Our Journey
Wesleyan Assurance Society was founded in Birmingham in the summer of 1841. The
Society was originally established to help people overcome the financial problems
brought on by the Industrial Revolution. Even then, life assurance and annuities
were available.
Over the years the Society has continued to grow and prosper. A key point in its
recent history was the merger with Medical Sickness Society in 1997. Wesleyan became
a specialist distributor looking after the financial needs of over 60,000 members
of the medical and dental professions. The distribution brand is now known as Wesleyan
Medical Sickness, providing tailored advice and services to Hospital Doctors, GPs,
Dentists and Medical Students.
In 2003 the Society further developed its segmented approach forming a partnership
agreement with the National Association of Schoolmasters Union of Women Teachers
(NASUWT) to provide specialist financial services for its 200,000 strong membership
of teachers. This relationship is serviced through Wesleyan for Teachers.
Wesleyan for Lawyers is the Society’s newest distribution brand, launched
in 2007 to provide holistic financial services for the legal profession.
Times may have changed but Wesleyan remains committed to its founding principles
of trust, honesty and fairness for all. We have gone from being a small local business
to one of the UK’s financially strongest life offices*. Named Life Insurer
of the Year at the British Insurance Awards in 2008, Wesleyan is an organisation
with a fantastic history and a brilliant future.
