Association of British Insurers

Julian Adams, director of public policy and regulation at M&G plc (the holding company of the Prudential Assurance Company) has been appointed deputy chair of the Association of British Insurers (ABI). Adams will now serve alongside chair Jon Dye until the summer of 2020. He…

The lengths insurance cheats will go to try to con their insurer are laid bare as the Association of British Insurers (ABI) publishes its annual detected fraud figures. At 460,000, the total number of fraudulent claims and applications detected in 2018 rose by 3% on…

A recent study conducted by the Business Sprinkler Alliance – entitled ‘UK: Commercial and Industrial Attitudes Study 2018- – confirmed that the uptake of fire safety sprinkler systems is low, with 68% of those interviewed having been involved in a decision not to include an…

The Association of British Insurers (ABI) has, for the first time, revealed that 99% of claims made (207) on ABI member cyber insurance policies in 2018 were paid*. This is one of the highest claims acceptance rates across all insurance products. Despite this, the take-up…

The Association of British Insurers (ABI) has just issued valuable updated guidance notes to help insurers treat those individual clients with criminal convictions or related offences fairly, in compliance with the law and with high-level standards. The ABI Good Practice Guide entitled ‘Insurers’ Approach to…

Property management companies face immense challenges from water leak damage. Undetected leaks in vacant units, tenants who leave taps running or don’t report a damp spot are all problematic and can lead to extensive and costly renovations as well as mold remediation. A company’s good…

The latest figures issued by the Association of British Insurers (ABI) outline that ‘escape of water’-focused insurance claims pertaining to commercial and domestic property are costing insurers no less than £2.5 million every day. Across a four-year period, this equates to a total pay-out that…

The National Fire Chiefs Council (NFCC) has again urged the Government to fit sprinklers in all new schools and those undergoing refurbishment. This call forms part of the NFCC’s response to a call for evidence on the ‘Technical Review of Building Bulletin 100: Design for…

While addressing a room full of Government officials, peers and industry leaders alongside Baroness Neville-Jones (former chair of the Joint Intelligence Committee), James Dalton, the director of general insurance policy at the Association of British Insurers (ABI), has stepped up the ABI’s calls for access…

Of the 673 new schools built and opened under the Government’s flagship school programme, only 105 were fitted with sprinklers, writes Iain Cox. With hundreds of schools in the UK having a fire each year, this alarming statistic once again only emphasises that money spent…