Scottish Widows Ltd - Company Profile
Powered by 
All the sales intelligence you need on Scottish Widows Ltd in one solution.
- Save hours of research time with a comprehensive
Sales Intelligence Solution.
- Understand how Scottish Widows Ltd fits into your total
addressable market and Ideal Customer Profile.
- Gain competitive edge with triggers that tell you
when and how to engage with Scottish Widows Ltd.
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
Scottish Widows Ltd (Scottish Widows), a subsidiary of Lloyds Banking Group plc, is a life insurance company. It offers a range of life insurance products to individuals and corporate customers. Its offering includes annuities, pension plans, whole life insurance, life insurance, and critical illness insurance. It also offers savings and investment products, including individual savings accounts, investment bonds, and open-ended investment company funds. It also offers retirement products, including retirement accounts, stakeholder pensions, flexible pensions, individual savings accounts, and annuities. It sells its products through independent financial advisors, the Lloyds Banking Group network, and direct sales. Scottish Widows is headquartered in London, England, the UK.
Headquarters
United Kingdom
Address
25 Gresham Street, London, England, EC2V7HN
Website
www.scottishwidows.co.uk/
Industry
Financial Services
Revenue (2024)
$22.7B
Scottish Widows Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Annuities | Claims Settlement |
| Pension Plans | Customer Support |
| Life Insurance | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In April, the company appointed Aberdeen Investments to launch an open-architecture Long Term Asset Fund, pending regulatory approval. |
| 2024 | Plans/Strategy | In March, Lloyds Banking Group entered into an agreement to sell the company’s bulk annuity portfolio to Rothesay for GBP6 billion. |
| 2024 | Contracts/Agreements | In January, the company entered into an agreement with Moneyhub to add open finance capabilities to its app, enabling users to see all of their financial information in one place. |
Competitor Comparison
| Key Parameters | Scottish Widows Ltd | Legal & General Group Plc | Standard Life Plc | Aviva Plc | The Royal London Mutual Insurance Society Ltd |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom |
| City | London | London | London | London | London |
| State/Province | England | England | England | England | England |
| No. of Employees | - | 11,139 | 5,703 | 39,359 | 4,383 |
| Entity Type | Private | Public | Public | Public | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Scott Jonathan Wheway | Chairman | Executive Board | 2022 | 60 |
| Chirantan Barua | Director; Chief Executive Officer | Executive Board | 2023 | 53 |
| Shingirai Thaddeus Nyahasha | Director | Executive Board | 2024 | 52 |
| Iain McGowan | Director - Investments | Senior Management | - | - |
| Jesujuwonlo Williams | Secretary | Senior Management | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer