ClosePress release 24 October 2023.
Foresters Friendly Society has joined GRiD, the industry body for group risk, to benefit from the opportunities it offers for new business and market expansion.
Foresters was established in 1834 to quite literally help people through the ‘forest of life’. Today it has a thriving Group Risk business that has been operating for over 20 years. Specialising in insuring Police Federations, Foresters works closely with insurance brokers and clients alike to provide Life Insurance, Critical Illness, and Personal Accident cover to over 100,000 individuals through its group schemes.
Grant Streader, head of insurance operations, Foresters Friendly Society, said: “We now underwrite over 50 schemes across the UK, with 30 being for Police Federations. We are looking to expand this area of the business and also to move into new markets. Membership of GRiD will help us to achieve this in terms of the contacts, openings, and opportunities it can provide, as well as the mark of standards it presents.”
Members of GRiD benefit from networking, access to industry specialists, training and research.
Paul White, chair of GRiD said: “The sharing of information is a great advantage for organisations within GRiD and we are delighted to welcome Foresters into the fold as a company with such an esteemed history. It is great to have their specialist knowledge within the GRiD membership, and likewise, Foresters will benefit from access to GRiD’s industry specialists, leaders and speakers.”
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For further information please contact:
Sharon Mason
SMUK Marketing and PR
smason@smuk.org.uk
Mob: 07747 611773
Land: 01252 843350
Katharine Moxham
Spokesperson for GRiD
Katharine.moxham@grouprisk.org.uk
Mob: 07887 512508
Notes for editors
About GRiD
Group Risk Development (GRiD) is the industry body for the group risk sector, promoting the value to UK businesses of providing financial protection for their staff, enhancing their wellbeing and improving employee engagement. Our membership includes insurers, reinsurers, intermediaries and those operating in (or with other interests in) the UK group risk market. Together this forms a collective wealth of experience built over many years. Under the chairmanship of Paul White (head of technical, Howden Employee Benefits & Wellbeing) GRiD aims to promote group risk through a collective voice to Government, policymakers, stakeholders and employers.
GRiD works with government departments and regulators involved in legislation and regulation affecting group risk benefits, and with other organisations involved in the benefits and financial protection arenas. GRiD also seeks to enhance the industry's standing by encouraging best practice and by participating in industry-wide initiatives such as the professional qualification in group risk managed jointly with the Chartered Insurance Institute.
GRiD’s media activity aims to generate a wider awareness and understanding of group risk products and their benefits for employers and employees.
GRiD's dedicated spokesperson, Katharine Moxham, provides expert media comment on a full range of group risk issues.
Follow Katharine Moxham on Twitter @KMoxham
