The Importance of Friendship and the Role of Friendly Societies

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Martin Shaw, Head of Policy at the Association of Financial Mutuals, and in this episode they are discussing friendly societies.

In this episode we cover:

• What a friendly society is
• The merger between the Association of Friendly Societies and the Association of Financial Mutuals
• The history of friendly societies
• Why people set up friendly societies
• The role they play in the modern world
• How they are regulated

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