I am delighted to share that we have today completed on the sale of Police Mutual’s general insurance and healthcare business to Bspoke Insurance Group Limited (Bspoke Group).

The move helps protect the long-term future of Police Mutual, so that we can invest and grow to better serve the ever-changing needs of the Police community.

Bspoke Group is based in Leeds and bring together a collection of specialist insurance businesses  offering a wide range of products and services both direct to customers and to other companies. Bspoke Group has a deep understanding of the Police Mutual business and its ethos and the importance of protecting them to allow the brand to flourish in the future.

Why is this sale good news?

• Today’s announcement enables us to grow and invest in our customers and the financial wellbeing of Police colleagues for the long-term
• Bspoke Group is committed to the Police Mutual brand, and they want to continue to support the values of Police Mutual through financial education, the Police Mutual Foundation, which includes respite breaks and careline and the ongoing sponsorship of UK events
• The additional investment and support provided by Bspoke Group will allow us to develop our products and services so that we can continue to meet your needs

What does this mean to you?

As a Police Mutual customer, you’ll still deal with us in the same way as you have always done. There will be no changes to the general insurance and healthcare products you hold with us. You will retain your existing policy number and can continue to make payments in the same way.

Police Mutual customers who hold long-term savings, life and/or pensions products are not part of the sale to Bspoke Group and will remain part of the Royal London Group who is best placed to support customers with these types of products.

You will still be able to interact with Police Mutual in the same way you have been used to, using both our website www.policemutual.co.uk and by contacting our customer services teams.

Please be assured that this sale has no impact on how your personal data is used, we have updated our privacy policy to reflect the sale and you can view a copy here.

I hope you agree that this is an exciting new chapter for Police Mutual and I look forward to sharing more updates with you in the coming months.

Kerry McMahon-White

Managing Director – Police Mutual

PMGI Limited, trading as Police Mutual is authorised and regulated by the Financial Conduct Authority. Financial Services Register No. 114942. Registered in England & Wales No.1073408. Registered office: Brookfield Court, Selby Road, Leeds, LS25 1NB.