ABI reveal 2023-2026 strategy

The Association of British Insurers (ABI) has revealed its plans for the next three years, with the trade body focussing on trust, investment in people and the planet, and increasing security for customers as part of a more effective market.

Related topics:  insurance,  ABI,  business,  trade body
Warren Lewis
22nd February 2023
strategy concept

ABI highlighted that the key to achieving all of these ambitions would be guided by their "long-established values: to be brave, to be curious, to take ownership, to show appreciation and to be human."

Hannah Gurga, ABI director general, has said:

"Our new purpose and strategy set the direction for the ABI, bringing together key stakeholders and partners to drive positive change for our members, customers, and wider society. Our industry is uniquely placed to support society, the economy, and our planet.

"We stand ready to forge a new era of partnership between business and the state to tackle the long-term challenges we face, and as we seize the opportunities to protect and build a thriving society."

ABI chair Rt. Hon. Baroness Nicky Morgan said she looked forward to ensuring that the board supports the ABI team and members in realising the opportunities for both the industry and the economy.

Nicky Morgan added:

"The focus provided by the ABI’s new strategy is key to securing positive outcomes for consumers and wider society, bringing with it the main partners needed to drive change. We are already making progress on the critical issues that will define the years ahead, including supporting the transition to UK becoming the first net zero-aligned financial centre."

ABI's 2023-2026 strategy can be read in full here.

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