Royal Liver Assurance Limited

Responding to the hardship faced by many Liverpudlians in the mid 19th century, nine local men decided they could make a difference to people’s lives by forming the Liverpool Lyver Burial Society, which would fund funerals and save families from financial ruin when a wage-earning relative passed away. The society was registered in 1850 and it grew so fast that by 1907 it was called the Royal Liver Friendly Society – the Royal Liver Assurance that exists today – and work had started on our new Royal Liver Building head office at Liverpool’s Pier Head. During the 20th century, Royal Liver Assurance expanded to cover the whole of the United Kingdom and the Republic of Ireland. We continued our mission to protect the poor and provide financial services to people during times of major change.

As a friendly society or a ‘mutual’, Royal Liver Assurance is not owned by shareholders but by our members – everyone that takes out a policy. This means our main aim is to operate for the benefit of our members and we are totally committed to putting their interests at the heart of everything we do. Members have the opportunity to be involved in running Royal Liver Assurance through our Delegation – elected representatives of our membership. This echoes our traditional values but today, we look after around 3.5 million policies for almost two million members. We also have more than £3.7 billion pounds in funds and provide a range of financial services to people in the United Kingdom and the Republic of Ireland.