News articles
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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…
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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…