• ABI outlines effects of IPT increases
    • 26/10/2015
    • 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 [...]
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  • Motorists cutting corners with insurance
    • 13/08/2015
    • 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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  • £1.32 billion saved in insurance fraud
    • 13/07/2015
    • Posted by: Simon Wait
    • Category: News
    Honest insurance customers were saved £1.32bn from frauds uncovered in 2014 according to figures released by the Association of British Insurers (ABI). The new figures also highlighted the fact that dishonest motor insurance claims are the most common type of insurance fraud. The £3.6 million a day saved by [...]
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  • 80 year old test needs updating
    • 01/06/2015
    • Posted by: Simon Wait
    • Category: News
    On the 80th anniversary of the driving test, the Association of British Insurers (ABI) is urging the Government to start the long overdue process of modernising the way young people learn to drive to bring the UK in line with other major nations like the USA, Australia and New Zealand. Since the driving test became [...]
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  • UK premiums continue to fall
    • 01/05/2015
    • Posted by: Simon Wait
    • Category: News
    The average price paid for private comprehensive motor insurance fell in the first quarter of 2015, over the previous quarter according to the ABI’s latest Quarterly Average Private Comprehensive Motor Insurance Premium Tracker published today. Since the first quarter of 2013, insurers have passed on nearly £1bn [...]
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