News articles
-
Competition is keeping the cost of motor insurance flat, but for how much longer?
30/10/2019
Despite increasing cost pressures, the average price paid for motor insurance in the third quarter of the year remained flat, as drivers continued to benefit from a competitive motor insurance…
-
Millions of motorists unaware of no-deal Brexit motor insurance green card requirement
10/10/2019
Populus research commissioned by the British Insurance Brokers’ Association and the Association of British Insurers warned: More than half (55%) do not realise they must carry a motor…
-
Discount Rate in Scotland
30/09/2019
This is a bad outcome for Scottish insurance customers and taxpayers that does not reflect the real world environment of how investment decisions are made...
-
Brexit and Green Cards
27/08/2019
Responding to the news that drivers from the Republic of Ireland to Northern Ireland will not require a Green Card, ABI said: “We welcome the co-operation between the UK Government and the…
-
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…
-
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…
-
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…
-
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…
-
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…
-
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…