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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 🏙️,
Brighton, East Sussex
,
United Kingdom
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

  • Engage Mutual Assurance

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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