ABI to combine general insurance with life and pensions
The Association of British Insurers (ABI) will combine general insurance with life and pensions under a new department.
A spokesperson for the trade body said that the new structure will "deliver benefits and value for money" for its shareholders.
It comes amid a reorganisation which has seen Nick Starling, Maggie Craig and Steve Gay all made redundant from its executive team with immediate effect.
The new department will report to the ABI's director of policy and deputy director general Huw Evans.
The spokesperson said that the department will be focused on key issues such as fraud, compensation reform and
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