August 26, 2016 9:29 PM ET


Company Overview of Partnership Life Assurance Company Limited

Company Overview

Partnership Life Assurance Company Limited offers non-standard annuities for individuals with medical and lifestyle conditions. The company was founded in 2005 and is based in Redhill, United Kingdom. Partnership Life Assurance Company Limited operates as a subsidiary of Partnership Group Holdings Limited.

Regent House

1-3 Queensway

Redhill,  RH1 1QT

United Kingdom

Founded in 2005


44 8451 087 240


44 8451 087 238

Key Executives for Partnership Life Assurance Company Limited

Chief Executive Officer, Director and Member of Remuneration & Nomination Committee
Age: 40
Chief Financial Officer, Director and Member of Audit Committee
Chief Financial Actuary
Age: 58
Chief Medical Officer
Medical Adviser
Compensation as of Fiscal Year 2016.

Partnership Life Assurance Company Limited Key Developments

Partnership Life Assurance Company Limited Announces Partnership Agreement with Genworth to Launch Immediate Need Care Annuity in US

Partnership Assurance Group plc announced an agreement between Partnership Life Assurance Company Ltd. and Genworth Life Insurance Company to launch a medically underwritten immediate annuity, comparable to Partnership's UK Care Annuity. The agreement brings together the outstanding combination of Genworth's strong distribution footprint and leading position in the US Long Term Care ('LTC') Insurance market with Partnership's intellectual property and expertise as the UK's provider of care annuities. The product launch is planned for first quarter of 2016. The product is expected to address a clear unmet need in the US to help individuals pay future care or other costs with a guaranteed income for life.

Partnership Assurance Group plc Announces Financial Conduct Authority Investigation Conclusion

Partnership Assurance Group plc announced that it has received confirmation from the Financial Conduct Authority that the regulator has discontinued its investigation in relation to a distribution agreement and that no further action will be taken at this time. On 19 September 2013, Partnership Life Assurance Company Limited was notified that the FCA would be conducting an investigation into its distribution agreement with one advisory firm. The investigation sought to determine whether PLACL had contravened any FCA rules, including those which were introduced by the Retail Distribution Review.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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