The Association was formed in 1985 when several bodies merged to form one voice for the industry. Amongst the merger were the British Insurance Association, the Life Offices’ Association, the Fire Offices Committee and the Accident Offices Association.
Funding is through membership subscriptions. The ABI’s Board, chaired by Archie Kane, Group Executive Director, Insurance and Investments, Lloyds TSB Group, governs the organisation. The work of the major policy departments is overseen by the General Insurance Management Committee, the Life and Pensions Management Committee and the Investment Committee.
The ABI- 51 Gresham Street in the City of London. Employs c. 100 staff.