News articles
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Driving on - motor insurers paying out a record amount to motorists
20/11/2018
Over £23 million paid out every day this year by motor insurers, the highest on record. Cost of theft claims up by a third, with repair costs also rising. But a highly competitive market and…
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Relief for drivers as average motor insurance premiums continue to drop
25/10/2018
Average motor premium drops for third quarter in a row, to £471 Strong progress of Civil Liability Bill possible cause of the fall Lower costs only sustainable if Government leaves Insurance Premium…
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ABI's response to the Government's technical guidance for vehicle insurance in a No Deal Brexit scenario
24/09/2018
Hugh Savill, Director of Regulation at the Association of British Insurers, said: “The Government and motor insurance bodies across Europe have already agreed a plan to keep the UK in the EU’s car…
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Civil Liability Bill cost benefit amendment - insurers ready to provide evidence
06/09/2018
Commenting on the cost benefit amendments being put forward as part of the Civil Liabililty Bill, Head of Motor and Liability at the Association of British Insurers (ABI), Rob Cummings…
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Public back reform to whiplash compensation
31/08/2018
Majority of the public positive about measures to fix the UK’s broken personal injury compensation system. Overwhelming view that legal costs are too high. Most people back Government plans to…
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Insurtech firm By Miles joins ABI as Associate Member
09/08/2018
By Miles has become the ABI’s latest startup associate member. By Miles is an insurance startup that provides pay-as-you-drive insurance designed for UK drivers that travel fewer than 7,000 miles a…
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Cost of motor insurance falls for second successive quarter
27/07/2018
First year-on-year quarter fall since 2014 but lower insurance costs only sustainable if personal injury reforms implemented in full The average price paid for comprehensive motor insurance in…