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Average premiums lowest for seven years
- 9 May 2022
- Posted by: Alan Feldberg
- Category: News
The average price paid for motor insurance in the first quarter of 2022 fell by five per cent to its lowest level in nearly seven years According to the Association of British Insurers Premium Tracker, the average price paid for comprehensive motor insurance was £416, the lowest average premium since the third [...] -
Motor insurance sinks to five-year low
- 5 August 2021
- Posted by: Alan Feldberg
- Category: News
Motor insurance is at a five-year low, according to the ABI’s latest Motor Insurance Premium Tracker It found that for the second quarter of the year the average price paid for comprehensive motor insurance was £430, down £6 on the previous quarter and £30 over the last year Meanwhile, over the first six [...] -
Motor premiums down to 2016 levels
- 4 May 2021
- Posted by: Alan Feldberg
- Category: News
The average price motorists paid for their motor insurance in the first quarter of 2021 fell to its lowest level since 2016 According to the ABI’s latest Motor Insurance Premium Tracker, the average price paid for comprehensive motor insurance in the first quarter of this year was £436 This was down £32 on [...] -
Industry cautious about ALKS announcement
- 28 April 2021
- Posted by: Alan Feldberg
- Category: News
The government has announced that self-driving cars could be allowed on UK motorways by the end of the year The Department for Transport has confirmed that automated lane-keeping systems (ALKS) will be the first type of hands-free driving to be legalised, with speeds limited to 37mph Drivers will still need to [...] -
ABI calls for national cyber database
- 23 May 2016
- Posted by: Simon Wait
- Category: News
The ABI is today calling for a national, anonymised database recording details of cyber incidents at businesses to be established in order to help the UK become a world leader in cyber insurance The not-for-profit database would contain details of cyber incidents including business interruption losses, ransom demands, [...] -
ABI outlines effects of IPT increases
- 26 October 2015
- Posted by: Simon Wait
- Category: News
With less than a week to go until Insurance Premium Tax (IPT) increases on the 1 November 2015, the Association of British Insurers (ABI) is setting out the key facts about who will be affected by the change The standard rate of Insurance Premium Tax - the tax paid each time an insurance policy is purchased in the [...] -
ABI calls for clampdown on rogue claims companies
- 9 September 2015
- Posted by: Simon Wait
- Category: News
The public continues to be plagued by nuisance calls or texts from companies encouraging them to claim for compensation, such as for personal injury, according to the ABI Despite measures aimed at curbing their activities, nearly half of Briton’s say they have been contacted by one of these companies within the [...] -
Public fights back against insurance cheats
- 8 September 2015
- Posted by: Simon Wait
- Category: News
The UK public is being thanked by the Insurance Fraud Bureau (IFB) for fighting back against insurance cheats and reporting valuable information they have about insurance fraud to the IFB’s ‘Cheatline’ In 2014 over 500 reports were made to the Cheatline every month by members of the public, 6,347 reports in [...] -
Insurers warn of ‘ghost brokers’
- 14 August 2015
- Posted by: Simon Wait
- Category: News
Motorists should steer clear of cheap insurance deals sold in pubs, clubs, campuses and on dubious websites, according to the ABI So-called ‘ghost brokers’ sell cheap, but counterfeit, motor insurance policies, leaving drivers at risk of having to pay out for themselves following accidents The Association [...] -
Motorists cutting corners with insurance
- 13 August 2015
- Posted by: Simon Wait
- Category: News
Thousands of motorists are paying a high price, in some cases driving illegally, by cutting corners when buying motor insurance according to latest figures out today from the ABI (Association of British Insurers) ABI research shows that in 2014 insurers uncovered 212,000 attempted dishonest applications for motor [...]
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