Association of British Insurers (ABI)
Covid-19: Measures to maintain personal injury claims process launched
The ABI and the Association of Consumer Support Organisations have developed a statement of intent recommending remote video examination and rehabilitation.
Covid-19: Total claims pay-outs expected to reach £1.2bn
The ABI says insurers are expected to pay £900m towards business interruption claims.
Covid-19: Celebrity chef joins firms attacking Hiscox over BI cover
Reports state star chef Raymond Blanc has slammed Hiscox for not paying out after he was forced to close his restaurants and pubs in the wake of the coronavirus outbreak.
Covid-19: Industry welcomes "firm and pragmatic" FCA message on BI claims
Sector responds to the regulator's Dear CEO letter calling on insurers to pay valid claims quickly.
Insurance Covid Cast – episode one: How has the industry’s reputation been impacted by its handling of the coronavirus epidemic?
In the first of a new series of video casts brought to you by Insurance Age and Insurance Post whilst our journalists are in isolation lockdown we discuss the sector’s response to the Covid-19 pandemic and what lasting impact it might have on its…
Covid-19: Disrupters pressurise motor insurers to return premium
On demand insurtechs encourage incumbents to give back premium as it is predicted providers could save £1bn as claims plummet amid lockdown.
Covid-19: UK claims will pass £1bn, says Huw Evans
Evans quoted the figure in a letter defending the response of insurers to the pandemic.
Covid-19: ABI pledges to address questions raised by Treasury Select Committee
Last week, the Committee wrote to ABI director general Huw Evans requesting insurer data in relation to the coronavirus crisis.
Covid-19: Six month MOT exemption announced
The AA said it had raised MOT concerns with transport ministers last week.
Covid-19: Expect £275m in travel payouts, says ABI
Industry body says the total will dwarf the £148m record reported in 2010.
Covid-19: ABI highlights insurer motor and home commitments
The body outlined the insurer response to Financial Conduct Authority guidelines as providers waive renewals for key workers.
Covid-19: ABI clarifies position on business insurance
The insurance industry has faced a customer backlash as most commercial policies do not cover for business interruption caused by pandemic.
Covid-19: Government addresses nation on pandemic BI cover
Government says insurers will cover pandemic but ABI insists this changes very little as most do not have this type of cover.
Covid-19: Biba defends hiring Boris Johnson as speaker
The body paid him £25,000 but the entire industry is now under fire over government decision to not enforce business closures in a move which some claim will affect BI cover.
Covid-19: ABI admits few will be covered for BI
The government advised leisure businesses to close voluntarily prompting a public backlash that firms won’t be able to claim for business interruption as it isn’t a closure order.
Sector escapes IPT rise in ‘coronavirus’ Budget
The decision to keep the unpopular tax at 12% has been welcomed by the insurance market as Chancellor introduces other measures to help Covid-19 hit businesses.
Biba takes action on FCA coronavirus warning
The trade body has pledged to support members as the regulator insists all firms must have contingency plans in place to deal with major issues such as Covid-19.
In-depth - cyber: Are brokers protecting themselves against cyber risks?
As well as selling the benefits of cyber insurance to clients, brokers must show the way by being ready for any data breaches or cyber attacks. Sam Barrett reports
Government urged to reconsider IPT ahead of Budget
The ABI and CII are calling for a cut to insurance premium tax, whereas Biba is requesting a freeze.
ABI reiterates call for government to slash IPT
Trade body's data shows motor insurance premiums rose again in the last quarter of 2019 with increases in IPT and changes to the discount rate driving up prices.
Consumers expect action on dual pricing, reports CII
CII survey highlights there is more for the industry to do to tackle the loyalty penalty.
Biba reveals 700,000 people have used signposting service
Insurance Cares: Signposting service for older customers has been renewed again following its launch more than six years ago.
People Moves Round-up: 30 September – 4 October 2019
Here are the latest people moves in the market.
Quizzical questions: 30 August 2019
Test your knowledge of the week's news with our topical quiz.