Chris Bose, director of general insurance and international at the ABI, told the committee insurers paid close to £12 billion in motor claims in 2024, alongside £6.1 billion in property claims and £500 million in travel claims. Graeme Trudgill, chief executive of BIBA, said the association’s approximately 1,800 member firms place around £150 billion of premium annually, with brokers handling roughly a third of the personal lines market.
