Julian Adams
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Julian Adams appointed deputy chair at 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...
Posted On 03 Oct 2019
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“Average cost of insurance fraud now tops £12,000 mark” reports ABI

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 the previous...
Posted On 03 Sep 2019
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“Cyber insurance pay-out rates at 99%, but uptake still far too low” warns ABI

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 rate of...
Posted On 08 Aug 2019
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ABI issues revised guidelines to help insurers deal with clients’ criminal convictions

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...
Posted On 01 Aug 2019
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The Insurance ‘Win-Win’: Assessing The Benefits of Water Leak Detection

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...
Posted On 12 Jun 2019
James Dalton
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Association of British Insurers steps up call for access to ICO’s cyber breach data

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...
Posted On 30 May 2019
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IFED secures 239 years’ jail time for fraudsters as specialist unit turns seven

The City of London Police’s Insurance Fraud Enforcement Department (IFED), which has now secured 239 years in custodial sentences, is celebrating its seven-year anniversary this month. Since its inception back in 2012, the IFED has convicted 433 insurance fraudsters leading to...
Posted On 10 Jan 2019
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Association of British Insurers reveals true extent of insurance fraud in UK plc

The Association of British Insurers’ (ABI) most comprehensive analysis yet of insurance fraud highlights that a fraud of this nature is now detected in the UK every minute. For the first time, the ABI’s annual detected fraud figures include data on application fraud, where...
Posted On 23 Aug 2018
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City of London Police’s IFED targets ‘opportunistic’ insurance fraudsters in nationwide crackdown

A man who claimed he had suffered an injury at a shop, but was recorded on CCTV deliberately falling to the floor and pulling boxes on top of himself was among those targeted by the City of London Police’s Insurance Fraud Enforcement Department (IFED) in a nationwide operation...
Posted On 25 May 2018
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“Compulsory sprinkler systems needed for warehouses” asserts Association of British Insurers

The Association of British Insurers (ABI) is calling for sprinklers to be made a legal requirement in all new warehouses over 2,000 m2 in area as average payouts for commercial fires break the £25,000 barrier for the first time. Guidance from the Department for Communities and...
Posted On 28 Jul 2016
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