Association of British Insurers
Budget
€300 — €0
EP Access
0
accredited persons
Staff
2
0.6 FTE
EU Grants
None
Mission & Goals
The ABI is the voice of the UK’s world-leading insurance and long-term savings industry, which is the largest sector in Europe and the third largest in the world. We represent more than 300 firms within our membership, including most household names and specialist providers, providing peace of mind to customers across the UK. On behalf of our members, we work closely with the UK’s governments, HM Treasury, regulators, consumer organisations and NGOs, to help ensure that our industry is trusted by customers, is invested in people and planet, and can drive growth and innovation through an effective market. A productive and inclusive sector, our industry supports towns and cities across Britain in building a balanced and innovative economy, employing over 300,000 individuals in high-skilled, lifelong careers. Our members manage investments of £1.4 trillion, contribute £18.5 billion in taxes to the Government and support communities and businesses.
EU Legislative Interests
Solvency II, Insurance Distribution Directive, Packaged Retail Insurance based Investment Products (PRIIPs), Retail Investment Strategy, General Data Protection Regulation (GDPR), Right To Be Forgotten, Long-term investment, IFRS, Insurance Recovery and resolution, Capital Markets Union (CMU), Green Deal, Sustainability, Data Act, Motor insurance, EU-UK Financial Regulatory Dialogue, climate change, Insurance Capital Standard, AI, AML, operational resilience, AI Act, FIDA, EU-UK relations, operational resilience.
Communication Activities
Consultation responses as appropriate. Attending events with EU institutions present. Meetings with European Commission officials involved in key initiatives if appropriate. Meeting with MEPs and MEP offices if appropriate. Use of/informing media as appropriate. Thematic publications as appropriate.
Interests Represented
Promotes their own interests or the collective interests of their members
Member Of
The ABI is a member of: Insurance Europe - http://www.insuranceeurope.eu Global Federation of Insurance Associations (GFIA) - http://www.gfiainsurance.org/en/
Organisation Members
A list of ABI member companies can be found on the ABI website https://www.abi.org.uk/About/ABI-members
Additional Information
The ABI paid a membership fee of €348,861 to Insurance Europe of which 80% is calculated as declarable to the register. This is included in the above figure.
Commissioner Meetings
No recorded meetings with EU commissioners.