News articles
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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…
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Covid-19: Payouts of over £1.2 billion likely to be made to customers according to latest estimate from the ABI
25/04/2020
Initial estimates from the ABI (Association of British Insurers) indicate that its members expect to pay out over £1.2 billion in claims to support businesses and individuals affected by…
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Ministry of Justice to delay Whiplash Reform Programme
21/04/2020
The Ministry of Justice have today issued a Written Ministerial Statement announcing a delay to the implementation of the Whiplash Reform Programme until April 2021. Commenting on the…
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ABI warns against 'Pensions panic'
17/04/2020
With lockdown causing financial worries for many families, the ABI is warning people not to see their pensions as a quick way of raising cash, and to think twice...
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ABI comment on FCA letter to insurers, 'Insuring SMEs: Business Interruption'
15/04/2020
Following the release of the FCA's published letter to insurers, Insuring SMEs: Business Interruption, ABI spokesperson said: “This FCA clarification confirms the scope of pandemic insurance…
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ABI response to Flood Insurance Review 2020
14/04/2020
“Despite the challenges that Covid-19 has posed, insurers are continuing to help people get their lives back on track following...
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COVID 19 – Pay day for insurance and pension scammers
10/04/2020
The ABI is warning people to be on their guard against scammers looking to cash in on the financial hardship that Coronavirus is causing for many families and firms...
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Covid-19 – Pet Insurers agree commitments to reassure Britain's 7.7 Million Pet Insurance Customers
04/04/2020
The ABI is reassuring pet insurance customers that its pet insurance members will be offering enhanced help and support through a number of pledges to customers...
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Single trip insurance cover extension
02/04/2020
We welcome the Government’s announcement to assist with repatriation given the challenges that many people stuck abroad are facing. ABI members are committed to supporting their customers...