The Royal London Mutual Insurance Society Ltd - Company Profile
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The Royal London Mutual Insurance Society Ltd (Royal London) is a mutual life insurance, pensions, and investment company. It offers term life insurance, critical illness insurance, funeral plans, workplace pensions, income protection insurance, and business insurance through independent financial advisers. It also offers investment options such as sustainable funds, monthly income bonds, global equity funds, and global multi-asset portfolios. It provides investment management services to individuals, pension funds, universities, local authorities, charities, and other entities. The company, through its subsidiaries, operates in the UK and Ireland. It is headquartered in London, the UK.
The Royal London Mutual Insurance Society Ltd premium industry data and analytics
Products and Services
Products | Services |
---|---|
Life Insurance | Investment Management Services |
Over 50s Life Insurance | |
Whole of 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 |
---|---|---|
2023 | Plans/Strategy | In November, the company announced plans to acquire Responsible Life and Responsible Lending. |
2023 | Contracts/Agreements | In April, the company signed an agreement to acquire individual protection line business of Aegon UK, a financial services company. |
2023 | Asset Disposal | In March, the company has sold the Capitol Retail and Leisure Park, Preston on behalf of The Royal London UK Real Estate Fund to British Land plc for a consideration of £51.5 million. |
Competitor Comparison
Key Parameters | The Royal London Mutual Insurance Society Ltd | Just Group plc | Abrdn plc | New Ireland Assurance Company Plc |
---|---|---|---|---|
Headquarters | United Kingdom | United Kingdom | United Kingdom | Ireland |
City | London | Reigate | Edinburgh | Dublin City |
State/Province | England | England | Scotland | Dublin |
No. of Employees | 4,330 | 1,124 | 5,299 | - |
Entity Type | Private | Public | Public | Private |
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Kevin Parry | Chairman | Executive Board | 2019 | - |
Daniel Cazeaux | Chief Financial Officer - Group; Director | Executive Board | 2020 | - |
Barry O'Dwyer | Chief Executive Officer - Group; Director | Executive Board | 2020 | - |
Julie Scott | Chief Commercial Officer- Life Business, the UK | Senior Management | 2021 | - |
Tracey Kneller | Chief People Officer - Group | Senior Management | 2020 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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