Industry updates

MyLicence

The MyLicence initiative has been introduced by the Association of British Insurers (ABI) and Motor Insurers’ Bureau (MIB) to provide insurers and consumers with the opportunity to facilitate risks ba

Flood Re

The Flood Re scheme is a not-for-profit flood reinsurance fund, owned and managed by the insurance industry, and established to ensure that those domestic properties in the UK at the highest risk of f

The Competition and Markets Authority review

The Competitor Markets Authority (CMA) conducted a review into the Private Motor insurance market, and from this review a number of recommendations have been proposed, including: