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prudential plc Prudential plc
Established in London in 1848, Prudential plc is a leading international
financial services group with funds under management of £165 billion as at
31 December 2000, and some 20,000 employees worldwide.
Prudential UK Insurance Operations
Prudential is one of the UK’s leading life insurers. Its UK insurance operations
include Prudential Financial Services, Prudential Intermediary Business and
Prudential Insurance Services, providing advice on a broad range of financial
products including life insurance, pensions and savings plans.
Scottish Amicable
Scottish Amicable was acquired by Prudential in 1997. It is Prudential’s
leading Independent Financial Adviser (IFA) brand. It is committed to
supporting advisers through a combination of high levels of service and a
strong product range.
M&G
M&G was founded in 1931 and was acquired by Prudential in 1999. As
Prudential’s European fund manager, M&G is responsible for managing
£130 billion of funds and is one of the largest retail unit trust managers in
the UK. M&G’s institutional business focuses on segregated fixed interest
and pooled pension funds.
Egg plc
Egg was launched in October 1998. In June 2000, Prudential completed an
Initial Public Offering of a minority share of Egg. Now established as a
household name, Egg has become a leading internet financial services
brand, providing banking products and intermediation services over the
internet. Egg offers deposit accounts, credit cards, personal loans, mutual
funds, general insurance and on-line shopping.
Prudential Europe
Prudential Europe was formed in 1999 and is responsible for spearheading
Prudential’s expansion into continental Europe. It currently has operations in
France and Germany where it has established strategic alliances with strong
local partners. In addition, it has established a leading position in the unit-linked
market through its German broker business.
Prudential Corporation Asia
Prudential Corporation Asia has operations in 11 countries in Asia. It has
some 3,000 staff and a network of over 32,000 agents who develop and
sell a range of insurance and investment products tailored to the needs of
each local market.
Jackson National Life
Jackson National Life was acquired by Prudential in 1986 and is one of the
leading writers of individual life insurance and annuities in the US,
providing products and services in 50 states. It employs 2,300 people and
distributes its products through independent agents, broker-dealers and
financial institutions.