All ABI articles – Page 8
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Analysis
Fraud 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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News
Fraud 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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Features
Briefing: 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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News
Vehicle 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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Features
October 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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Features
Insurance 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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News
ABI 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 Analysis
Ghost 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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News
ABI 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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News
Motor 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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News
Household 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
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News
ABI members hold power to provide a third of money needed for UK to meet net zero
The trade body seeks sector solutions to ’the greatest threat facing our planet’ as insurance is ’uniquely placed to drive the transition’ towards net zero carbon emissions
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News
IFED cracks down on insurance ghost broking with seven arrests
The IFB’s head of intelligence and investigations said ghost brokers ’are not afraid to take advantage of the financial hardship so many drivers are facing right now’
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Features
Fire safety reform and PI withdrawal creates ‘existential moment for the insurance industry’
Four years on from the Grenfell Tower fire, industry experts debate the draft Building Safety Bill and what has been done so far to address fire safety
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News
UK government publishes long-awaited Building Safety Bill
Despite the bill being welcomed, insurance industry leaders highlight concerns for buildings under 18 metres tall as ‘fire does not respect arbitrary height limits’
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News
MMC must not be confused with combustibility
The Grenfell Tower fire ‘underlined some of the systemic failings’ within the construction sector and highlighted the danger of combustible materials being used in building works
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News
Mark Farmer: Insurance and construction sectors ‘need to get closer together’ on MMC
Underwriters must work with construction businesses to understand how modern methods of construction aim to eliminate randomised and systemic risks
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News
Building regulatory framework should not neglect other fire safety issues – ABI
The ABI’s director of general insurance policy argued that all buildings, regardless of height, should be safe
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News
ABI reshuffles board to redouble efforts to build industry trust
Current ABI chair Jon Dye says the changes will ’enrich’ the board with independent perspectives