The Association of British Insurers has announced that its chair, Jon Dye, chief executive, Allianz Insurance, and deputy chair Julian Adams, director, public policy and regulation, M&G plc, have extended their current roles by a year.

Both came into post last summer and will now serve until next summer, instead of stepping down this year.

Jon Dye said: “These are critical times for insurers as we continue to address the challenges of the current crisis and provide ongoing support to our customers. I am pleased to be able to play a continuing role in helping to define and execute the future strategy of the ABI and to find sustainable, long-term solutions to the issues we are facing.”

Julian Adams said: “This is a challenging environment and I believe that M&G and our wider industry are well placed to contribute to the development of public policy that will promote recovery and long-term prosperity.”

ABI director-general, Huw Evans (pictured), highlighted the importance of “committed industry leadership” during these difficult times for the market.

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