EQUITABLE LIFE ASSURANCE SOCIETY,(THE)

Walton Street
AYLESBURY, HP21 7QW  United Kingdom
+44-3301591530
Company Type: Private Unlimited Company Parent

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The world's oldest mutual life insurance company is attempting to age gracefully and exit with dignity. The Equitable Life Assurance Society, founded in 1762, provides life insurance, annuities, pensions, and permanent health insurance to some 300,000 customers. The company ceased writing new business in 2000 after a House of Lords ruling that it underpaid some 90,000 guaranteed-annuity policyholders. After losing a court battle over the ruling, Equitable Life sold off many assets and chose to operate in run-off, meaning it will serve its existing customers until it no longer has open policies.

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EQUITABLE LIFE ASSURANCE SOCIETY,(THE)

Private Unlimited Company Parent
Address
Walton Street
AYLESBURY , HP21 7QW
United Kingdom
See other locations
Phone
+44-3301591530
Company Description

The world's oldest mutual life insurance company is attempting to age gracefully and exit with dignity. The Equitable Life Assurance Society, founded in 1762, provides life insurance, annuities, pensions, and permanent health insurance to some 300,000 customers. The company ceased writing new business in 2000 after a House of Lords ruling that it underpaid some 90,000 guaranteed-annuity policyholders. After losing a court battle over the ruling, Equitable Life sold off many assets and chose to operate in run-off, meaning it will serve its existing customers until it no longer has open policies.

Key Principal
Feilim Mackle See more contacts
Industry
Life Insurance Carriers Finance & Insurance Sector Life insurance Insurance agents, brokers, and service
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Financial Statements

Revenue in USD

Annual Revenue2019
$7.75 million USD
1 USD = 0.7742 GBP

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Company Snapshot

Essential information for a successful call

  •  EMPLOYEES (This Site) 211
  •  REVENUE (MIL USD) 7.75
  • Year Started 1892
  • Incorporated 1892
  • FISCAL YEAR END DEC

Get in Touch with 9 Principals* and 21 Contacts

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  • Feilim Mackle
    Director
  • Michael John Merrick
    Director
  • Jeremy Spencer Deeks
    Director
  • Stephen Shone
    Director

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