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Your search for Annual General Insurance Overview Statistics 2014 resulted in 72 hits
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Events
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Case study 11: ABI submission to financial advice working group
ABI Rules of Thumb for Retirement Taking Your Money Pension Wise is free, independent and impartial. Talk to them to get help understanding your retirement choices. When considering your options…
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Case study 26: ABI and BIBA code of good practice regarding support for potentially vulnerable motor and household customers at renewal
In 2016, The Association of British Insurers (ABI) and the British Insurance Brokers’ Association (BIBA) launched a joint Code of Good Practice to help insurers and insurance brokers recognise and…
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Events
Why Insurance Matters 2019
Association of British Insurers - UK Head Office - London
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FAQ
How is my premium (the cost of an insurance policy) calculated?
Insurers use risk data to calculate the likelihood of the event you are insuring against happening. This information is used to work out the cost of your premium. The more likely the event you are insuring against is to occur, the higher the risk to the insurer and, as a result, the higher the cost of your premium.
An insurer will take two important factors into account when working out the premium they will charge:
- How likely is it in general terms that someone will need to make a claim?
- Is the person who wants to take out a policy a bigger or smaller risk than the ‘average’ policyholder. Your medical history can help to inform this.
To find out more about how insurance works in the UK, you can read the ABI’s guide here.
There are specialised insurance brokers who can help to identify different insurance companies or products for those with complex and pre-existing health conditions, and details of these are provided by some patient groups.
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Events
Motor Conference 2018
Grange Tower Bridge Hotel - Tower Bridge
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Future Leaders
The ABI Future Leaders programme is for up and coming senior insurance industry leaders. The programme was created in consultation with insurers to complement and add to the development pathways of their most promising senior leaders. Our Commitment to Diversity We are an industry with heart and soul, driven by a diverse and inclusive community of passionate people who are making a difference throughout the world and we know that our greatest strengths come from the people who make up our team. We know that we will need more than words to fight racism, intolerance, and inequality and as such, are taking steps to help create more opportunities and build a more inclusive and diverse future. We therefore strongly encourage members to submit applications to the programme from candidates from diverse environments including taking race, gender, sexuality, cultural background, disability and social mobility into consideration.
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John Uwagboe
John migrated to the UK from Nigeria in 2008 to study at the University of St Andrews, where he obtained a master’s degree in Management and Information Technology. He then joined Lloyds Banking…
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Crash for cash
What is crash for cash? Crash for cash scams are run by fraudsters who stage accidents, sometimes with innocent road users, to profit from fraudulent insurance claims. How does crash for cash…
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ABI Candidate Privacy Notice
This notice describes how the ABI collects and uses personal information about you during the application and recruitment process, in accordance with the General Data Protection Regulation (GDPR) and UK data protection laws.