ABI: Quicker compensation for mesothelioma claimants

Thursday, 20, Jul 2006 04:39

INSURERS COMMITTED TO QUICKER COMPENSATION FOR MESOTHELIOMA CLAIMANTS

Responding to today's announcement by John Hutton, Secretary of State for Work and Pensions, on steps to improve the system for compensating mesothelioma claimants, Nick Starling, the ABI's Director of General Insurance, said:

" Insurers agree with the Government that action is needed to ensure that compensation is paid to mesothelioma sufferers quickly and efficiently.

" We have already agreed with the Government measures to make the current compensation system work better. We now need more fundamental reform to remove the need for lengthy legal processes, and to streamline the system."

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Notes for Editors

1. Enquiries to:

Malcolm Tarling 020 7216 7410 (Mobile: 07776 147 667)

Jonathan French 020 7216 7392 (Mobile: 07958 330 480)

Lucy Butler 020 7216 7411 (Mobile: 07712 841 184)

2. The ABI is the trade association for Britain's insurance industry. Its nearly 400 member companies provide over 94% of the insurance business in the UK. It represents insurance companies to the Government, and to the regulatory and other agencies, and is an influential voice on public policy and financial services issues. ABI member companies hold up to a sixth of all investments traded on the London Stock Exchange, on behalf of millions of pensioners and savers.

3. An ISDN line is available for broadcasts.

Copies of all ABI news releases, together with other information from the Association, can be seen on our website http://www.abi.org.uk