IFGL brands have been operating in the Isle of Man since 1978, but the true birth of our group took place in 2004 when Scottish Life International developed an ambitious new strategy for growth.
Year
Policyholders
Milestones
2004
- Newly formed management team at Scottish Life International developed a new strategy for growth.
2007
12,000
Policyholders
- Opened offices in Hong Kong and Dubai.
2008
- Scottish Provident International acquisition announced, to be merged with Scottish Life International.
2009
33,000
Policyholders
- Royal London 360° brand launched.
2010
- Launch of Investpro, new investment management system.
2013
39,000
Policyholders
- Management team leads buyout of RL360, supported by Vitruvian. Royal London 360° renamed RL360.
2014
- Expansion into Latin American market.
2015
- Acquisition of CMI from Lloyds Banking Group.
- Build and launch of new bespoke online dealing and application process.
2016
61,000
Policyholders
- Integration of CMI, rebranded RL360° Services.
- Acquisition of online wealth platform Ardan International.
2017
73,000
Policyholders
2020
- Acquisition of Friends Provident International.
2022
216,000
Policyholders
2023
- Private equity firm Cinven became the majority investor in IFGL.
- Acquisition of Sovereign Pension Services, rebranded as IFGL Pensions.
- IFGL DIFC brand launched after IFGL received its regulatory license from the Dubai Financial Services Authority.
2024
- IFGL Global Trusts launches, provides corporate trustee services to RL360 clients.
- Completed acquisition of the Isle of Man Assurance (IOMA) wealth book of business.
