LIFE COMPANY CONSOLIDATION GROUP
LCCG, a Guernsey incorporated company specialising in the acquisition of life businesses, was founded by Paul Thompson, Chief Executive Officer (“CEO”) and Ian Maidens, Chief Financial Officer (“CFO”) in May 2013. Its principal activity is the acquisition and consolidation of books of life assurance business in Europe, combined with a targeted approach towards new business opportunities.
Each of the founders has a long history in the life insurance sector:
- Paul was Group CFO and CEO of Britannic Group plc and then Group CEO of Resolution plc; and
- Ian was Group Chief Actuary and Head of Corporate Development of Resolution Life Group Limited, and of Resolution plc following the merger with Britannic Group, before playing a key role in the creation of Friends Life Group Limited (previously known as Resolution Limited).