Partnership Assurance Group plc is a provider of non-standard annuities for individuals with medical or lifestyle conditions.
The company was established as a management buyout of the Pension Annuity Friendly Society with funding from Phoenix Equity Partners in September 2005.
[2] Cinven acquired the company in August 2008 and it was the subject of an initial public offering in June 2013.
[3] In December 2014, Partnership completed the UK's largest medically underwritten bulk annuity transaction – a £206 million ‘top-slicing’ deal with Taylor Wimpey.
[4] In April 2016 the company merged with Just Retirement to form JRP Group.