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Wesleyan wins ‘Life Insurer of the Year’ award

Wesleyan Assurance Society was named Life Insurer of the Year for the second time in three years, at the prestigious British Insurance Awards 2010 last night (Wednesday 7 July).

Craig Errington, Chief Executive of Wesleyan, who accepted the award in front of industry peers at the Royal Albert Hall said: “It’s a fantastic achievement to win this award for a second time; I have to pay tribute to all my staff who work so hard to contribute to the success of the business and the delivery of a first-class service to our customers.”

The Society beat off competition from NFU Mutual and Zurich, continuing its track record of outperforming bigger rivals. It recently announced a strong set of results for the full year 2009, including a market-leading 20.1% gross investment return on its main with profits fund and an 11% increase in new business sales.

Mr Errington added: “As a mutual organisation with no shareholders to consider, we can put our customers at the heart of everything we do and focus on their specific needs.  In this way we aim to earn their trust and create a life-long relationship.

“2009 was a difficult year for the industry and we made a brave decision to continue to grow the business in line with our long-term strategy.  However we did this in a measured way with a close eye on operational costs which was key to our success.”

Martin Shaw, Chief Executive of the Association of Financial Mutuals and a member of the judging panel said: “Wesleyan is a worthy winner of this award, having proved its strength through the recent financial crisis while continuing to innovate and provide value to its customers.”

Wesleyan offers specialist financial advice to hospital doctors, GPs, dentists, lawyers and teachers through its principal distribution brands Wesleyan Medical Sickness, Wesleyan for Lawyers and Wesleyan for Teachers.

For more information and interviews, please contact:

Wesleyan Press Office

Bernadette Bogan or Sonia Kumari                   0121 200 9609


Cohn & Wolfe:

Katherine Kowalski                                         0207 331 5473

Laura Mitchell                                                0207 331 5389

'WESLEYAN’ is a trading name of the Wesleyan Group of companies.

Wesleyan Assurance Society and Wesleyan Bank Ltd are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Wesleyan Financial Services Ltd, Wesleyan Unit Trust Managers Ltd, Practice Plan Ltd and DPAS Ltd are authorised and regulated by the Financial Conduct Authority.  Advice about investments, insurance and mortgages is provided by Wesleyan Financial Services Ltd.

Click for more information about the Wesleyan group of companies.

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