The Association of British Insurers

Type: Organization

Name: The Association of British Insurers

First reported 7 hours ago - Updated 7 hours ago - 1 reports

PIMS: ABI says industry still needs to earn Govt's auto-enrolment trust

The Association of British Insurers says the financial services industry still needs to earn the Government’s trust if it is to prove it is acting in the best interests of clients on auto-enrolment.Speaking at PIMS on board the Aurora last week, ABI director ... [Published Money Marketing Online - 7 hours ago]

Entities: Gay, Westminster, The Association of British Insurers

First reported 15 hours ago - Updated 15 hours ago - 1 reports

Talks continue as UK flood cover deadline nears

The future of UK flood insurance remains uncertain after insurers and the Government failed to reach a new agreement in last-minute talks.The current statement of principles on flood cover, which was introduced in 2000, expires on June 30.A transitional ... [Published InsuranceNews.com.au - 15 hours ago]

Entities: Deadline, United Kingdom, The Association of British Insurers, Richard Benyon

First reported May 19 2013 - Updated May 19 2013 - 1 reports

Insurance Rates Decrease in Britain as Response to Bogus Whiplash Claims

New Government Measures Introduced to Reduce Fraudulent Whiplash Claims Have worked(EMAILWIRE.COM, May 19, 2013 ) Dublin, Ireland -- Car insurance premium rates have decreased by £30 since new measures were introduced by the government last year to prevent ... [Published EMAILWIRE.com - May 19 2013]

Entities: Ireland, United Kingdom, The Association of British Insurers, Investigation

First reported May 17 2013 - Updated May 17 2013 - 1 reports

Skandia UK Critical Illness

Skandia Life has re-entered the protection insurance market, having temporarily exited it in August 2010 after being a major player for 20+ years.The new plan is a modified version of its old plan and offers life cover with critical illness cover. Terms ... [Published Health Insurance Magazine - May 17 2013]

Entities: Skandia UK, The Association of British Insurers, Survivability, Skandia Bank & Försäkring

First reported May 17 2013 - Updated May 17 2013 - 2 reports

Talks over future of flood insurance for UK properties still bogged down

The Association of British Insurers has pledged to voluntarily meet their commitments to offering flood insurance for residential properties for an extra month after the current industry flood insurance agreement expires on 30 June.This is to allow discussions ... [Published Property Wire - May 17 2013]

Entities: United Kingdom, Flooding, Mortgages, Property, Ian Paton

First reported May 17 2013 - Updated May 17 2013 - 1 reports

ABI 'looking forward to working with FCA on claims review'

at 17:05The Association of British Insurers (ABI) is looking forward to working with the Financial Conduct Authority (FCA) as the regulator carries out its thematic review of claims handling in personal insurance.Speaking in response to FCA chief executive ... [Published Compliancy Services - May 17 2013]

Entities: Financial Conduct Authority, The Association of British Insurers, Personal Insurance

First reported May 16 2013 - Updated May 17 2013 - 10 reports

Insurers extend deal for homes at risk of floods by one month

Receive daily updates with our mid-morning newsletter HOMEOWNERS whose property is at high risk of flooding will be able to buy household insurance until 31 July, after insurers yesterday voluntarily extended the existing agreement.The Association of ... [Published City A.M. - May 17 2013]

Entities: The Association of British Insurers, Flooding, Deadline

First reported May 16 2013 - Updated May 16 2013 - 2 reports

Insurers extend deal for flood-hit homeowners by a month

Agreement still to be reached to ensure affordable cover for at least 200,000 affected properties beyond July Flood-hit householders will continue to be able to buy insurance for a month after an agreement between insurers and the government ends in June, ... [Published Guardian.co.uk - May 16 2013]

Entities: Flooding, The Association of British Insurers, Mary Creagh

First reported May 16 2013 - Updated May 16 2013 - 2 reports

Government delays whiplash decision

Ellman: strong views on all sidesThe government will wait until the transport select committee finishes its investigation into whiplash – and until the impact of the LASPO reforms begins to show – before announcing the outcome of its consultation on reform, ... [Published Litigation Futures - May 16 2013]

Entities: Louise Ellman, Helen Grant, Fraud, Chartered Society of Physiotherapy, Faculty of Actuaries

First reported May 16 2013 - Updated May 16 2013 - 1 reports

DWP bans consultancy charging for auto-enrolment

The Government has moved to ban consultancy charging for automatic enrolment, raising fears that companies will shun advice due to the costs involved.Consultancy charging was devised by the FSA to allow advisers to take a fee from employees’ pension pots ... [Published Money Marketing Online - May 16 2013]

Entities: Steve Webb, The Association of British Insurers, Gay

First reported May 15 2013 - Updated May 15 2013 - 1 reports

UK watchdog to investigate how insurers settle claims

LONDON, May 15 (Reuters) - Britain's Financial Conduct Authority (FCA) is investigating whether insurers are dragging their heels in paying out claims for stolen goods or disrupted holidays.FCA Chief Executive Martin Wheatley said that complaints about ... [Published London South East - May 15 2013]

Entities: Financial Conduct Authority, Martin Wheatley, United Kingdom

First reported May 13 2013 - Updated May 14 2013 - 2 reports

ABI points to pension investment decision risks if consultancy charging ban is implemented

The Association of British Insurers (ABI) has criticised the Government's plans to prohibit consultancy charging in the auto-enrolment programme.13 May 2013TopicsThe trade body said that the ban would have an impact on employers' pension investments ... [Published Out-Law.com - May 13 2013]

Entities: Steve Gay, The Association of British Insurers, Steve Webb

Quotes

...of financial conduct regulation at the ABI - which has over 300 member companies, making up 90 per cent of the insurance market in the UK - stated: "Claims service is the shop window by which the industry is often judged and insurers are continually looking at how they can provide the best possible service to customers."

