Phoenix Assurance was founded in 1782 in London. Over the past two centuries, the group has grown through a series of mergers and acquisitions. In 2010, the name of the group was established as Phoenix Group Holdings. Phoenix Group is a member of the FTSE 100 index since 2020 and in 2023, the group became one of the first UK organisations to join forces with the Living Wage Foundationn and sign up as a Living Pension Employer. Phoenix Group is the UK’s largest long-term savings and retirement business, offering a wide range of pensions, savings and life insurance products. Standard Life, SunLife, Phoenix Life and ReAssure form part of the consumer brands.

On behalf of the members, Carlo Ferraresi (CRO Forum Chair) commented: ‘I am glad to welcome Phoenix Group as member of the CRO Forum.  It fortifies our network with a wealth of experience and diverse perspectives thanks to their industry knowledge and strategic insights on risk management. We look forward to their valuable contributions towards advancing our shared mission of safeguarding the stability and resilience of the insurance sector and support our core aims of championing best practice in risk management.’