Insurance Fraud Up 3% Says ABI,with 1300 Scams Attempted Each Day
The lengths insurance cheats will go to try to con their insurer are laid bare today (28 August) as the ABI publishes its annual detected fraud figures. The total number of [...]
ABI
Is Cyber Insurance Worth It? ABI Reveals 99% of 2018 Claims Were Paid
The Association of British Insurers has, for the first time, revealed that 99% of claims made (207) on ABI-member cyber insurance policies in 2018 were paid. This is one of [...]
ABI Issues Guidelines on Offering Insurance For Convicted Drivers
The Association of British Insurers (ABI) has issued updated guidance to help insurers treat people with criminal convictions fairly and in compliance with the law. The Guide [...]
ACSO Reaction to ABI Premium Tracker Announcement
Matthew Maxwell Scott, executive director of ACSO, has criticised the ABI after the trade body issued its latest premium tracker today (29 July). He said: “The [...]
Quote Me Unhappy – ABI Warns That Car Insurance Premiums Are Set to Rise
The average price paid for motor insurance in the second quarter of the year rose slightly on the previous quarter, albeit that the cost of cover fell by £10 on the same [...]
ABI Reaction to Cabinet Reshuffle
Welcoming Sajid Javid’s appointment as Chancellor, Director General of the Association of British Insurers, Huw Evans, said: “I worked closely with Sajid Javid in the [...]
Regulatory: ABI Slams Government Over Discount Rate Change
In the wake of the Ministry of Justice setting a new Discount Rate of minus 0.25%, Director General of the Association of British Insurers, Huw Evans, has written a letter to [...]
Flood Re Review Should Prompt Property Re-Build Rule Changes
Responding to the publication today of Flood Re’s Quinquennial Review, James Dalton, Director of General Insurance Policy at the Association of British Insurers, said: [...]