A matter of trust and respect

Surveys tell us that we trust politicians less and less. The collapsing turnouts at local and national elections are vivid proof of this.

The reasons are complex and the subject of intense analysis. Some solutions will make the problem worse - state funding of political parties being top of the list. If people are not prepared to fund the current party political model then it is the model that should change not the source of the funding to prop it up.

If this leads to a lessening of the hold that large political parties have over government, we might end up with better government and closer links between elected representatives and electors - a development that could benefit the insurance industry.

Take the threat to slash spending on flood defences. This is in no one's interest apart from the Treasury's. However, MPs representing flood prone areas are not being inundated by constituents fearful of the consequences in terms of flood damage or more expensive or no insurance.

People do not feel it worthwhile to raise these issues as they have become distanced from MPs, seeing them as a party label rather than a local representative. The actions of a few have also tarnished the reputations of the many, leaving the general public with the impression that MPs are in politics for what they can get out of it.

This puts distance between us, as individuals or businesses, and the people who represent us and make decisions about our futures. We need to put aside our cynicism and look positively at the political structures we have and the people who run them. After all, they are always going to be there and they are always going to create the laws that govern us and affect our businesses.

Trust and respect are two way streets. Unless we all start travelling along those streets the disengagement will only get worse. It would be a shame if this does not happen because a partnership between MPs, their constituents and the insurance industry could shift policy on flooding and other issues. Engagement is key.

- David Worsfold, Secretary, All Party Group on Insurance and Financial Services.