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Latest Press Releases And Comments

Here we cover all the very latest news. If you have a specific enquiry or something you’d like to find out about, please get in touch. Contact Martin Shaw at AFM via email martin@financialmutuals.org or call 0788 754 7195.

25 October 2017

Mutually Yours, October 2017

The latest newsletter of the Association of Financial Mutuals includes:

  • a full summary of AFM's 2017 conference; 
  • AFM Board directors 2017-18; member news; 
  • news of three new Associates; and 
  • details of forthcoming events.

Click here to read Mutually Yours

 

06 November 2017

AFM members contribute over £400 million a year to savings in the NHS and welfare state, as well as employers and individuals

New research commissioned by AFM, and delivered by OAC, assesses AFM members save society over £400 million a year.  Insurance Premium Tax threatens the savings cash plans provide to the NHS, and the report explores how an exemption could increase savings to NHS by more than the reduction in tax collected.

For more details, click here

25 October 2017

New report by ICMIF and AFM charts recent success of mutual insurers

During the recent AFM Conference, we launched a new report, produced in association with sister trade body ICMIF, which shows that mutuals have grown premium income by 66% since 2007, whilst the UK insurance sector as a whole has seen premiums shrink.

For the full report, click here

 

20 October 2017

AFM Conference 2017

Another exhilerating conference has finished.  We will be providing a full report in our next edition of Mutually Yours; in the meantime, slides from the event, and photos can be downloaded from the AFM website.

15 September 2017

2017 AFM Corporate Governance Report

Each year we report on the standards of corporate governance within our sector.  The latest report is now available on our website, along with other governance reports and our code.

To view the report, click here.

17 August 2017

Views from the top

AFM has released a new report, commissioned from Independent Audit, to assess culture in the board of mutuals.  The report shows a high level of confidence that board culture has a positive impact on decision-making for the benefit of customers and staff in mutual organisations.

19 June 2017

Mutually Yours, June 2017

This edition of our newsletter includes the following items:

  • All Change in Westminster?
  • AFM Conference 2017
  • Regulation: nothing but blue skies?
  • Ethical dilemmas in insurance
  • Member update
  • Events

08 June 2017

AFM responses to FCA on IDD implementation

The Insurance Distribution Directive makes significant changes to the way insurers provide information to customers about products.  FCA is issuing two consultations on this in 2017: our response to the first one can be downloaded here.

28 April 2017

AFM Mutually Yours, April 2017 out now with all the latest on financial mutuals

This month’s Mutually Yours includes articles on:

  • All change in Westminster?
  • New AFM initiatives
  • New Associate member
  • AFM Member news
  • Governance in our members and in the AFM
  • Coming up... AFM conference and events
  • For your reading pleasure

For AFM member news, click here.