Kay Swinburne is the new independent chair of the Association of British Insurers.  

She succeeds Nicky Morgan, who was the first person to hold the role, created in 2021 to “bring fresh perspectives, enrich diversity of experience and reinforce strong governance”.  

Baroness Swinburne says ABI board members, executives and the sector will “build on the strong track record of insurance and long-term savings providers in recent years.

“There are some pressing issues ahead, particularly on consumer-related matters and further supporting the UK’s economic growth.

“I look forward to steering the board as we seek to find ways to help tackle these challenges.”

Baroness Swinburne served in the European parliament from 2009-19 as vice chair of the Economics and Monetary Affairs Committee.

She was also vice chair of KPMG UK’s financial services practice and chair of its EMA Risk & Regulatory Insight Centre. She entered the House of Lords in 2023. 

“Kay’s extensive experience across financial services in the UK and in Europe will be a great asset to our industry,” ABI president Andy Briggs said.

“I’d also like to thank Nicky Morgan for her extensive contribution to the ABI, especially in driving forward our consumer-focused work and helping to establish the Investment Delivery Forum.”