Opinion: No Excuse for Insurers to Take 20+ Days to Pay On Claims
In this Opinion piece, Angus McDonald, Co-Founder and CEO of insurtech company Cover Genius, the parent company of XCover, looks at how quicker payments are an absolute [...]
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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 [...]
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 [...]
Marine Insurance Costs Set to Rise as Persian Gulf Drama Plays Out
Jonathan Moss, head of transport and marine at global legal business, DWF, comments on the seizure of the British vessel in the Persian Gulf and the subsequent impact on [...]
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 [...]
Claims: IAM Roadsmart Calls for Ring-Fencing on Pothole Repair Funds
One of the most common claims for damage to cars and vans is for damage caused by potholes. As the repair of UK roads has become neglected in the last few years more road [...]
FCA Report: Industry Reaction to Findings on Insurance Distribution
The FCA issued a report on the distribution of insurance products from the General Insurers, via the MGA and broker networks. In particular the FCA looked at whether [...]
Drivers in Favour of Long Range Speed Cameras, Says RAC
Six in 10 drivers (59%) are in favour of police forces using long-range mobile cameras to enforce motoring offences, research from the RAC has found. The question was put to [...]