All ABI articles
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NewsMotor premiums fall for second quarter in a row
However, the average cost of motor insurance in the third quarter of this year was £50 higher than the same period in 2023
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News AnalysisThe Big Question November 2024: What does UKGI hope will result from Labour’s motor insurance taskforce?
In October 2024, the newly elected Labour government established a motor insurance taskforce to ’crack down on spiralling costs’ – but what does UKGI anticipate will be the key actions arising from this body and will it have the desired impact on motor premiums?
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NewsABI reinforces inclusivity with independent non-exec appointment
’This role involves keeping consumer issues forefront of the association’s thinking and I’m looking forward to driving the company’s financial inclusion strategy forwards,’ says new appointee
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NewsHome Office launches ‘major new crackdown’ on insurance fraud
’Fraud is an appalling crime and we are determined to crack down on these callous criminals,’ says government minister
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News AnalysisOpinion: Is the new Labour government getting serious about insurance fraud?
Editor Katie Scott questions whether the new administration is making insurance fraud a priority, building on the foundations left behind by the Conservative party
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NewsRSA chief executive sworn in as new ABI deputy president
’The insurance industry plays a vital role underpinning the economic health of the country by enabling people, businesses and society to prosper in good times and be resilient in bad times,’
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NewsUK pet insurance policies reached record numbers in 2023 – ABI
’It’s encouraging to see record numbers of pet owners all over the UK take out insurance to help cover the cost of veterinary treatment,’ says senior policy advisor for general insurance
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NewsTravel claims cost insurers more than £500m in 2023
’Travel insurance ought to be at the top of everyone’s packing list,’ says policy adviser
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NewsRecord £1.4bn in property claims paid out in Q2 2024
’Our latest figures demonstrate the devastating impact that adverse weather can have,’ says policy adviser
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NewsABI issues statement over riots as properties damaged across the UK
’Insurers appreciate that this is an incredibly stressful time and will be on hand to do everything they can to help customers as quickly as possible,’ says trade body
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NewsABI and Insurtech UK agree MoU to ‘connect the dots’ between ‘best of technology’
‘Innovation and harnessing the best of technology is crucial to maintaining our sector’s competitive edge,’ says director general
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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
