The pace of global technological change presents businesses and especially insurers with enormous challenges and opportunities.
The latest Government crime figures released today show a rise in recorded crime due to cyber offences being recorded for the first time.
The Association of British Insurers (ABI) is welcoming a move by the Ministry of Justice (MoJ) to tackle the growing number and cost of claims for noise induced hearing loss (NIHL).
Noise Induced Hearing Loss Claims: Improving the claims system for everyone
Draft London Safety Plan Consultation: A response by the Association of British Insurers
Today Mark Harper, The Minister for Disabled People, announced the levy on insurers that will pay a proportion of the costs of the Diffuse Mesothelioma Payment Scheme
The ABI has reiterated its call for the need for fixed legal fees to be introduced to curb excessive legal costs, that are making industrial deafness claims the new cash cow for claimant lawyers. In March 2014 3,500 notifications for industrial deafness were made to the Compensation Recovery Unit, compared to 1,000 in March 2012.
A new ABI report shows insurers have seen opportunistic claims for NIHL, also known as industrial deafness, significantly increase in recent years.
Cyber insurance should become as common a purchase for UK businesses as property insurance within the next 10 years, the Association of British Insurers (ABI) said today.
Solicitors professional indemnity insurance