Our Vision and Mission
Last updated:
12/02/2010 18:13
The insurance industry has undergone a great deal of change in recent years. And that has been reflected by change in the ABI as well.
Following a comprehensive review of the Association's role and organisation, the ABI Board agreed this statement of the ABI's Vision and Mission.
The Vision for the industry and the ABI
A sustainably profitable and growing insurance industry in the UK.
An industry trusted and recognised as contributing to society and the economy.
An economic and public policy climate conducive to a flourishing industry.
A trade body (ABI) recognised as providing active leadership and an authoritative collective voice for the saving and protection products industry in the UK.
The ABI's mission
To provide leadership on issues bearing on the industry's collective strength and image and to shape and influence decisions made by the Government, regulator and other public authorities, within and outside the UK, in order to benefit the industry collectively.
This will be achieved on an active, collective and non-competitive basis by:
Pro-active research, policy analysis and lobbying to secure improvement in the legal and regulatory framework.
Analysis and representations in response to initiatives from others which affect the industry.
Being recognised as a leading contributor to public policy thinking on issues relevant to insurance and financial services more generally.
Presenting a positive image of the industry to the media and other opinion-formers.
providing leadership and guidance to the industry on issues which may affect its public image and reputation.
Maintaining staff of high calibre and relevant skills, working under the guidance of the Board and its committees, focussed on delivering the mission.
ABI will provide other services to member companies which benefit the industry collectively; which support the mission; which can be provided without diversion of resources from the core functions; and which cannot be done more effectively by any other body.