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About Us

 

Introduction to Partnership

Partnership is the longest established UK insurer specialising in the design and manufacture of financial products for people whose health and lifestyle means that their life expectancy is likely to be reduced.

We cater for clients with a wide variety of health conditions, from the relatively minor such as high blood pressure, to the more serious such as heart failure, stroke, diabetes, kidney failure and cancer.  By looking at every aspect of our clients’ health we aim to deliver the maximum benefit we can.  We also offer enhanced retirement annuities for people whose lifestyle choices may impact their life expectancy, such as smoking.

We are a long established specialist and the only company operating in this arena with its own proprietary underwriting manuals and mortality data. Combined with our underwriting and actuarial expertise, we use this knowledge and data to assess a customer’s likely life expectancy – rather than the average -  and so can usually offer better benefits than a mainstream insurer.

Finding the financial solution which most closely fits your needs is complex. That's why Partnership believes its clients should benefit from professional advice when making financial decisions about their future.

Partnership operates within three main areas Retirement, Long term care, and Protection.

Background

Partnership Assurance (“Partnership”) was formed in October 2005, following the demutualisation and management buy out of the Pension Annuity Friendly Society (PAFS). Read More >

Philosophy

To provide better value financial solutions for people in ill health. Read More >

Financial security

Partnership is a well capitalised and solvent privately owned company. Read More >

TCF Policy

The FSA's Treating Customers Fairly (TCF) initiative is one of a number of the regulator's priorities to help customers achieve a fair deal and maintain confidence in the financial services industry. Read More >

Corporate Responsibility

Partnership’s CR policy is rooted firmly in our principle value of Fairness which underpins our business and the way in which we conduct ourselves with our customers, business partners, staff, stakeholders and the environment. Read More >

Testimonials


  • "Annuities4u Limited has always had an excellent working relationship with Partnership in the enhanced annuity market. They deliver a first class, personal service with their staff always willing to go that ‘extra mile’. As well as their rates being competitive, Partnership demonstrates their expertise in this market by constantly improving their service proposition. This ensures that we can maximize the levels of income for our clients to suit their circumstances and needs."

    Richard Houghton, Director



  • "I had a heart bypass on 22nd November 1982 and I retired on 22nd December 1995. I recommend any person about to retire with a medical problem to contact Partnership."

    George Bexley, a Pension Annuity policyholder


  • “Every time I have dealt with Partnership they have been nothing short of professional, helpful and speedy in their response. Many of my clients have been surprised to find out how much extra they can get from their pension annuities thanks to Partnership's expertise in medical underwriting. In particular, their approach to impaired spouses has been of tremendous benefit and has allowed several more of my clients to receive higher annuity payments. It's a pleasure doing business with them.”

    Mike Hardy, Annuities Manager for Park Row Group plc


  • “I have been dealing with Partnership for some years and out of all the providers of insurance products, they are head and shoulders above the rest. Whenever a problem crops up (not very often), there is always someone at Partnership I can talk to, and invariably a solution is found. Their service standards are second to none and I look forward to many more years of business with Partnership.”

    Richard Tingey, Director, Capital Care Financial Services Ltd


  • “Over the eight years or so I have been using Partnership, the organisation has always been prepared to listen and develop solutions for clients, which is not only very refreshing in this day and age but has also lead to a first class, uncomplicated and easy to use service. So a big thank you from the `silent majority`!”

    Mark Oswell, Regional Manager, Care Asset Management Limited


  • “I have been advising the elderly for many years and I am enthused by Partnership's approach to the long term care market. The approach to marketing is refreshing and the key features clear and comprehensive. Many advisers and their clients will no doubt benefit from the support offered by Partnership.”

    Nicolette Gardner Chambers & Co


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Current Vacancies

Role

Department

Location

 

Underwriter

The purpose of the Underwriter is to assess annuity applications received in order to determine whether they are acceptable and what underwriting terms should apply. The underwriting team is responsible for reviewing medical information obtained from both clients and their medical advisers and applying appropriate terms

Underwriting

Redhill

More Info

Financial Risk Manager

The purpose of the Financial Risk Manager is to support the Director of Risk in the development and embedding of the enterprise risk management framework for the Partnerships group of companies.

Actuarial

London

More Info

Technical Business Trainer

The purpose of the role is to identify, design, deliver and support bespoke learning solutions that increase competence and improve overall business performance.

Quality and Training

Redhill

More Info

Sales Account Manager

Job purpose to undertake quality audits across the business and work with each business area to establish the quality requirements.

Sales

London / Redhill

More Info

Credentials

  • ABI
  • Safe Home
  • ILAG

Meet the Board

prev next
  • Steve Groves

    Steve Groves
    Chief Executive Officer

    Steve Groves joined Partnership in March 2005 as the Chief Finance Officer. His previous role was as the Senior Admin Re Actuary for...
    Read More >
  • Ian Owen

    Ian Owen
    Chairman

    Ian Owen is a fellow of the Institute of Actuaries. He was formerly Managing Director of Zurich Personal Lines, Managing Director of Eagle Star...
    Read More >
  • Mark Dearsley

    Mark Dearsley
    Chief Financial Officer

    Mark Dearsley joined Partnership in February 2009 from Savills plc, the FTSE 250 property adviser, where he was Group Finance Director...
    Read More >
  • Andrew Megson

    Andrew Megson
    Managing Director of Retirement

    Andrew Megson was previously Sales Director of Just Retirement where he held primary responsibility for the strategic and practical...
    Read More >
  • Chris Horlick

    Chris Horlick
    Managing Director Care

    Chris Horlick began his career as a Royal Marine. Following the completion of his five-year commission he joined Barclays Bank’s Corporate...
    Read More >
  • Jane Kennedy

    Jane Kennedy
    Chief Operating Officer

    Jane Kennedy joined Partnership in August 2006 as Operations Director from Global Home Loans, where she was Head of Customer Service...
    Read More >
  • Robin Houghton

    Robin Houghton
    Chief Actuary

    Robin Houghton joined Partnership in August 2008, having previously worked at Synesis Life, a role which brought him into constant contact...
    Read More >

Useful Links

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  • Retirement

    • Protected Rights Annuity
    • Personal Pension Transfer Plan
    • Purchased Life Annuity
    • Pension Annuity
  • Care

    • Immediate Care Plan
    • Deferred Care Plan
    • Care Plan Payment Option
    • Capital Protection Insurance
  • Protection

    • Family Income Benefit
    • Gift Inter Vivos
    • Level / Decreasing Term Assurance
    • Whole of Life
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