ABI Director General comments on outcome of the 2015 General Election for the UK insurance sector

Following the result of the 2015 General Election, Huw Evans, ABI Director General, said in his blog:

"For the insurance industry, this is a Government we can work with. This is a government that will deliver Flood Re as agreed, be interested in further reforms to the Motor market and with which we have been working intensively to deliver the reforms to the long-term savings market. It believes in the London Market and wants to see the UK remain a global centre of excellence in insurance.

"But it will be far from business as usual with more emphasis on consumer initiatives, more changes to pension tax relief and the challenge to the UK’s membership of the EU."