Reliance Life is part of Life Company Consolidation Group (LCCG).
Our business model is the acquisition and administration of traditional portfolios of life insurance and pensions business in the UK.
Our aim is to protect our policyholders’ investments and enhance their value whilst carefully managing the risk involved in doing so and ensuring we follow the highest standards of conduct. We believe that amalgamating life insurance and pension portfolios offers greater opportunities for expense management and protection of customers from the diseconomies of limited scale that might arise if the portfolios operate independently.
Reliance Life’s first acquisition has been the Reliance Mutual Insurance Society which completed on 1 April 2018, and acquisition of further business portfolios is expected over time.