Senior industry leaders have come together to form a new Investment Delivery Forum which will act as a ca...
ABI welcomes passage of Automated Vehicles Bill
As the Automated Vehicles Bill has completed its parliamentary passage in the House of Lords, the ABI has welcomed the passing of the Bill, which will now receive Royal Assent....
As the Automated Vehicles Bill has completed its parliamentary passage in the House of Lords, the ABI has welcomed the passing of the Bill, which will now receive Royal Assent....
PR / 3 days ago
Motor premiums stabilise but cost to insurers mount
Motor premiums increased by just 1% in the first quarter of 2024, indicating an easing of rises seen in 2023. 1 However, insurers continue to absorb growing costs, with the average claim paid...
Motor premiums increased by just 1% in the first quarter of 2024, indicating an easing of rises seen in 2023. 1 However, insurers continue to absorb growing costs, with the average claim paid...
Article / 14 days ago
ABI takes action on motor premium finance
Principles aimed at managing the cost of paying-monthly for motor insurance....
Principles aimed at managing the cost of paying-monthly for motor insurance....
Article / 18 days ago
Motor insurers pay out record amounts to help keep motorists mobile
Average of £1.13 million paid out every hour in motor claims last year....
Average of £1.13 million paid out every hour in motor claims last year....
PR / 1 month ago
Insurers Take Steps to Tackle Motor Cover Costs
Insurers announce actions to bring down costs after premiums increased 25% in 2023...
Insurers announce actions to bring down costs after premiums increased 25% in 2023...
PR / 3 months ago
Motor Insurance Premiums Continue to Rise as Insurers Battle Costs
Figures released today show the average price paid for motor insurance has continued to rise. Costs are up 12% on the previous quarter (Q4 vs Q3 2023), driven...
Figures released today show the average price paid for motor insurance has continued to rise. Costs are up 12% on the previous quarter (Q4 vs Q3 2023), driven...
PR / 3 months ago
‘Changes' in motor market offer ‘exciting' opportunities for industry - Insurance Times
ABI director believes that reducing insurance premium tax could 'immediately help' the affordability of motor premiums...
ABI director believes that reducing insurance premium tax could 'immediately help' the affordability of motor premiums...
Article / 3 months ago
Weathering the Storm
Insurers expect to pay out an estimated £560 million to help customers who suffered damage caused by recent Storms Babet, Ciaran and Debi that struck in October and November according to figures out today from the...
Insurers expect to pay out an estimated £560 million to help customers who suffered damage caused by recent Storms Babet, Ciaran and Debi that struck in October and November according to figures out today from the...
PR / 5 months ago
Stuck in overdrive! Record motor insurance payouts keep motorists moving.
Lifting the lid on what has been driving motor premium rises....
Lifting the lid on what has been driving motor premium rises....
PR / 6 months ago
Increased cost of materials and labour continue to push up price of motor insurance in the last quarter
Following successive quarterly increases in costs, some insurers have reported further Q3 increases of 16% for materials, 15% for...
Following successive quarterly increases in costs, some insurers have reported further Q3 increases of 16% for materials, 15% for...
PR / 6 months ago
