Police Mutual is a trading style of

Royal London Group The Royal London Mutual Insurance Society Limited, along with its subsidiaries, is the largest mutual insurer in the United Kingdom, with Group funds under management of over £150 billion. Group businesses provide around nine million polici ...

. Founded as a

mutual society A mutual organization, or mutual society is an organization (which is often, but not always, a company or business) based on the principle of mutuality and governed by private law. Unlike a true cooperative, members usually do not contribute to ...

, set up in 1922 for the financial welfare of police officers, Police Mutual is a provider of financial services and welfare support to the Police Service. Open to both officers and staff, serving and retired, Police Mutual offers financial planning help and services. In February 2014 Police Mutual acquired Forces Financial for an undisclosed fee. On 1 October 2020 Police Mutual was transferred to Royal London (Royal London Mutual Insurance Society Limited). This included all subsidiaries, and thereafter the Police Mutual and Forces Mutual brands became trading styles of Royal London. With over 210,000 members, Police Mutual was the UK’s largest affinity

friendly society A friendly society (sometimes called a benefit society, mutual aid society, benevolent society, fraternal organization or ROSCA) is a mutual association for the purposes of insurance, pensions, savings or cooperative banking. It is a mutual ...

References

{{reflist Financial services companies established in 1922 Companies based in Lichfield Friendly societies of the United Kingdom