Zurich CEO Bailey named ABI president

Tim Bailey, Zurich

Tim Bailey, UK CEO of Zurich, has been named as the new president of the Association of British Insurers, with Clare Bousfield, chief executive for retail and savings at M&G, becoming deputy president.

Baroness Nicky Morgan, chair of the ABI, said the pair’s experience, insight and leadership will be greatly valued, particularly at such an important time for the industry, as it prepares for the

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Labour promises to rip up red tape for insurers

Tulip Siddiq, shadow economic secretary to HM Treasury, has promised if the Labour party gets into power she will make sure regulation encourages growth and competitiveness in the insurance industry.

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