The Association of British Insurers (ABI) is the trade body for insurance companies with around 400 members accounting for almost 97% of the worldwide business of UK insurance companies.
ABI provides leadership on issues affecting the industry's future and image; it shapes and influences decisions made by the Government, regulator and other public authorities, within and outside the UK, in order to benefit the industry collectively and communicates on its behalf to the media and other stakeholders. ABI provides a range of services to members to underpin this role.
ABI members have substantial holdings invested in company shares and other assets on behalf of millions of savers in the UK and elsewhere. ABI takes an active part in issues surrounding corporate governance and socially responsible investment.
Our 'Key Facts' document provides details about the insurance industry. To view it please click here.
For a comprehensive guide to insurance and insurance products, please consult the Information for Consumers section of our main website.
For contact details of ABI member insurance companies click here.
Otto Thoresen: 'Pension providers are committed to ensuring value for money, transparent pensions – average pension charges have been falling steadily over the last decade and are now at their lowest ever levels'.
Insurers paying out in excess of £450 million every day to UK customers – ABI publishes ‘UK Insurance Key Facts 2014’.
The Competition & Markets Authority’s failure to tackle the excessive charges made by credit hire firms for replacement vehicles is bad news for consumers.
Paul Evans, Chairman, ABI: 'The news that Britain’s next EU Commissioner, Lord Hill, has been appointed to the new post of Financial Stability, Financial Services and the Capital Markets Union is very welcome'.
Otto Thoresen: “As a trade association, of course we are disappointed by the resignation of a member, however the ABI’s continuing strong membership represents over 90% of the insurance sector".