The Association of British Insurers has restructured its policy directorate, appointing Yvonne Braun as long term savings director, incoming director general Huw Evans has announced.
He said: “These key appointments recognise the expertise and experience we have within the ABI to meet the very significant future challenges facing all parts of the insurance industry.”
In the restructure, James Dalton, previously the ABI’s head of motor and liability, was made director of general insurance policy.
Both will jointly lead the directorate, created following the ABI restructure in 2013.
Dr Braun, who was previously head of savings, retirement and social care at the ABI, said: “The pension reforms and agreeing how we adequately and fairly pay for social care needs will fundamentally change the long-term savings landscape.
“At such a critical time for providers and customers I am delighted to be driving forward and promoting the critical role that the long term savings market can play in meeting the needs of our ageing population.”
Background
Last year the ABI investment affairs division merged with the Investment Management Association, now known as the IA, to “cover the full spectrum of investment management activity with a single, stronger and more coherent voice”.
The ABI said it would continue to represent insurers as asset owners.
In 2013 directors Maggie Craig, Stephen Gay and Nick Starling left the trade body following a radical restructure. Ms Craig joined the FCA in January 2014.
