Why Police Mutual?
Our history
We have a long and proud history of serving the police family
and meeting our members' financial needs. Some key dates in our
history include:
1866: Police Mutual Assurance Association
(PMAA) founded
1922: PMAA replaced by Police Mutual Assurance
Society (PMAS). First annual meeting held in Bristol
1940: Assets under management reach £1m
1942: Policewomen accepted on the same terms as
men
1953: Assets under management reach £2m
1966: Assets under management pass £10m
1970: PMAS moves to new head office in
Lichfield, opened by Princess Alexandra on 24 March
1971: House purchase scheme introduced
1990: Viscount Whitelaw opens the extension to
Alexandra House. Assets under management reach £350m
1996: 75th anniversary of PMAS
1997: Civilian police staff become eligible to
join PMAS and take out the full range of plans offered. Assets
under management reach £1bn
1998: UK Growth Fund and Income Fund investment
products launched. PMAS membership reaches 150,000
2000: PMAS website, www.pmas.co.uk, launched at
annual conference. The new extension to Alexandra House is opened
by Lord Knights
2002: Home Insurance introduced in association
with Cornhill Direct
2002: First Friendly Society to achieve Raising
Standards accreditation - a mark of our commitment to constant
improvement
2003: Membership rules changed to allow more
members of the extended police family to join PMAS
2004: First Issue of the Guaranteed Capital
Bond launched in association with Bristol & West PLC
2004: Car Insurance introduced in association
with BISL Limited
2004: Premier Cash Account in association with
Anglo Irish Bank introduced
2004: Online statements facility launched
2005: Child Trust Fund launched.
2005: MultiManager Funds launched.
2007: Police Mutual buys Roland Smith Insurance
Brokers.