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Number of insurers offering apprenticeships increases by 47%

To celebrate National Apprenticeship Week in the UK – the Association of British Insurers (ABI) has today revealed that the number of its members offering apprenticeship schemes has increased by 47% since the introduction of the Government’s apprenticeship levy. More than half of insurers were already doing so before the levy’s implementation, but the figure is now above three-quarters (82%).

This is according to the ABI’s inaugural Diversity and Inclusion data collection, sourced from November 2017 to January 2018. The same figures revealed that an estimated £55 million is spent by the industry on training and development per year, including apprenticeships, management training and mentoring programmes targeted at the underrepresented within firms.

Commenting on the statistics, the ABI’s Director General Huw Evans, said:

“The insurance industry has a strong track record of developing and nurturing talent, as demonstrated by the number of industry leaders that rose through the ranks to get to where they are today. This data demonstrates that firms are now investing huge amounts in providing alternative routes into the industry, and to see such an increase in the number of our members offering apprenticeships is very promising.”




Notes for Editors


Enquiries to:
Malcolm Tarling                        020 7216 7410    Mobile: 07776 147667
Sarah Cordey                           020 7216 7375    Mobile: 07860 189071
Dominic Stannard                     020 7216 7350    Mobile: 07889  641702
Melanie Fernandes                   020 7216 7660    Mobile: 07720497617


1. The Association of British Insurers is the voice of the UK’s world leading insurance and long-term savings industry.

A productive, inclusive and thriving sector, we are an industry that provides peace of mind to households and businesses across the UK and powers the growth of local and regional economies by enabling trade, risk taking, investment and innovation.


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3. More news and information from the ABI is available on our web site, www.abi.org.uk.

Last updated 09/03/2018