Association of British InsurersInsuranceInsurance AnnouncementsInsurance ClaimsInsurance News ABI reiterates call for government to slash IPT, Bit like squeezing a balloon, Note no calls on the ABI to reduce premiums as a result of whiplash reforms?but they want to reduce tax! More #bollocks When I read any type of statement from the ABI , you can see…Tim Kelly31st January 2020
Association of British InsurersEthics in insuranceInsuranceInsurance NewsMarket Prices How long ago was it #Insurers were stamping their feet at George Osbourne Demanding Reforms on #whiplash so they could reduce #premiums for the honest #consumer #PREMIUMS RISE Willis Towers Watson and Confused warn of future increases as they publish data for…Tim Kelly21st January 2020
Association of British InsurersFinancial Conduct Authority?regulatory #FCA warns insurance managers to tackle misconduct ( Motorclaimguru keeps warning Motor insurers of the Statutory obligations under FSMA2000) Not addressing non-financial misconduct may lead managers to fail the SM&CR. The Financial Conduct Authority…Tim Kelly9th January 2020
Association of British InsurersBody RepairsConsumer LawRegulationsVehicle Claims Can I use my Own Choice of Bodyshop? #choice #treatingcustomersfairly #law #yourlegalrights The customer's entitled to choose who's repairs their vehicle, This is covered under the following…Tim Kelly13th December 2019
Association of British InsurersClaimsCrimeFinancial Conduct Authority?regulatoryInsuranceInsurance ClaimsInsurance NewsPolicy Details & Highlights Helping #Claims handlers Draw the line between #fraud and policy misinterpretation #repudiatedclaims No-one wants to be conned, but at the same time it wouldn’t be good practice…Tim Kelly3rd December 2019
Association of British InsurersConsumer LawDisputed vehicle value FOS findingFinancial Conduct Authority?regulatoryFinancial Ombudsman FindingsLawRegulationsVehicle Valuation When a #consumer raises a #complaint with the #FOS @financialombuds how should the FOS review the complaint? #FSMA2000 #DISP #CONRED Tim Kelly29th November 2019
Association of British InsurersConsumer LawFinancial Conduct Authority?regulatoryInsuranceInsurance ClaimsInsurance News #Technology can help insurers respond to #FCA on charges of poor customer service #Treatingcustomersfairly Tim Kelly26th November 2019
Association of British InsurersFinancial Conduct Authority?regulatoryRegulations FCA finalises UK insurance distribution chain guidance FG 19/5 The GI distribution chain: Guidance for insurance product manufacturers and distributors Tim Kelly26th November 2019
Association of British InsurersAutonomousClaimsInsurance ClaimsIntelligenceRepair CoststechnologyVehicle ClaimsVehicle Manufacturers #ADAS might be starting to eat into vehicle repair frequency, Insurers argue claims cost are rising, premiums increase?but what if ADAS equipped have less accidents? premiums decrease? A CCC analyst on Tuesday said market data appears to show later-model vehicles getting into…Tim Kelly18th October 2019
Association of British InsurersClaimsEthics in insuranceFinancial Conduct Authority?regulatoryInsuranceInsurance AnnouncementsInsurance ClaimsInsurance NewsMarket PricesPolicy Details & HighlightsRepair Costs #warning ! @abi Blame anthing they can to maintain #profits. Fall in the cost of motor insurance stalls, as the #ABI warns of a bumpy road ahead for #motorists. Average motor insurance costs rose slightly in Q2 2019, signalling an end to the decreases…Tim Kelly14th October 2019