Royal London’s rebrand has already brought its asset management business into the new brand, whilst Scottish Life, Scottish Provident and Bright Grey will all join it in the next 18 months.
The company’s intermediary division (RLI) will be merged and a new head of protection proposition design has been brought in.
Debbie Kennedy will cover the Bright Grey and Scottish Provident brands, and companies joining Royal London later, She joins Royal London from Capita where she was involved in underwriting, claims and professional services.
Bright Grey offers products including life critical illness and income cover through financial advisers including the Helping Hand care advisory service.
Scottish Provident offers life cover, critical illness cover, income protection and unemployment cover as well as the Pegasus whole life plan.
The merger will combine all of the mutual group’s life, pensions and investments business under a new Royal London brand. The group’s wrap platform will retain the Ascentric brand.
The group life division currently serves around 5.3 million customers and employs over 2,900 people, whilst the group as a whole has funds under management of £77bn.
Isobel Langton, CEO of RLI, said: “Debbie is the perfect fit for RLI, bringing an enthusiastic blend of experience and fresh perspective to drive our growth ambition in the intermediated protection market.”