The Association of Mortgage Intermediaries (AMI) will change its name to Advice, Mortgages, Insurance, Mortgage Solutions can exclusively reveal.
Announcing the new name at the AMI Annual Dinner tonight, chief executive Stephanie Charman (pictured) said while the organisation retained its AMI acronym, what it represented was evolving.
“We are enhancing the AMI brand in recognition of the broader work we undertake and an identity that reflects the reality of the market we already operate within,” she said.
Charman said the evolution of the AMI would be reflected not only in its strategic priorities, but also in a “refreshed look and feel”.
She added: “We are modernising our identity while retaining the heritage, trust and credibility that matter so much to you – our members and the wider sector.
“This evolution is about more than a refreshed look and feel. It reflects the future direction of AMI, our broader remit, and our continued commitment to supporting our members. Championing advice. Shaping the future.”
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Charman said this change would be brought to life with further announcements in the coming week.
Earlier in her speech, Charman emphasised the need for collaboration to enable holistic advice, and while the regulator was not intervening to improve the take-up of protection, it must not remain an afterthought.
She said the AMI would focus this year’s Protection Viewpoint on the ways consumer behaviour, technology, artificial intelligence (AI) and changing advice models were reshaping protection conversations.
Charman added: “We need to normalise a protection conversation with smarter prompts and nudges, thinking more creatively about where those conversations can be introduced throughout the mortgage journey.”
AMI will also produce a Viewpoint on the Value of Advice.