OneFamily

OneFamily

Company type	Mutual society
Industry	Financial services
Predecessor	Family Investments Engage Mutual Assurance
Founded	1974;51 years ago (1974) (Brighton, United Kingdom)
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
Website	OneFamily.com

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 (25 October 2022). "OneFamily to acquire UK life insurance brand Beagle Street". insurtechdigital.com. Retrieved 16 November 2023.
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. Retrieved 26 July 2016.
8. "OneFamily Brand Relaunch To Support Growth Plans - News | OneFamily". OneFamily. 18 July 2018. Retrieved 21 September 2018.