News articles
-
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…
-
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…
-
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…
-
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…
-
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…
-
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…
-
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…
-
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…
-
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…
-
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...