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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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Fire Risk: Are We Asking the Right Questions?

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...
Posted On 19 Aug 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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Proven Triple+ technology for preventing water leak damage launches in UK

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...
Posted On 08 Jul 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
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NFCC calls for sprinkler systems to be fitted in all new and refurbished schools

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 Fire...
Posted On 11 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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Sprinkler Systems in Schools: It’s Time for Investment

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 on...
Posted On 29 May 2019
Policing Minister Nick Hurd
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Policing Minister Nick Hurd chairs Government’s new vehicle crime Task Force

Policing Minister Nick Hurd has chaired the first meeting of a Task Force whose members aimed to tackle vehicle theft. The new Task Force replicates the successful model used to reduce moped-related crime in London, which fell by a third in the period from January to October last...
Posted On 15 Jan 2019
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