ABI 'looking forward to working with FCA on claims review' [Published Compliancy Services - May 17 2013]

"I am sorry we may have nearly shot the Labour party’s fox. We are working closely with the ABI, and we will deliver a good deal."

Flood insurance deal extended by a month as deadline looms [Published Yorkshire Post - May 17 2013]

"The ABI has written to say insurers will continue to abide by the current agreement for a month beyond the end of June to allow further time for the outstanding issues to be concluded."

Extension to flood insurance deal [Published Confused.com - May 17 2013]

..." Ian Fletcher, director of policy at the BritishBritish Property Federation, said: "This deadline has been looming for years and has not had the attention from Government we would have liked to have seen. It would be unforgivable for this situation not to be resolved as a matter of urgency, and universal flood cover to slip through our fingers. A short extension by the insurance industry is very welcome and sensible if an agreement with Government is within reach, but it is not fair on property owners to live month-by-month not knowing whether they will be able to access flood insurance for their property on reasonable terms. "Householders and businesses have been living with this uncertainty for far too long, and it has already driven up insurance premiums. The fact remains, we still don't know whether hundreds of thousands of homes and businesses will be able to access affordable flood cover in a matter of weeks.""

Flood insurance agreement for homeowners extended as discussions continue [Published The Independent - May 16 2013]

More Content

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PIMS: ABI says industry still needs to earn Gov... [Published Money Marketing Online - 7 hours ago]
Talks continue as UK flood cover deadline nears [Published InsuranceNews.com.au - 15 hours ago]
Insurance Rates Decrease in Britain as Response... [Published EMAILWIRE.com - May 19 2013]
Skandia UK Critical Illness [Published Health Insurance Magazine - May 17 2013]
Talks over future of flood insurance for UK pro... [Published Property Wire - May 17 2013]
Fri, May 17, 2013 - Today’s News : Flood insura... [Published TheMoveChannel.com - May 17 2013]
ABI 'looking forward to working with FCA on cla... [Published Compliancy Services - May 17 2013]
Insurers extend deal for homes at risk of flood... [Published City A.M. - May 17 2013]
Flood insurance deal extended by a month as dea... [Published Yorkshire Post - May 17 2013]
Extension to flood insurance deal [Published Confused.com - May 17 2013]
ABI members to continue flood cover in July as ... [Published Insurance Day - May 16 2013]
Insurers announce extension to flood agreement [Published Brechin Advertiser - May 16 2013]
Flood insurance agreement for homeowners extend... [Published The Independent - May 16 2013]
Insurers extend deal for flood-hit homeowners b... [Published Guardian.co.uk - May 16 2013]
Insurers extend deal for flood-hit homeowners b... [Published NewsRT.co.uk - May 16 2013]
Government delays whiplash decision [Published Litigation Futures - May 16 2013]
Insurers agree to extend flood cover model for ... [Published WaterBriefing - May 16 2013]
Deal on insurance lifeline for 200,000 flood ri... [Published Mail Online UK - May 16 2013]
Flood insurance agreement extended by a month [Published Morpeth Herald - May 16 2013]
Flood insurance deal to last longer [Published Jersey Evening Post - May 16 2013]
DWP bans consultancy charging for auto-enrolment [Published Money Marketing Online - May 16 2013]
MPs to begin hearing whiplash evidence next week [Published Litigation Futures - May 16 2013]
UK watchdog to investigate how insurers settle ... [Published London South East - May 15 2013]
Press release: Government to overhaul young dri... [Published Department for Transport - May 14 2013]
ABI Issues Guidance On Telematics [Published Noodls - May 14 2013]
Thinking of securing an income from your pensio... [Published Armstrong Watson - May 13 2013]
ABI points to pension investment decision risks... [Published Out-Law.com - May 13 2013]
ABI: Consultancy charging ban puts auto-enrolme... [Published Pensions Insight - May 13 2013]
My husband died three years ago, why don't I ge... [Published Mail Online UK - May 13 2013]
My husband died three years ago, why don't I ge... [Published This Is Money - May 13 2013]

Blogs

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Is Bellway building trouble for itself with chi... [Published Guardian.co.uk - Business Blog - Jan 08 2013] Association of British Insurers issues alert to warn of unconventional move by housebuilder in promoting John Watson to chairman The year 2009 began with a revolt over pay at housebuilder Bellway, which paid executives bonuses even though performance ...

Audio/Video

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VIDEO: Flood fund 'a viable solution' [Published BBC News Video - Business - Nov 27 2012]