Investment Delivery Forum created to drive £100bn investment into UK projects

Written by Adam Cadle

06/07/2023

Senior insurance industry leaders have come together to form a new Investment Delivery Forum which will act as a catalyst and facilitator for driving investment into UK infrastructure projects.

The introduction of Solvency UK will enable £100bn to be invested in a greater range of productive assets over the next 10 years. The Investment Delivery Forum, established by the ABI, will work with government, local and devolved authorities and investment organisations to drive and track the funding into projects focusing on green infrastructure and housing.

Baroness Nicky Morgan, ABI and Investment Delivery Forum chair, said: “The UK’s insurance and long-term savings industry has reached an important crossroad as an institutional investor. Taking the new path that Solvency UK will open up will require increased collaboration between industry, government, regulators and infrastructure projects. The ABI Investment Delivery Forum will facilitate that work to deliver the best returns possible for customers, for the economy and for the environment.”

The firms and representatives who will sit on the Investment Delivery Forum are: Aviva CEO UK and Ireland life insurance, Doug Brown; Just Group CEO David Richardson; Lloyds Banking Group general insurance, protection and investment director Craig Thornton; M&G CEO, retail and savings, Clare Bousfield; Phoenix Group CEO Andy Briggs; Rothesay CEO Tom Pearce; and Royal London CEO Barry O’Dwyer.

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