The ABI is pleased to announce that income protection specialists Holloway Friendly have become the latest organisation to join the trade association. Established in 1875, Holloway Friendly, is a multi-award-winning mutual society that has been helping support its members through illness and injury.
Holloway Friendly joins the ABI at an important time following the Money and Pensions Service’s launch of the UK Strategy of Financial Wellbeing last week. Protection insurance has a vital role to play in helping people become more financial resilient and improve financial wellbeing, by offering peace of mind in case on illness and injury.
Yvonne Braun, ABI Director of Policy, Long Term Savings and Protection, said:
“We are delighted to welcome Holloway Friendly as new members of the ABI. Holloway Friendly have a proud history of supporting their members through illness and injury and will further strengthen the ABI’s voice for protection insurance providers. I know we will benefit from their expertise, while their ABI membership will ensure their voice is heard at the highest levels.”
Stuart Tragheim, Chief Executive of Holloway Friendly said:
“We are delighted to be joining ABI and to be able to add our experience to the vital work being undertaken by its Protection Committee. Our industry has made great strides recently in growing the protection market and improving consumer trust in it and I very much hope that Holloway Friendly can further influence both of these factors. As a specialist mutual Friendly Society we will bring a slightly different perspective to ABI’s protection work and our aim is to ensure that there is alignment in this vital work across the sector.”