Financial & Insurance Services companies in the UK are a very important part of the economy, and it can be not easy to know which company is best for your needs.
This article will look at 25 different businesses that offer financial or insurance services in the United Kingdom. We’ll find out about their history, what they do, and who they’re good for.
This way, you can make an informed decision on where to work with your finances!
Company #1: Prudential
Prudential provides clients with life insurance, pension plans, financial advice, and more.
With over a century of experience in the industry, Prudential is one of the most respected names in UK Financial Services1.
Company #2: HSBC Holdings
HSBC Holdings is one of the oldest and largest financial service companies globally, operating across Europe, Asia Pacific, North America, and Latin America.
They offer banking services to their clients, including mortgages, personal loans, credit cards, and insurance products such as car insurance.
Company #3: Aviva
Aviva is one of the largest providers of financial services in Europe, with over 30 million customers. They specialise in a range of insurance products, including:
- Health & Dental
In addition, Aviva is one of the top equity release providers on the market.
Company #4: Legal & General Group
Legal & General Group is an independent life and pensions company that has been around for over 180 years.
They provide their clients with a range of products, including investment management, mortgages, insurance products, and more.
Like Aviva, Legal & General is also tops when it comes to equity release.
Company #5: Lloyds Banking Group
Lloyds Banking Group provides its clients with a range of financial services, including banking, insurance, and mortgages.
In addition, they provde personal loans to people who need to pay off the debt in the short term and long-term fixed-rate new mortgage plans2.
Company #6: PwC
PwC offers its clients assistance with a wide range of services, including:
- Financial Consulting
- Tax Advice
One of the largest companies in the world, PwCs UK offices have been providing professional services for over 150 years.
Company #7: Standard Life
Standard Life is one of the oldest life insurance providers in the UK.
They a range of products available to select from, including:
- Savings Plans
In addition to these, you can use Standard Life to take out home or car insurance.
Company #8: EY (Ernst & Young)
Ernst & Young is one of the most prominent professional services firms in the world.
They provide a range of products and services. You can use EY to assist with:
- Fraud investigation
Earnest and Young services clients from all over the world.
Company #9: Barclays
Barclays boasts a range of financial products, including:
- Personal loans
- Credit cards
As one of the largest banks in Europe, Barclays operates across all continents with over 170 million customers worldwide.
Company #10: Royal Bank of Scotland
Royal Bank of Scotland offers its clients a range of products, including:
- Current Accounts
They have over 16 million customers in the UK, which is one of their largest markets globally.
Company #11: Standard Chartered
Standard Chartered is one of the largest banks in Asia, operating across Europe and Africa.
With over 500 years of experience serving their clients, Standard Chartered is the place to go to wholesale banking services and investment management.
Company #12: St. James’s Place
St. James’s Place offers their clients a range of financial products.
- Investment Products
- Insurance Services – such as life & health cover, income protection, and critical illness.
Company #13: Aon
Aon is one of the largest providers of professional services in the world.
They offer multiple products and services, including:
- Risk management
- Employee benefits consulting
- Claims handling for insurance companies
Company #14: RSA Insurance Group
RSA is the place to go to for insurance products, including:
They are one of the largest insurers in the UK, with over 30 million customers worldwide.
Company #15: BDO
BDO is one of the largest accounting firms in the world.
They are specialists in audits, tax, and consulting.
BDO is also the place to go to if your business is looking for a debt recover solution.
Company #16: Willis Towers Watson
Willis Towers Watson is a multinational professional services company that offers its clients financial and human capital consulting and risk management.
They have over 15 million customers around the world, which includes many Fortune 500 companies.
Company #17: Phoenix Group Holdings
Phoenix Group Holdings is one of the largest insurance brokers in Europe.
Their products include:
- Life Insurance
- Health Insurance
- Motor Insurance
- Commercial Risk Analysis
Company #18: Investec
Investec is a global investment house with over 18,000 employees in 25 countries.
They offer their clients a range of products, including asset management for large companies and funds, as well as mergers & acquisitions advisory to help them provide the best advice possible.
Company #19: Schroders
Schroders is a British asset manager that provides investment products, including:
- Fixed Income
They have over €700 billion in assets under management, making them one of the largest fund managers in Europe.
Company #20: Quilter
Quilter is one of the biggest providers of investment management and financial services in the UK.
Their clients have access to a range of products, including equities, fixed income, funds, and insurance policies.
Company #21: Standard Life Aberdeen
Standard Life Aberdeen is the largest provider of savings and investments in Scotland.
They’re the place to go to for pensions, life assurance, and investment funds, which are all provided through brands such as:
- Standard Life
- Scottish Widows
- Norwich Union
Company #22: London Stock Exchange
London Stock Exchange is one of the most important financial centers in Europe.
They offer their clients a range of products, including equities, derivatives, and services for listing and trading securities.
Company #23: TP ICAP
TP ICAP is a global technology company focused on the financial services industry.
From electronic trading platform and research, to execution services to help you meet your needs more effectively, they have a vast offering to suit many needs and tastes.
Company #24: CYBG
CYBG is a large UK-based financial services company.
They offer their clients retail banking, insurance, and investment products, including savings accounts and pensions.
Their goal is to help you build wealth for the future.
Company #25: Virgin Money Holdings
Virgin Money Holdings is a large UK-based financial services company.
With not many strangers to the Virgin brand, you might already know that their product range includes retail banking, insurance, and investment products, including savings accounts and pensions, to help you build a firm amount of income to serve you in the future.
What Is a Financial and Insurance Services Company?
A financial and insurance services company is a business that provides clients with products and services related to saving, investing, or insuring their assets.
What Are the Different Types of Products Offered by These Companies?
Financial and insurance services companies offer their clients a range of products, including mortgages, savings accounts, and pensions, to help them build wealth for the future.
Why Is It Important to Choose the Right One for Your Needs?
It is important to choose the right one for your needs because they offer products and services that will best meet your requirements.
How Can These Companies Help Me?
Financial and insurance services companies can help you make the most of your money by providing products and services that will meet your requirements.
The financial and insurance services industry is a major part of the UK economy.
With so many companies in this sector, it can be difficult to navigate which one will best serve your needs. You MUST find an appropriate company for all of your financial or insurance needs before deciding where to invest your money.
For example, if you are looking for general life assurance, but need savings plans, your company may not have what you need if their focus is exclusively on life assurance products.
Are you over 55 and considering equity release? Check out our equity release guide.