News articles
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Motor claims fell significantly in Quarter 2, though the average claim value reached a record high
02/09/2020
As expected, the number of motor insurance claims notified to insurers in the second quarter of the year fell significantly according to figures out today from the Association of British Insurers (ABI).
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ABI Comment on The CityUK report 'Recapitalisation essential to protect UK jobs and prevent SMEs failing'
16/07/2020
The CityUK has published a new report, 'Recapitalisation essential to protect UK jobs and prevent SMEs failing'.
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Joint statement from the ABI and BMA
19/06/2020
The ABI has addressed questions raised by the BMA about life insurance and income protection applications for healthcare workers during the Coronavirus pandemic
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ABI responds to open letter from small business owners and representatives
26/05/2020
The ABI has responded to an open letter from small business owners and representatives regarding business interruption insurance and COVID-19. In the response, ABI Director General…
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ABI responds to open letter from beer and pub industry coalition
20/05/2020
In the response Director General, Huw Evans, acknowledges the uncertainty the COVID-19 crisis has created for many businesses, particularly in the hospitality sector and outlines the industry…
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Insurance and long-term savings industry launches fund to support people worst affected by Covid-19
18/05/2020
The UK insurance and long-term savings industry today launches a new fund to help support some of the people hardest hit by the Covid-19 crisis. The Covid-19 Support Fund aims to raise…
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ABI Responds to FCA announcement on additional COVID-19 Measures
14/05/2020
Today the FCA announced measures to help insurance customers who may be suffering financial difficulties as a result of coronavirus. Commenting on these measures, an ABI spokesperson said…
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ABI backs Government plans for a temporary reinsurance scheme so businesses can continue to access trade credit insurance
13/05/2020
The ABI welcomes today’s Government announcement that it intends to develop a government-backed temporary reinsurance scheme to help businesses recover from the impacts of COVID-19. The scheme…
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ABI Comment on FCA Statement on SMEs and business interruption
01/05/2020
Commenting on the FCA statement on insuring SMEs and business interruption, ABI Director General, Huw Evans, said: “This is a welcome step from the FCA and insurers will look to work closely…
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ABI and ACSO Statement of Intent for progressing claims during the Covid-19 crisis
27/04/2020
The ABI and the Association of Consumer Support Organisations (ACSO) have worked together to develop a Statement of Intent for progressing claims during the COVID-19 crisis. The Statement of Intent…
