Britannic Assurance Co. Ltd. was founded in Birmingham in 1866 as British Workman’s Mutual Assurance Company Ltd., to provide life assurance and pension services.
Britannic went through a series of name changes until settling as Britannic Assurance Co. Ltd. in 1921.
In 1981 the name was changed to Britannic Assurance plc. The company made several acquisitions, including Britannia Asset Management, Alba Life, Evergreen Retirement and First Active.
In 2005 Britannic Group plc merged with Resolution Life Group Ltd. to form Resolution plc, creating the largest specialist manager of UK life funds. In 2008 Pearl Group Ltd. bought the life business of Resolution plc.