Insurance industry paid out over £5 billion in Protection claims in 2018 Providers, advisers and consumers should be equally pleased today with the news that the insurance industry paid out over...
Promoting & supporting the mutual sector for the benefit of customers & members throughout the UKFind Out More
The Association of Financial Mutuals is the trade body that represents mutual and not-for-profit insurers, friendly societies and other financial mutuals across the UK.
Between them, mutual and not-for-profit insurers manage the savings, pensions, protection and healthcare needs of over 30 million people in the UK and Ireland, annual premium income of £19.6 billion, and nearly 30,000 employees (source: www.ICMIF.org).
A financial mutual is an organisation that supplies financial services products, and which is owned by its customers, or members. That means there are no shareholders to pay dividends to or account to, and a mutual can concentrate entirely on delivering products and services that best meet the needs of its customers.
Our Mutual Members
We have 49 existing full members today, enjoying a huge range of benefits.
Join the member companies who are championing mutuality with the AFM today. Financial mutuals are invited to join as Full or Associate Members and enjoy an array of attractive benefits.See the Benefits Meet Our Members
Mutuals have something unique to offer In a recent article published in the FT Advisor, AFM's CEO, Martin Shaw, explains how, at a time when the financial services industry is constantly looking for...
Mutually Yours, April 2019 You can read the latest edition of Mutually Yours here...