Our parent company, Quilter plc, has announced its intention to sell Quilter International to Utmost Group. Following completion of the sale, Quilter International will become part of Utmost International, part of Utmost Group, and together will create the market leader in international life assurance.
We believe Utmost International is an excellent organisation to look after Quilter International customers as it is a highly regarded business which is culturally aligned with Quilter and focused on growth in the markets in which Quilter International already operates.
The transaction, which is subject to approval by Quilter’s shareholders and from UK and overseas regulators, is expected to complete by the end of 2021 or early 2022.
Why is Quilter plc selling Quilter International?
Quilter International has been an important part of Quilter’s story so far, however, looking forward Quilter aims to simplify its business and focus on its principal customer groups in the UK market.
What does the sale mean for my policy with you?
There is no straight away change and your policy will continue as it does today.
How can I contact the teams dealing with my policy?
There is no change to our Contact Centre and all our support and servicing teams remain the same.
Can I still access your online services, including Wealth Interactive?
Yes – there is no change to our online services for the time being.
What happens next?
We will seek the necessary approvals from shareholders and regulators and work with Utmost International to complete the transaction and prepare for a smooth transition to ensure that the interests of advisers and their clients are protected. This will take several months. We will ensure we keep you updated on progress via the website and through direct communication as appropriate.