Aegon UK

Scottish Equitable plc
Industry Insurance
Founded 1831 as Scottish Equitable
Headquarters Edinburgh, Scotland, UK
Key people
 Adrian Grace, CEO
Products Pensions, Investment, Protection
Website www.aegon.co.uk

Aegon UK is a pension, insurance and investment company based in Edinburgh, Scotland.

Aegon UK is the brand name for Scottish Equitable plc and it is a subsidiary of Aegon N.V. a multi-national life insurance, pension and asset management company headquartered in The Hague, Netherlands.

History

The Scottish Equitable Life Assurance Society was founded in Edinburgh in 1831 and in 1861 it began paying out its first pension to Robert Christie.

In 1994, the company became Scottish Equitable plc with Aegon N.V. buying a 40% stake in the business. Aegon N.V. increased that stake to 100% by 1998.

In 2006 Scottish Equitable plc was rebranded as Aegon Scottish Equitable and in 2009 this was shortened to Aegon, although the legal entity is still Scottish Equitable plc.

Products and customers

Aegon UK has individual and corporate customers. It sells a range of pensions, annuities, life insurance, protection insurance and investment products to individual customers. To corporate customers it sells a range of pensions and actuarial and trustee solutions.

Aegon UK has over 2 million customers and approximately 2,100 staff working from its Edinburgh headquarters.

Leadership Team

Chief Executive Officer, Adrian Grace, appointed 2011

Chief Operating Officer, Richard Denning, appointed 2013

Chief Financial Officer, Stephen McGee, appointed 2016

Chief Risk Officer, Jim Ewing, appointed 2014

Chief Distribution and Marketing Officer, Mark Till, appointed 2016

Managing Director, Existing Business, Dougy Grant, appointed 2016

Finance and Risk Director, Digital Solutions, Karen Cockburn

Chief Integration Officer, Tommy Young, appointed 2016

Sponsorship

Aegon UK’s sponsorship over the last nine years has covered grassroots programmes in schools and parks and through their talent programme, Aegon FutureStars. They also sponsor the national Fed Cup and Davis Cup teams with the Aegon GB Davis Cup Team becoming World Champions in 2015. The first time a GB team had won in 79 years. Aegon are also title sponsors of 3 major grass-court events; Aegon Open Nottingham, Aegon Classic Birmingham and the Aegon Championships in London, a World Series ATP500 event and the current ATP Tournament Of The Year in its category.

Charity

The Aegon Breakfast Club launched in 2007.[1]

Aegon has their very own Charity Committee which supports their nominated charities as voted for by the staff each year and in 2013 donated £51,000 to a range of nominated charities. In 2014, its nominated charities are Alzheimer’s Scotland, CCLASP and Michelle Henderson Cervical Cancer Trust.[2]

In 2014 the Aegon UK charity committee went one better and raised £66,666 for the 3 nominated charities.

The charities nominated for 2015 are Macmillan Cancer Support, The Yard and Radio Forth Cash for Kids.

References

  1. ↑ "Welcome to a bright idea..." Retrieved 19 December 2014.
  2. ↑ "Aegon UK donates £51,000 to local charities". Archived from the original on 19 December 2014. Retrieved 19 December 2014.
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