Association of British Insurers
Clarity needed from FSA to ensure wider access to financial advice
The FSA must act quickly to secure the benefits of its changes to the financial advice market, says the ABI. The message comes in...
Kerrie Kelly appointed as Director General of ABI
The Association of British Insurers has appointed Kerrie Kelly as its new Director General, it announced today. Ms Kelly will take up the role...
Association of British Insurers launches new fund sector
Following an extensive consultation, the ABI has today launched a new investment fund sector, the Deposit & Treasury sector. The new sector contains...
ABI delivers insurance advices for postal strike starting 22 October
Insurers have plans in place to ensure that customers remain insured and minimise delays and disruption, during the postal strike which starts tomorrow, 22...
ABI appoints Peter Jolly as Assistant Director, Consumers and Distribution Reform
The ABI has appointed Peter Jolly as Assistant Director, Consumers and Distribution Reform. Peter joins the ABI from Standard Life, where he was Head...
ABI urges European Commission to be more ‘consumers’ focused
The European Commission should make sure that investment saving products across the EU are uniformly regulated, says the ABI. Any new rules should prioritise...
Insurance industry has improved customer outcomes, but has further to go
The Insurance Times Forum, Challenges for 2010 and Beyond has reflected upon the impact of the global financial crisis on the insurance industry, the...
Flood risk householders dropping home insurance
Householders most at risk of flooding in Northern Ireland are dropping home insurance because of the high costs, it was claimed.
People who live in...
Financial services industry and FSA agree a package to help MPPI customers
The Association of British Insurers (ABI), the British Bankers Association, the Building Societies Association and the Council of Mortgage Lenders have reached an agreement...
ABI announces ‘UK insurance industry remains strong’
The Association of British Insurers (ABI) announced today figures related to the UK Insurance market and report that despite the recession, the UK insurance...
Brits could see home insurance premiums rising by ‘lettings’
Britons could see their home insurance impacted upon should they fail to inform their insurer that they are letting or sub-letting to a lodger,...
Swine flu to be treated no differently from any other illness by travel insurers
The Association of British Insurers (ABI) has confirmed that swine flu will be treated no differently from any other illness by travel insurers. People...
Trade credit insurance claims decrease for first time in four quarters
According to the latest ABI figures, trade credit insurance claims have fallen for the first time in four quarters. In Quarter 2, 2009 :
...
ABI responds to Financial Ombudsman Service (FOS) about firm-specific complaints data
Responding to publication by the Financial Ombudsman Service (FOS) of firm-specific complaints data, Maggie Craig, the ABI’s Director of Consumer Strategy, said:
“The insurance industry...
Association of British Insurers worried about UK competitiveness propose solutions
80% of UK insurance executives surveyed by the ABI feel that if the Government fails to improve competitiveness, there will be a drop in...
BIBA, ABI, and The Law Society launched a guide to buying professional indemnity (PI) insurance for solicitors
The British Insurance Brokers’ Association (BIBA), The Law Society and The Association of British Insurers (ABI) have launched a guide to buying professional indemnity...
Insurance complaints data must be useful to consumers
Commenting on publication of aggregate financial services complaints data by the FSA, Maggie Craig, the ABI’s Director of Consumer Strategy, said:
“The ABI’s member companies...
Fire damage costs never been so high
Fire damage costs are at their highest since records began, says Insurer Aviva.
Statistics from the Association of British Insurers show that fire claims rose...
Home insurance claims for fire continue to increase
Increasing numbers of home insurance claims are still arising due to incidences of fire, according to the Association of British Insurers (ABI).
The Financial Times...
Tourists Warned Over Travel Insurance Fraud
Holidaymakers were warned today they face higher insurance costs and possible prosecution if they are caught making fraudulent travel insurance claims.
The Association of British...
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