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OneFamily

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OneFamily
File:OneFamily Logo.png
Mutual society
ISIN🆔
IndustryFinancial services
PredecessorFamily Investments
Engage Mutual Assurance
Founded 📆1974; 52 years ago (1974) (Brighton, United Kingdom)
Founder 👔
Headquarters 🏙️, ,
Area served 🗺️
UK
Key people
Jim Islam (CEO Designate)
(Chief Executive)
Steve Colsell
(Chairman)[1]
Products 📟 Life insurance
Child Trust Funds
Individual Savings Accounts
Lifetime mortgages
Bonds
Lifetime ISA
Members
Number of employees
🌐 WebsiteOneFamily.com
📇 Address
📞 telephone

OneFamily is a financial services provider with offices in Brighton and Hove, Sussex, Peterborough, Leeds and Swindon. It is a mutual society and, as such, has no shareholders and is instead owned by its members.

History

In 2022, OneFamily announced its acquisition of life insurer brand Beagle Street.[2]

In 2014, after gaining the backing of 95% of its members, Engage Mutual Assurance merged with Brighton-based Family Investments to create OneFamily, which began trading under its new name from April 1, 2015.[3][4][5] The business was moved to Brighton.[6][7]

OneFamily has 2.6 million customers across the UK[8] and is responsible for £8 billion of assets under management.

See also

References

  1. Members approve Family Investments' merger with Engage Mutual, Cover Magazine, 19 December 2014, retrieved 31 May 2016
  2. Clere, Alex (2022-10-25). "OneFamily to acquire UK life insurance brand Beagle Street". insurtechdigital.com. Retrieved 2023-11-16.
  3. Mutuals rebrand after merger completion, FT Adviser, 1 April 2015, retrieved 31 May 2016
  4. Engage Mutual and Family Investments become OneFamily, Cover Magazine, 1 April 2015, retrieved 31 May 2016
  5. Hartley, Victoria (31 May 2016). "New lender OneFamily to launch inter-generational mortgage". Mortgage Solutions. Retrieved 26 July 2016.
  6. "One to One: Georgina Smith, managing director, OneFamily Lifetime Mortgages". Mortgage Strategy. 25 May 2016. Retrieved 26 July 2016.
  7. "OneFamily marks one year since merger". The Argus. 31 May 2016. Retrieved 26 July 2016.
  8. "OneFamily Brand Relaunch To Support Growth Plans - News | OneFamily". OneFamily. 2018-07-18. Retrieved 2018-09-21.


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