On 23 December 2008, the Association of British Insurers (ABI) published a short paper outlining its views on current best practice in relation to articles of association and related matters.

The guidance paper sets out the ABI's views on a range of topics including (i) auditor liability limitation agreements, (ii) borrowing powers, (iii) electronic communications, (iv) directors' conflicts of interest, (v) the role of corporate representatives at shareholder meetings, (vi) provisions relating to dispute resolution and governing law in articles of association, (vii) penalties for failure to disclose interests under section 793 of the Companies Act 2006, (viii) political donations and (ix) reincorporating outside the UK.

View the ABI guidelines on articles of association (web page).