Association of Friendly Societies to form new mutual trade association

The vote will create a new trade body, representing the UK's mutual insurance sector. Commenting, Paul Hudson, the newly appointed AFS President said; "A single association will lead to more effective engagement with Government, the regulators and other policymakers. It will also mean that, as a sector, we are better able to communicate the benefits of the mutual model to existing and potential policyholders. "A significant number of AFS members are already members of AMI so combining the two bodies into one trade association that speaks for the whole of the mutual insurance sector ...