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Association of British Insurers

Acronym: ABI

General Information

Identification Code: 730137075-36
Website: [object Object]
Entity Form: Not for profit organisation
Registration Category: Trade and business associations
Registration Date: 6/26/2008
Last Update: 2/21/2024
EP Accredited Number: 0

Mission & Interests

Goals: The Association of British Insurers is the voice of the UK’s world-leading insurance and long-term savings industry. A productive and inclusive sector, our industry supports towns and cities across Britain in building back a balanced and innovative economy, employing over 350,000 individuals in high-skilled, lifelong careers, two-thirds of which are outside of London. The UK insurance and long-term savings industry manages investments of over £1.6 trillion, contributes over £17.2bn in taxes to the Government and supports communities across the UK by enabling trade, risk-taking, investment and innovation. We are also a global success story, the largest in Europe and the fourth largest in the world. The ABI represents over 200 member companies, including most household names and specialist providers, giving peace of mind to customers across the UK.
Interests Represented: Promotes their own interests or the collective interests of their members
Interests:
  • Banking and financial services
  • Borders and security
  • Business and industry
  • Climate action
  • Competition
  • Consumers
  • Digital economy and society
  • Economy, finance and the euro
  • Employment and social affairs
  • Environment
  • External relations
  • Fraud prevention
  • Justice and fundamental rights
  • Public health
  • Single market
  • Taxation
  • Trade
  • Transport
Levels of Interest:
  • global
  • sub-national
  • national
  • european

Activities

Main EU Legislative Proposals: Solvency II, Insurance Distribution Directive, Packaged Retail Insurance based Investment Products (PRIIPs), General Data Protection Regulation (GDPR), Right To Be Forgotten, Long-term investment, IFRS, Insurance Recovery and resolution, Capital Markets Union (CMU), Green Deal, Sustainability, Data Act, Motor insurance, EU-UK Financial Regulatory Dialogue, climate change, Insurance Capital Standard, AI, AML, operational resilience.
Communication Activities: Consultation responses as appropriate. Attending events with EU institutions present. Meetings with European Commission officials involved in key initiatives if appropriate. Meeting with MEPs and MEP offices if appropriate. Use of/informing media as appropriate. Thematic publications as appropriate.
Inter-institutional or Unofficial Groupings: N/A

Head Office

Address: One America Square17 Crosswall
Post Code: EC3N 2LB
City: London
Country: UNITED KINGDOM
Phone: [object Object]

EU Office

Address: One America Square17 Crosswall
Post Code: EC3N 2LB
City: London
Country: UNITED KINGDOM
Phone: [object Object]

Financial Data

New Organisation: false
Closed Year: [object Object]
Current Year: [object Object]
Complementary Information: The ABI paid a membership fee of €310,161 to Insurance Europe which is included in the above (c) figure.

Membership Information

Members10 Percent: 1
Members25 Percent: 0
Members50 Percent: 0
Members75 Percent: 1
Members: 2
Members F T E: 0.8500000238418579

Structure

Structure Type: Structure
Is Member Of: A list of ABI member companies can be found on the ABI website https://www.abi.org.uk/About/ABI-members
Organisation Members: The ABI is a member of: Insurance Europe - http://www.insuranceeurope.eu Global Federation of Insurance Associations (GFIA) - http://www.gfiainsurance.org/en/