYE roundtable explained that case study examples are a useful education tool
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NewsWarning issued as most consumers unaware of ghost broking
’Online insurance scams are widespread and are becoming increasingly sophisticated,’ says director
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NewsHome insurance premiums rise after severe winter for weather damage
’The longer we put off vital investment in flood defences, the more that flood damage will ultimately cost the consumer,’ says policy adviser
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NewsData warning issued as Automated Vehicles Bill passes through Parliament
’It’s critical that insurers have access to relevant data in order to support the adoption of this technology,’ says manager
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News AnalysisInsurance sector in race against time to tackle rising storm challenges
Delegates attending a recent Insurance Times and ICEYE roundtable explained that the increased frequency of storms was stretching the industry’s resources to the limit
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NewsMotor premiums stabilise – but cost to insurers mounts
’These figures show how competitive the motor market is,’ says director
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NewsABI clamps down on motor premium finance charges
’The principles announced today are one of a raft of actions we are taking to tackle the cost of motor insurance,’ says director
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NewsWeather-related home insurance claims reach record high
’Insurers continue to be there for affected homeowners, with payouts hitting record levels,’ says policy adviser
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NewsInsurers paying out £1.13m every hour in motor claims
’Significant and sustained cost pressures faced by insurers, such as a 31% rise in repair costs over the last year, have impacted on the cost of cover,’ says manager
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News AnalysisTackling opportunistic fraud requires ‘a measured approach’
Experts at March’s Fraud Charter event discussed the appropriate response to the shifting profiles of those carrying out fraud
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NewsABI ‘disappointed’ by Supreme Court ruling and warns of increased cost pressures
’The outcome risks undermining the intention of the whiplash reforms,’ says association
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NewsFacility to improve insurance availability for buildings with fire risk gets key capacity
’This unique facility aims to present a competitive market solution that will address this important issue,’ says chief executive
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NewsCatch up on last week’s ABI Conference 2024
Insurance Times rounds up the biggest stories from last week’s insurer conference
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NewsCollaborative solutions to develop ‘a risk sharing model’ – Fair4AllFinance
’It gives us a real opportunity to make a difference,’ says chief executive
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NewsFinancial reforms ‘only effective’ if taken advantage of by insurance sector – Secretary to the Treasury
Insurance ’is one of the industries that can make the biggest difference in terms of investment to grow our economy,’ says City minister
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NewsABI unveils 10-point action plan to bring down motor premiums
’Some of these actions we can do quickly, others will require time or assistance from the regulator or government,’ says director
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NewsData does not support OIC mixed injury ‘epidemic’ claim – Acso
Insurers are ‘comparing apples and pears,’ says executive director
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News AnalysisMotor insurance pricing cycle ‘close to a point of softening’
Insurance industry experts speak exclusively to Insurance Times about navigating big pressures in the motor market and what can be expected in 2024
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News AnalysisBriefing: Industry and government debating old issues shows not much has changed
It always seems to be the same issues popping up – but that doesn’t mean they’re resolved, says Guy
