Life Insurance Companies
OneQuote.ie compares all 6 leading life insuance companies operating in Ireland, to get you the very best cover at the cheapest price – guaranteed!These insurance companies are all highly rated, long establish insurers who have been operating here for many years and who are regulated by the Central Bank of Ireland. They all offer customers a wide range of flexible, fixed cost life insurance products. Below you can find out more about their history and size.
Around the world, Aviva provides around 43 million customers with insurance, savings and investment products. The group employees over 36,000 employees with over 300 years of heritage. Aviva Life & Pensions enjoys an A1 Moody’s financial strength rating. Aviva Life & Pensions offers a comprehensive range of insurance policies including pensions, protection plans and savings & investment products. In Ireland, they employ close to 1,100 staff and across the group, they paid out €30.7 billion in benefits and claims in 2015.
Friends First is one of Ireland’s oldest Life Assurance companies, meeting the financial needs of their customers since 1834. They employ over 300 people in Ireland and our focussed on the provision of protection, retirement and investment solutions. Their parent company, the Dutch insurance group, Achmea, is the largest mutual insurer in Europe and 3rd largest mutual in the world. Their management practices are Recognised for Excellence at 5-Star level by the European Foundation for Quality Management (EFQM).
Irish Life was originally founded in 1939 and since July 2013, has been part of the Great-West Lifeco group of companies, one of the world’s leading life assurance organisations Great-West Lifeco and its subsidiaries – including The Great-West Life Assurance Company which was founded in Winnipeg, Canada more than a century ago – have approximately $1.2 trillion in consolidated assets under administration and are members of the Power Financial Corporation group of companies. For the latest information please see www.greatwestlifeco.com.
New Ireland Assurance Company is the first wholly Irish owned life assurance company to transact business in Ireland. They pride themselves on its commitment to providing a high-quality and efficient service for its customers. As testament to this, the company won the Professional Irish Brokers Association Award for 4 consecutive years. They have also won several other prestigious awards for Service Excellence, Investment Excellence and Excellence in Financial Products. Their product range is extensive, as are the featured options on their product range.
Royal London have been operating in Ireland for over 180 years and were most recently known as Caledonian Life. Royal London plc is a wholly owned subsidiary of Royal London Group plc, the largest financial Life, Pensions and Investments mutual in the UK and Ireland. The group has over 5.3 million policy holders and 3,000 employees. Founded as a Friendly Society in 1861, Royal London was initially set up as a friendly society dedicated to serving the interest of its members and securing their financial security. Royal London became a mutual life assurance society in 1908.
Zurich Life Assurance plc (‘Zurich Life’) is one of Ireland’s most successful life insurance companies, offering a full range of Pension, Investment and Protection products for over 30 years. Their investment team is responsible for funds under management of approximately €19.5 billion, of which pension assets amount to €9.1 billion (as at 30 June 2016). The Zurich insurance group, headquartered in Switzerland has founded in 1872 and employs about 60,000 people, serving customers in more than 170 countries.