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
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
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: 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
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: Government's young driver proposals a first step, but more needs to be done says the ABI -
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
February 2008: Coping with a crisis: ABI advice on protecting your financial needs
January 2008: ABI Expands its Public Affairs team
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
The Irish Insurance Federation (IIF)
Irish Financial Services Regulatory Authority - IFSRA
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