Clerical Medical Investment Group Limited Reviews are derived from their current clients or partners to give an overall scope of the quality of services the company offers. Clerical Medical is a British life insurance, pensions and investment company founded in June 1824 as the Medical, Clerical and General Life Assurance Society by Dr George Pinckard who formed a committee of physicians and members of the clergy.
In 1855, they moved their headquarters to Lichfield House in St James's Square, London. Clerical Medical acquired the General Reversionary and Investment Company in 1913, and in 1920 a merger with The Employers’ Liability Assurance Corporation took place. In 1961 by Act of Parliament, Clerical Medical became a mutual office. They then moved their head office from St James’s Square, London to Bristol. Following the decision to demutualise the company in 1995, Clerical Medical merged with the Halifax in 1996, and was later absorbed into HBOS plc in 2001. HBOS was later bought by Lloyds TSB Group in January 2009. Lloyds TSB Group then announced in April 2009 that the Clerical Medical brand would eventually be phased out in favour of its Scottish Widows subsidiary.
They therefore became a subsidiary or Lloyds Banking Group in December 2009 – one of the biggest financial service providers in the UK. Lloyds Banking Group sold Clerical Medical International (CMI) to offshore life assurance company RL360° in 2015. Clerical Medical Investment Group have been one of the leading providers of pensions and investments since their inception. They are dedicated to providing consistent and dependable products and services that meet the varying investment needs of the multitude of clients. Alongside Scottish Widows, which is also a part of Lloyds Banking Group, Clerical Medical Investment Group Limited continues to deliver their products and services to their existing clients, and integrating with Scottish Widows means they can now provide an even stronger range of life, pension and investment products for their clients, offered under the Scottish Widows brand
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