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You are here: Home / Archives for Association of British Insurers

UK Insurers Report Collision Repair Costs Up 5% in 2018

November 20, 2018 By CollisionWeek Editor

Association of British Insurers

Motor insurance pay-outs so far this year have reached a record level with over £23 million ($29.5 million) being paid every day, according to figures out today at the ABI’s Motor Conference. The pay-outs cover theft, own vehicle and third-party property damage, as well as personal injury compensation. Rising repair bills and theft claims are […]

Filed Under: News Tagged With: Association of British Insurers, Claims Severity, United Kingdom

Thatcham Research and ABI Say Carmaker Use of the Word ‘Autonomous’ Dangerous

June 15, 2018 By CollisionWeek Editor

Thatcham Research and the Association of British Insurers (ABI) issued an urgent call to carmakers and legislators for greater clarity around the capability of vehicles sold with technology that does more and more driving on behalf of motorists. The call comes in the wake of growing reports of people crashing while over-relying on technology which […]

Filed Under: News Tagged With: Association of British Insurers, Autonomous Vehicles, Thatcham Research

Cost of Car Insurance in UK Costs 10% of a Young Driver’s Salary

February 6, 2018 By CollisionWeek Editor

Growth of injury claims and taxes drive higher costs for young people. All their salary for the year to date would go to pay auto insurance premiums. The Association of British Insurers (ABI) reported further evidence of the need to tackle rising motor insurance premiums – the cost of car insurance now gobbles up 10 […]

Filed Under: News Tagged With: Association of British Insurers, Auto Insurance, Auto Insurance Affordability, United Kingdom

UK Insurance Association Calls for International Crash Data Standards for Autonomous Vehicles

November 22, 2016 By CollisionWeek Editor

ABI logo

Association of British Insurers and Thatcham call for standardized data set to help with liability assignment after a crash by an autonomous vehicle and to improve vehicle manufacturer systems. British insurers are leading efforts to have a standard set of data agreed at an international level which would be easily available in the event of […]

Filed Under: News Tagged With: Association of British Insurers, Autonomous Vehicles, Regulations, Thatcham Research

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