AXA, RSA chiefs join ABI board

New board members urge industry to unite and have a clear voice amid market uncertainties following the Brexit vote

Insurance News

By Louie Bacani

Top UK executives from insurance giants AXA and RSA have been added to the board of the Association of British Insurers, the industry body has announced.
 
AXA UK group chief executive Amanda Blanc and RSA’s UK and Western Europe CEO Steve Lewis took up their ABI board posts on July 1.
 
Referencing the market uncertainties following the Brexit vote, Blanc said she feels honoured to be joining the ABI board as the industry body tries “to reinforce the relevance of insurance in peoples’ lives.”
 
“Our ability to work with other trade bodies to present a united front for insurance is crucial in these uncertain times and I very much look forward to playing my part in the months and years ahead,” Blanc said.
 
Lewis echoed Blanc’s statement and vowed to work closely with other members of the ABI.
 
"With unprecedented levels of change continuing throughout the insurance market, never before has it been more important for us as an industry to have a clear voice,” he said.
 
The ABI has also announced that RSA group chief executive Stephen Hester has left the industry body’s board after three years of service.
 
The trade union also reiterated that incumbent chairman Paul Evans will step down from his post during the annual general meeting in October.
 
Evans, the UK group chief executive at AXA, will complete his two-year term as ABI chairman.
 
 
Related stories:
Aviva Life CEO named next ABI chairman
AXA UK initiates boardroom shakeup
Industry tries to calm customers’ Brexit fears

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