Partnership heads the 2011 Sunday Times HSBC Top Track 250 compiled by the Oxford based research company Fast Track. This league table identifies the fastest growing mid-ranking private businesses in the UK, highlighting firms who are leading the economic recovery.
Partnership heads a league table which includes Gatwick Airport (15), Aston Martin (16), Selfridges (37) and Manchester United (104).
The Sunday Times comments "This year’s No 1 Company, Partnership Life Assurance, has developed a successful niche in the broking industry by designing annuities, care plans and equity-release schemes for people suffering from serious medical conditions."
Steve Groves, CEO of Partnership says "At the heart of the company is a fairly simple concept; people with serious medical conditions that shorten their life expectancy should receive higher annuity payments. The friendly society that became Partnership Life Assurance was set up in 1995 on the strength of this idea, which at the time was far from being standard industry practice".
"Over the last 16 years Partnership has developed a unique proprietary data base which enables it to make more accurate estimates about life expectancy based on health and lifestyle. This can provide 20% to 40% more income than alternatives that do not take the purchaser’s health into account.
"Partnership’s success is based on its ability to provide superior rates to its customers and its willingness to innovate and find solutions which provide consumer benefits. Partnership was the first company to introduce the ‘enhanced annuity’ into the UK. This is a legacy we are extremely proud of and seek to build upon."
If you would like more information about how Partnership can help to support your business in the later life market or to request a quotation please call your Partnership Account manager on 0845 108 0443 or email salesandcampaigns@partnership.co.uk.
Notes: *The Top Track 250 is compiled by Fast Track, the Oxford Company established in 1997 that researches Britain’s top-performing private companies. It compliments the Top Track 100 league table of Britain’s biggest private companies, listing the next 250 firms provided they have reported an increase in either sales or operating profit in their latest year. Companies area ranked by unrounded sales
Partnership is a trading style of The Partnership Group of Companies, which includes: Partnership Life Assurance Company Limited (registered in England and Wales No. 05465261) and Partnership Home Loans Limited (registered in England and Wales No. 05108846). Both companies are authorised and regulated by the Financial Services Authority. The registered office for both companies is Sackville House, 143-149 Fenchurch Street, London EC3M 6BN.