Knowledge (XXG)

UIA Mutual

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flexible apportionment arrangement, which set payments into the pension scheme in a manner that ensured the Society could meet its liabilities. The renewal and apportionment arrangements allowed the Society to continue to provide a service to existing policyholders as it was wound down on a solvent basis as an independent mutual organisation over a carefully managed “run-off” period.
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A survey of 1,000 UK adults, commissioned by UIA in 2015, revealed that 60% of burglary victims never feel secure in their homes again. The survey also found that, after being targeted, it takes the average victim seven months to return to some level of normality in their home. Burglars avoided being
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In 2022, the Society announced that it would no longer offer members renewal of their current cover or new policies. Several issues, including rising operational costs, regulatory changes and the Society’s long-standing participation in the defined benefit UNISON Staff Pension Scheme, had created
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In 2017, the Financial Conduct Authority took the decision to publish data on individual insurers, revealing details of the companies with whom customers were most and least likely to make a successful claim. At the lower end of the scale, the FCA’s statistics showed that UIA members had a 20-25%
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To help make its long standing relationship with the trades union movement clear, UIA registered Union Insurance Association as a trading name in 2015 and, to emphasise the mutual, customer-focused nature of the business, it rebranded as UIA Mutual in 2016. The Together Mutual Insurance brand was
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The Poor Law (and Local Government) Officers' Mutual Guarantee Association was founded by the National Poor Law Officers' Association in 1890 and registered under the Industrial and Provident Societies Act 1876. The National Association of Local Government Officers' Provident Society transferred
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UIA (Insurance Services) was an insurance broker, incorporated in 1994. Travel, pet and motor insurance were provided by third parties, mainly to clients of its parent society. UIA motor insurance was arranged and administered by Autonet Insurance Services. UIA travel insurance was arranged and
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Following a strategic review, which concluded that the losses could not continue if the business was to remain solvent and could not be addressed without fundamental change, the Board sold renewal rights to Uinsure and concluded an agreement with UNISON and the pension trustees to implement a
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engagements to the Poor Law and Local Government Officers' Mutual Guarantee Association, which became the National and Local Government Officers' Association Mutual Insurance Association (Logomia) in 1926. This was shortened to NALGO Insurance Association (NIA) in 1969.
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In 2004, UIA announced its decision to close its £30m life assurance fund to new customers due to adverse market conditions. In 2005, its long-term business was acquired by
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administered by AllClear Insurance Services. Pet insurance was provided in association with Petwise, which is a trading name of Ultimate Insurance Solutions.
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losses. The pension scheme was in deficit, meaning the Society was required to contribute significant sums each year to help it meet its obligations.
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charity. CWU Insurance, Unite Insurance and Usdaw Insurance were trading names of UIA (Insurance) and UIA (Insurance Services).
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The Introducer Appointed Representatives permitted to assist in insurance contract arrangements with UIA Mutual included
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Registered society under the Co-operative and Community Benefit Societies Act 2014, No. 2898R. Firm Reference No. 110863
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launched in 2013, to offer products to like-minded members of the general public, largely through digital routes.
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In 2022, UIA Mutual ceased writing new business and renewals, which are now offered under the UIA brand by
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Registered in England and Wales under the Companies Act 1985, No. 2998952. Firm Reference No. 307925
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and as of 2020, had 96,210 members, 159 employees and assets of £60 million.
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chance of having their claim relating to buildings and contents rejected.
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caught or prosecuted in more than two thirds of the burglaries studied.
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Wound down after increasing regulatory costs and pension fund losses
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Liverpool Victoria Financial Services (retrieved 10 August 2022)
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Annual Return and Accounts for the year ended 31 December 2012
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Annual Return and Accounts for the year ended 31 December 1992
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Annual Return and Accounts for the year ended 31 December 2020
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National Association of Schoolmasters Union of Women Teachers
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Most burglary victims 'never feel safe in their homes again'
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The Financial Services Register (retrieved 10 August 2022)
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Peter Dodd (Chairperson), Jon Goodchild (Chief Executive)
