All ABI articles – Page 7
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NewsABI calls on government to create ‘robust regulations’ for e-scooters
Private e-scooters are often not insured for use on public roads and pavements, which is why the trade association is warning people to ‘think twice’ before giving them as presents for Christmas
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AnalysisExploring the trade credit insurance landscape post-Covid – ABI
Business failures in the UK set to grow 33% as 2022 approaches, according to Atradius data - but what does this mean for the trade credit insurance sector?
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NewsNicky Morgan joins ABI replacing Jon Dye
The trade association has has also made two further appointments
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NewsTrade bodies band together to create standardised product governance assessment form
Without cross-market guidance, the new rules had the potential to ‘snowball into an unmanageable administrative burden’ for insurance market participants, says LMA head of regulatory affairs
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NewsBackchat November 2021
A spy running late, a spooky Halloween inspired game for brokers and a controversial home insurance advert. What has the insurance industry been up to lately? You heard it here first…
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NewsSix insurance associations sign open letter to MP ahead of Autumn Budget
The letter argues that the funding proposed is ’extremely important’ in continuing the trend of the UK being a leader in insurance innovation
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NewsABI saddened at MP David Amess’ death
The MP spoke at the ABI’s conference in June on fire safety
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NewsFraudulent claims dropped 10% in 2020 – ABI
The trade body’s figures also reveal a record-breaking claims value in oversea travel scams
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AnalysisFraud Charter: Interim remediation is ‘vital’ while Online Safety Bill progresses
Carpenters Group moves to exert pressure and open debate between the UK government and the insurance industry around ad spoofing
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NewsFraud Charter: Post-covid claims yet to hit – but furlough end could cause spike
Despite the insurance industry bracing for employers’ liability and public liability claims due to remote working, this has not come to pass
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FeaturesBriefing: Incoming Highway Code changes signal ‘potential growth area for fraud’
The ‘perfect storm’ of vulnerable road user claims falling outside of the OIC portal and a general lack of awareness around the proposed rule changes could create a new ‘target area’ for fraudsters
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NewsVehicle car leasing service warns of click-to-call Google spoofing scams
The IFB, IFED and the ABI have issued a warning about click-to-call scammers misrepresenting insurers
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FeaturesOctober deadline for FCA GI pricing changes is ‘a rude awakening’ for brokers
The first batch of changes from the FCA’s pricing reforms are coming into effect at the end of this month, but industry commentators fear brokers won’t be ready
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FeaturesInsurance sector must tap into ‘powerful tool’ of PR to repair reputation
The Covid-19 pandemic hit the industry’s reputation hard – now, the sector is scrambling to get to grips with expectation gaps and marketing in a bid to boost customer relationships
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NewsABI reveals code of practice for child sexual abuse claims
The trade association has responded to the 2019 report from the Independent Inquiry into Child Sexual Abuse
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News AnalysisGhost broking continues to be a ‘substantial problem’ for the industry
As the IFB warns new and younger drivers about bogus car insurance policies, Insurance Times finds out what this means for the industry
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NewsABI and ACSO statement of intent for faster claims processing expires
ACSO executive director says that it was always intended to be temporary - many of the practices have now become ‘business as usual,’ however
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NewsMotor insurance premiums fall by £38 in 2021’s H1 to reach a new five year low - ABI
Consumers paid £430 for a comprehensive motor insurance policy in quarter two of 2021
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NewsHousehold water leak claims up by more than 30% for Q1 2021
Insurers are calling for clear standards for the plumbing industry to make sure contractors that fix water leaks are properly qualified
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News Analysis‘More to be done’ by insurance industry alongside government’s ‘ambitious’ flood investment plan
Following the publication of the government’s Flood and Coastal Erosion Investment Plan last month, industry commentators explain what the report might mean for the insurance sector
