Collection GB 0074 CLC/B/017-05 - BRITISH INSURANCE ASSOCIATION

Identity area

Reference code

GB 0074 CLC/B/017-05

Title

BRITISH INSURANCE ASSOCIATION

Date(s)

  • 1917-1990 (Creation)

Level of description

Collection

Extent and medium

205 production units.

Context area

Name of creator

Biographical history

The formation of an association of insurance offices of all types of business was suggested at a meeting of the Fire Offices Committee on 28 July 1916. Initially, a sub-committee was set up to monitor legislation affecting insurance companies, while an association of composite offices was being formed to consider "questions affecting the interests of insurance both at home and abroad". In 1917, this resulted in the British Insurance Association, with a brief to provide information and express views to government departments and other bodies requiring help or advice on insurance problems, and to monitor affairs worldwide which might affect member offices. This was felt to be particularly important in the years immediately after World War I. During the 1920s the Association's work declined, but the worldwide economic and political crises of the 1930s revived interest in its functions as an umbrella organization with wider scope and powers, including investment protection. It became actively involved in liaising with various Boards and legislative committees, such as the Cassel Committee on compulsory insurance.

Until 1956, the BIA mainly worked through its chairman and the General Purposes Committee, who were empowered to act when necessary. The General Purposes Committee devolved many of its functions to sub-committees co-opted from members with relevant expertise, and these in turn delegated to sub-sub-committees. In 1956, these sub-committees were renamed committees, and their subsidiaries consequently became sub-committees. From 1945, the BIA also represented its members' interests in matters concerning nationalization, and successfully negotiated several agreements with nationalized bodies. It was also closely involved with work on metrication, decimalization, company law, health and safety.

The BIA's nationalisation work had shown it that public opinion was a potent force, and it accordingly began a public relations programme of lectures, films and press releases about insurance matters, as well as participating in major exhibitions in Britain and abroad. Until 1953 the BIA had no offices of its own. From 1918 to 1937 it was at St Michael's Rectory, Cornhill, the business address of its secretary. In 1937 it moved to 19a Coleman Street, the headquarters of the Equitable Life, and also the business address of its chairman. In 1953 it moved to Estates House, 66 Gresham Street; in 1957 to Barrington House, 59-67 Gresham Street; and for a few weeks in 1962 to Abacus House, 33 Gutter Lane, before finally moving on 30 June 1962 to Aldermary House, Queen Street. This building also housed a number of other insurance associations.

In 1985, the British Insurance Association was abolished and its functions transferred to the Association of British Insurers.

Archival history

The records are uneven in coverage, and appear to have been vigorously weeded in the 1950s.
GB 0074 CLC/B/017-05 1917-1990 Collection 205 production units. British Insurance Association

The formation of an association of insurance offices of all types of business was suggested at a meeting of the Fire Offices Committee on 28 July 1916. Initially, a sub-committee was set up to monitor legislation affecting insurance companies, while an association of composite offices was being formed to consider "questions affecting the interests of insurance both at home and abroad". In 1917, this resulted in the British Insurance Association, with a brief to provide information and express views to government departments and other bodies requiring help or advice on insurance problems, and to monitor affairs worldwide which might affect member offices. This was felt to be particularly important in the years immediately after World War I. During the 1920s the Association's work declined, but the worldwide economic and political crises of the 1930s revived interest in its functions as an umbrella organization with wider scope and powers, including investment protection. It became actively involved in liaising with various Boards and legislative committees, such as the Cassel Committee on compulsory insurance.

Until 1956, the BIA mainly worked through its chairman and the General Purposes Committee, who were empowered to act when necessary. The General Purposes Committee devolved many of its functions to sub-committees co-opted from members with relevant expertise, and these in turn delegated to sub-sub-committees. In 1956, these sub-committees were renamed committees, and their subsidiaries consequently became sub-committees. From 1945, the BIA also represented its members' interests in matters concerning nationalization, and successfully negotiated several agreements with nationalized bodies. It was also closely involved with work on metrication, decimalization, company law, health and safety.