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FCA report reveals insurers most likely to reject claims
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The UIA name was adopted in 1993, on the merger of the
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National Union of Rail, Maritime and Transport Workers
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Financial services companies disestablished in 2022
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National and Local Government Officers' Association
140: 129: 119: 96: 88: 80: 65: 50: 40: 30: 574:Financial Statements (Year ended 31 December 2021) 631:Financial services companies established in 1890 406:Registry of Friendly Societies, 1 January 1969 394:Registry of Friendly Societies, 24 August 1926 263:Union of Shop, Distributive and Allied Workers 198:Prior to its closure, it was headquartered in 418:Registry of Friendly Societies, 6 August 1993 8: 16: 440:UIA Mutual Insurance implements ICE Claims 271:National Association of Probation Officers 22: 15: 626:Insurance companies of the United Kingdom 491:Full accounts made up to 31 December 2020 481:UIA (Insurance Services), 7 December 1994 430:NALGO Insurance Association, 2 April 1993 231:Confederation of Health Service Employees 588:, UIA Mutual (retrieved 10 August 2022) 372: 343: 493:UIA (Insurance Services), 1 April 2021 450: 448: 267:Bakers, Food and Allied Workers Union 7: 294:Liverpool Victoria Friendly Society 227:National Union of Public Employees 14: 646:2022 disestablishments in England 442:ICE InsureTech, 6 September 2018 503:UIA held up over affinity deals 209:-based broker Uinsure Limited. 189:Prudential Regulation Authority 185:Association of British Insurers 641:1890 establishments in England 1: 469:UIA (Insurance), 7 March 2013 382:UIA (Insurance), 1 April 2021 562:UIA Mutual and UNISON Living 479:Certificate of Incorporation 255:Communication Workers' Union 181:not-for-profit organisations 392:Complete Amendment to Rules 193:Financial Conduct Authority 175:products to members of the 662: 621:Mutual insurance companies 404:Partial Amendment to Rules 327:Britannia Building Society 101:Kings Court, London Road, 92:Uinsure took over policies 183:. It was a member of the 21: 455:UIA (Insurance) Limited 576:UNISON, 28 April 2022 283:Ramblers' Association 191:and regulated by the 564:UNISON, 14 July 2022 187:, authorised by the 586:UIA society message 275:Fire Brigades Union 179:movement and other 18: 550:Insurance Business 45:Financial services 552:, 26 January 2017 536:, 25 January 2015 332:insurance company 225:(NALGO) with the 173:general insurance 158: 157: 653: 607: 606: 604:Official website 589: 583: 577: 571: 565: 559: 553: 543: 537: 527: 521: 515: 509: 508:, 12 August 2004 500: 494: 488: 482: 476: 470: 464: 458: 452: 443: 437: 431: 425: 419: 413: 407: 401: 395: 389: 383: 377: 360: 357: 351: 348: 165:mutual insurance 154: 151: 149: 147: 76: 74: 61: 59: 26: 19: 661: 660: 656: 655: 654: 652: 651: 650: 611: 610: 602: 601: 598: 593: 592: 584: 580: 572: 568: 560: 556: 544: 540: 528: 524: 516: 512: 501: 497: 489: 485: 477: 473: 465: 461: 453: 446: 438: 434: 426: 422: 414: 410: 402: 398: 390: 386: 378: 374: 369: 364: 363: 358: 354: 349: 345: 340: 323: 310: 251:Unite the Union 243: 215: 167:company in the 144: 122: 115: 109: 72: 70: 57: 55: 12: 11: 5: 659: 657: 649: 648: 643: 638: 633: 628: 623: 613: 612: 609: 608: 597: 596:External links 594: 591: 590: 578: 566: 554: 538: 522: 510: 506:Insurance Post 495: 483: 471: 459: 444: 432: 420: 416:Change of Name 408: 396: 384: 371: 370: 368: 365: 362: 361: 352: 342: 341: 339: 336: 335: 334: 329: 322: 319: 309: 306: 281:(RMT) and the 242: 239: 214: 211: 169:United Kingdom 156: 155: 142: 138: 137: 131: 127: 126: 123: 120: 117: 116: 113:United Kingdom 111: 100: 98: 94: 93: 90: 86: 85: 82: 78: 77: 67: 63: 62: 52: 48: 47: 42: 38: 37: 35:Mutual society 32: 28: 27: 13: 10: 9: 6: 4: 3: 2: 658: 647: 644: 642: 639: 637: 634: 632: 629: 627: 624: 622: 619: 618: 616: 605: 600: 599: 595: 587: 582: 579: 575: 570: 567: 563: 558: 555: 551: 548: 542: 539: 535: 532: 529:White, Steve 526: 523: 519: 514: 511: 507: 504: 499: 496: 492: 487: 484: 480: 475: 472: 468: 463: 460: 456: 451: 449: 445: 441: 436: 433: 429: 424: 421: 417: 412: 409: 405: 400: 397: 393: 388: 385: 381: 376: 373: 366: 356: 353: 347: 344: 337: 333: 330: 328: 325: 324: 320: 318: 314: 307: 305: 301: 297: 295: 290: 286: 284: 280: 276: 272: 268: 264: 260: 256: 252: 248: 240: 238: 234: 232: 228: 224: 219: 212: 210: 208: 203: 201: 196: 194: 190: 186: 182: 178: 174: 170: 166: 162: 153: 143: 139: 136: 132: 128: 124: 118: 114: 108: 107:Hertfordshire 104: 99: 95: 91: 87: 83: 79: 68: 64: 53: 49: 46: 43: 39: 36: 33: 29: 25: 20: 581: 569: 557: 549: 545:Lucas, Paul 541: 534:Daily Mirror 533: 525: 513: 505: 498: 486: 474: 462: 435: 423: 411: 399: 387: 375: 355: 346: 315: 311: 308:Winding down 302: 298: 291: 287: 244: 235: 220: 216: 204: 197: 171:, providing 160: 159: 97:Headquarters 31:Company type 229:(NUPE) and 177:trade union 615:Categories 367:References 261:(NASUWT), 241:Operations 207:Manchester 161:UIA Mutual 121:Key people 17:UIA Mutual 518:Our story 269:(BFAWU), 265:(USDAW), 200:Stevenage 135:insurance 103:Stevenage 89:Successor 321:See also 273:(NAPO), 133:General 130:Products 41:Industry 277:(FBU), 257:(CWU), 213:Origins 141:Website 71: ( 66:Defunct 56: ( 51:Founded 253:, the 247:UNISON 163:was a 338:Notes 148:.uia 81:Fate 73:2022 69:2022 58:1890 54:1890 152:.uk 150:.co 146:www 617:: 447:^ 296:. 110:, 105:, 75:) 60:)

Index


Mutual society
Financial services
Stevenage
Hertfordshire
United Kingdom
insurance
www.uia.co.uk
mutual insurance
United Kingdom
general insurance
trade union
not-for-profit organisations
Association of British Insurers
Prudential Regulation Authority
Financial Conduct Authority
Stevenage
Manchester
National and Local Government Officers' Association
National Union of Public Employees
Confederation of Health Service Employees
UNISON
Unite the Union
Communication Workers' Union
National Association of Schoolmasters Union of Women Teachers
Union of Shop, Distributive and Allied Workers
Bakers, Food and Allied Workers Union
National Association of Probation Officers
Fire Brigades Union
National Union of Rail, Maritime and Transport Workers

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