The Association of British Insurers - ABI

   

The ABI (Association of British Insurers) represents the collective interests of the UK's insurance industry. The Association speaks out on issues of common interest; helps to inform and participate in debates on public policy issues; and also acts as an advocate for high standards of customer service in the insurance industry.

The Association has around 400 companies in membership. Between them, they provide 94% of domestic insurance services sold in the UK. ABI member companies account for almost 20 per cent of investments in the London stock market.

The ABI's policy work is organised around four main policy departments: General Insurance; Life and Pensions; Financial Regulation and Taxation and Investment Affairs.In addition, the ABI has an expert Research and Statistics Department, and represents the insurance industry to external audiences through its Media and Political Affairs and European and International teams.

The ABI organises a large number of conferences, seminars and other events for the insurance industry. It also publishes research reports and policy documents.

The Association was formed in 1985 when a number of existing industry bodies joined together, notably the British Insurance Association, the Life Offices' Association, the Fire Offices Committee and the Accident Offices Association.Previously, the UK insurance industry was represented only by these specialist associations.

The creation of the ABI meant that all sectors of the insurance company market could now speak through a single organisation.

The ABI is funded by the subscriptions of member companies.

The ABI is based at 51 Gresham Street in the City of London.

More Information at ABI Website


ABI Press Releases on this site 


January 2012  From Aberconwy to York, Boston to Windsor - ABI Highlights the serious Flood Risk facing communities in England and Wales

November 2010 UK flood damage costs up 200%

October 2009 Insurance advice from the ABI about The Postal strike (on blog site)

December 2008: Insurance for your pet could be the best present you buy this Christmas

November 2008: ABI calls for flood defences spending to help boost economy

November 2008: The UK's whiplash epidemic is adding an extra £66 a year to the average motor insurance premium

July 2008: Agreement on Flood Insurance is good news for customer and Floods agreement addresses public concerns

July 2008: New ABI consumer guides on HIV and insurance published

July 2008: Insurers detect record amounts of motor fraud: £5 million a week

June 2008: ABI June 2008 Press Releases Flooding in Uk - Pitt report on the 2007 summer floods must be acted on says the ABI Scotland getting it right on managing flood risk says the ABI

June 2008: Public demand more action to reduce flooding - opinion research published by the ABI

June 2008: Insurers widen access to home insurance in the North East

June 2008: Framework for a Fairer Future – The Equality Bill - ABI  

June 2008: Insurance industry responds to Competition Commission’s findings on Payment Protection Insurance (PPI)

May 2008: Flash floods hit west of England 29th May 2008

May 2008: ABI welcomes Government plans for a floods and water bill 

May 2008: Insurance comparison websites must give customers clear and accurate information says the ABI - 

May 2008: Government's young driver proposals a first step, but more needs to be done says the ABI -

April 2008: Tripartite system of financial regulation needs to improve, say insurers. The special resolution regime is not the way.

April 2008: Private Medical Insurance coverage rises again

April 2008: ABI : Flood resilience kitemark needed for new homes

March 2008:  Calls grow for the Government to act now on reforming personal injury compensation - ABI

March 2008: Learn to drive, not drive to learn - latest ABI research shows the real risks faced by young drivers-

February 2008: Unsaleable, Uninsurable, Uninhabitable – Tougher Planning Controls Needed for New Homes says the ABI

February 2008: Coping with a crisis: ABI advice on protecting your financial needs

January 2008:  ABI Expands its Public Affairs team

January 2008: Customers will benefit from pioneering new insurance industry commitment on protection insurance claims

January 2008: ABI proposals to give consumers more transparent financial advice. Industry calls for strong partnership to deliver implementation

July 2007 : ABI (Association of British Insurers) states 50,000 claims at 27th July 07

July 2007: ABI appoints a new Chairman

July 2007:  Insurers dealing with claims as quickly as possible says the ABI


See also: 

Financial Services Authority - FSA

British Insurance Brokers' Association  - BIBA

The Chartered Insurance Institute - CII

The Financial Ombudsman Service

Office of Fair Trading (OFT)

The Irish Insurance Federation (IIF)

Irish Financial Services Regulatory Authority - IFSRA


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