The BIA's nationalisation work had shown it that public opinion was a potent force, and it accordingly began a public relations programme of lectures, films and press releases about insurance matters, as well as participating in major exhibitions in Britain and abroad. Until 1953 the BIA had no offices of its own. From 1918 to 1937 it was at St Michael's Rectory, Cornhill, the business address of its secretary. In 1937 it moved to 19a Coleman Street, the headquarters of the Equitable Life, and also the business address of its chairman. In 1953 it moved to Estates House, 66 Gresham Street; in 1957 to Barrington House, 59-67 Gresham Street; and for a few weeks in 1962 to Abacus House, 33 Gutter Lane, before finally moving on 30 June 1962 to Aldermary House, Queen Street. This building also housed a number of other insurance associations.

In 1985, the British Insurance Association was abolished and its functions transferred to the Association of British Insurers.

The records are uneven in coverage, and appear to have been vigorously weeded in the 1950s.

The ABI deposited the records of the BIA in the Manuscripts Section of Guildhall Library in September 1985. This deposit was converted to an outright gift in June 1994. The Guildhall Library Manuscripts Section merged with the London Metropolitan Archives in 2009. Further records were transferred in 2011.

Records of the British Insurance Association, mainly minutes of General Meetings and Committee meetings. Many of the minutes are unsigned copies. In addition, many minutes are accompanied by related papers, such as agendas, reports and correspondence. The collection also includes extensive correspondence and circulars. The records are held off-site and require 48 hours notice for access.

Records arranged by MS number, assigned during cataloguing at the Guildhall Library Manuscripts Section.

Access by appointment only. Please contact staff.

Copyright to this collection rests with the City of London.
English

Please see online catalogues at: http://search.lma.gov.uk/opac_lma/index.htm

For a history of the Association see W L Catchpole and E Elverston, B.I.A. Fifty: 1917-1967. Fifty years of the British Insurance Association (1967).
Compiled in compliance with General International Standard Archival Description, ISAD(G), second edition, 2000; National Council on Archives Rules for the Construction of Personal, Place and Corporate Names, 1997. November 2010 to January 2011. Financial service industries Insurance services Professional associations Information sources Documents Insurance records Organizations Associations Trade associations Service industries Business records Insurance Finance British Insurance Association UK Western Europe Europe

Immediate source of acquisition or transfer

The ABI deposited the records of the BIA in the Manuscripts Section of Guildhall Library in September 1985. This deposit was converted to an outright gift in June 1994. The Guildhall Library Manuscripts Section merged with the London Metropolitan Archives in 2009. Further records were transferred in 2011.

Content and structure area

Scope and content

Records of the British Insurance Association, mainly minutes of General Meetings and Committee meetings. Many of the minutes are unsigned copies. In addition, many minutes are accompanied by related papers, such as agendas, reports and correspondence. The collection also includes extensive correspondence and circulars. The records are held off-site and require 48 hours notice for access.

Appraisal, destruction and scheduling

Accruals

System of arrangement

Records arranged by MS number, assigned during cataloguing at the Guildhall Library Manuscripts Section.

Conditions of access and use area

Conditions governing access

Access by appointment only. Please contact staff.

Conditions governing reproduction

Copyright to this collection rests with the City of London.

Language of material

  • English

Script of material

  • Latin

Language and script notes

English

Physical characteristics and technical requirements

Finding aids

Please see online catalogues at: http://search.lma.gov.uk/opac_lma/index.htm

Allied materials area

Existence and location of originals

Existence and location of copies

Related units of description

Related descriptions

Notes area

Alternative identifier(s)

Access points

Place access points

Name access points

Genre access points

Description control area

Description identifier

Institution identifier

London Metropolitan Archives

Rules and/or conventions used

Compiled in compliance with General International Standard Archival Description, ISAD(G), second edition, 2000; National Council on Archives Rules for the Construction of Personal, Place and Corporate Names, 1997.

Status

Level of detail

Dates of creation revision deletion

Language(s)

  • English

Script(s)

    Sources

    Accession area