The Association of British Insurers (ABI) has revealed its new strategy for 2023 to 2026.
“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,” said ABI director general Hannah Gurga.
“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.”
For the next three years, the trade body will be focussing on the following outcomes for the UK insurance and long-term savings sector: being trusted by customers, investing in people and the planet, and having an effective market.
“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,” commented ABI chair Rt. Hon. Baroness Nicky Morgan.
“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.”
Morgan said she looks forward to ensuring that the board supports the ABI team and members in realising the opportunities for both the industry and the economy.
Underpinned by the new “Together, driving change to build and protect a thriving society” purpose of the ABI, the 2023-2026 strategy is outlined here.
