Our story

Here for the Police. Here for the long term.

Life in the Police Service has changed a lot since we were set up in 1922. But one thing has stayed the same - we continue to put our members first. Today we have over 210,000 members of the Police Service trusting us with their savings, investments and insurance.

As policing continues to change, we've recognised your needs are changing too. So we've broadened our services to make sure we're as relevant to the Police today as we were 90 years ago.

Roland Smith

Police Mutual bought Roland Smith insurance brokers in 2007, bringing together two businesses that have strong established relationships with the Police Service and boosting the insurance product range that we offer our members.

Our History

We're proud of our 90 year history because the long term nature of our business is important and what it's made us into today. We're planning to add many more key dates to this timeline as we continue to develop and change.

2011: Money Coaching Service launched

2010: New ISA range launched

2007: Police Mutual buys Roland Smith Insurance Brokers

2005: MultiManager Funds launched

2005: Child Trust Fund launched

2004: On-line statements facility launched

2004: Premier Cash Account in association with Anglo Irish Bank introduced

2004: Car Insurance introduced in association with BISL Limited

2003: Membership rules changed to allow more members of the extended Police Family to join
         Police Mutual

2002: First Friendly Society to achieve Raising Standards accreditation - a mark of our commitment
         to constant improvement

2002: Home Insurance introduced in association with Cornhill Direct

2000: Police Mutual website, www.pmas.co.uk, launched at annual conference. The new
         extension to Alexandra House is opened by Lord Knights

1998: UK Growth Fund and Income Fund investment products launched. Police Mutual membership
         reaches 150,000

1997: Civilian Police staff become eligible to join Police Mutual and take out the full range of plans
         offered. Assets under management reach £1bn

1996: 75th anniversary of Police Mutual

1990: Viscount Whitelaw opens the extension to Alexandra House. Assets under management reach
         £350m

1971: House purchase scheme introduced

1970: Police Mutual moves to new head office in Lichfield, opened by Princess Alexandra on 24 March

1966: Assets under management pass £10m

1953: Assets under management reach £2m

1942: Policewomen accepted on the same terms as men

1940: Assets under management reach £1m

1922: PMAA replaced by Police Mutual Assurance Society (PMAS). First annual meeting held in Bristol

1866: Police Mutual Assurance Association (PMAA) founded

Want to find out more?

Visit our about us section to find out more about who we are and what we do.