Insurance News: ABI Welcomes State Street Global Advisors

State Street Global Advisors has become the ABI’s latest associate member. State Street Global Advisors is the $2.7 trillion investment management arm of State Street Corporation.

The ABI’s associate membership category has been developed to meet interest from non-insurance companies in joining the ABI, such as legal firms, consultants, price comparison sites, and the wide variety of suppliers, including software houses, who help insurers deliver their services.

Associate members benefit from a wide range of ABI services including access to the full range of ABI statistics, industry updates, thought leadership work, networking opportunities and reduced rates for ABI events.

Huw Evans, ABI Director General, said:

“We are very pleased to welcome State Street Global Advisors as the ABI’s latest associate member. With their global expertise in retirement and investment issues, the ABI’s associate membership provides a great opportunity for them to work more closely with industry stakeholders and develop significant policy initiatives.”

Andrew Benton, Head of UK Institutional at State Street Global Advisors, commented:

“As innovators and thought leaders on retirement issues, we look forward to working with the ABI and its members, offering our support and expertise as the industry evolves and overcomes new hurdles and challenges. Our established presence in the UK retirement market, coupled with our investment capabilities in Insurance and Cash Management affords us a broad perspective as we continue to support our clients, helping to deliver comprehensive and cost-effective solutions.”

For nearly four decades, State Street Global Advisors has been committed to helping our clients, and those who rely on them, achieve their investment objectives. It partners with many of the world’s largest, most sophisticated investors and financial intermediaries to help them reach their goals through a rigorous, research-driven investment process, spanning both indexing and active disciplines

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