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BIBA supports Transport Committee motor insurance fraud report

The British Insurance Brokers' Association (BIBA) says it is pleased with the Transport Committee's report to tackle fraudulent and exaggerated motor insurance claims (see article).

Graeme Trudgill, BIBA's executive director, said: "We support any measure that will help to protect innocent customers and the industry from the added cost of fraudulent insurance claims which increase the premium for every policyholder.

"BIBA and our motor panel have been calling for laws to be changed to help tackle fraudulent and grossly exaggerated claims so we welcome the Select Committee's recommendations in these areas. Medical examinations to diagnose genuine whiplash injuries are important and we made a call to action in our 2014 Manifesto for an independent medical panel to be established.
 
"We support Louise Elllman's call for the Government to publish its comprehensive proposals for the new medical panels and timescales. We also support the move to ban solicitors offering inducements like tablet computers to encourage people to make a claim."
 
Steve White, BIBA's chief executive, said: "We are pleased that the Committee has acknowledged that motor insurance premiums are falling. The BIBA-Acturis Insurance Price Index shows that for the second year in a row, motor insurance has dropped by around 5.5% in the first quarter. We believe that the comprehensive measures set out in the report today, including improved data sharing about potentially fraudulent claims and stricter controls over solicitors pursuing false or exaggerated injuries, will all have a positive impact on this serious issue."
 
BIBA and its motor panel is committed to supporting the Government in assisting with taking these recommendations forward in order to ensure fair premiums for motorists.
 

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