BIBA WELCOMES UK GOVERNMENT FRAUD COMMITMENT

The British Insurance Brokers’ Association (BIBA) has welcomed the government’s commitment to implementing all the 26 recommendations made by the insurance industry’s Fraud Taskforce, which called on the government to introduce reforms for personal injury compensation claims, in particular those for whiplash injuries. Graeme Trudgill, BIBA executive director said: “As well as implementing the recommendations that resulted from the hard work of the Insurance Fraud Taskforce, the changes announced earlier this year to the regulation of claims management companies will really make a dent in this problem creating fairer outcomes for customers and insurers alike.” Last week, the UK’s Economic Secretary to the Treasury said that the government accepts all of the recommendations and will set out in due course how it proposes to implement them.