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IFGL (International Financial Group Limited)

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IFGL (International Financial Group Limited)
ISIN🆔
IndustryFinancial Services
Founded 📆2016
Founder 👔
Headquarters 🏙️,
Isle of Man
Area served 🗺️
Members
Number of employees
650
🌐 Websitehttps://www.ifg-ltd.com/
📇 Address
📞 telephone

International Financial Group Limited (IFGL) is the parent company of several recognised brands within the international financial services industry,[1] including Friends Provident International, RL360, RL360° and Ardan International.[2]

History[edit]

Originally called RL360 Group, the name was changed in 2016 to support the acquisition of Ardan International.[3] It is part-owned by the management team, supported by private equity firm Vitruvian Partners,[4] and by global insurance group Munich Re.[5]

IFGL purchased Friends Provident International on July 16 2020 in a £259m deal[6][7][8] after extended talks between the parties.[9][10]

References[edit]

  1. Harding, LaToya; Ashworth, Louis (16 July 2020). "ECB holds course as EU recovery talks loom". The Telegraph. Retrieved 13 March 2021.
  2. "Five-star rating for insurance company". Isle of Man Examiner. Retrieved 13 March 2021.
  3. "Rowan Dartington selling Ardan Int'l platform to RL360°". www.internationalinvestment.net. 15 November 2016. Retrieved 15 March 2021.
  4. "Carne Group bags €100m investment from London private equity firm". CityAM. 13 January 2021.
  5. "In Safe Hands" (PDF). RL360 Adviser.
  6. "Appleby advises IFGL on Friends Provident Acquisition". Appleby.
  7. "RL360 parent company IFGL acquires Friends Provident International". www.isleofmanforlife.com.
  8. Hastings, Kirsten (19 July 2017). "FPI acquisition by RL360° a 'game changer' says CEO Kneeshaw".
  9. "RL360/FPI deal deadline extended as alternative plan waits in the wings". www.internationalinvestment.net. 4 April 2019.
  10. Gangcuangco, Terry. "Done deal: Aviva seals revised stake sale". www.insurancebusinessmag.com.


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