About Pension Insurance Corporation
Pension Insurance Corporation is a company based in London (United Kingdom) founded in 2006 was acquired by Athora in July 2025.. Pension Insurance Corporation has raised $972.38 million across 3 funding rounds from investors including CVC, Athora and Raven Housing Trust. Pension Insurance Corporation offers products and services including Pension Buyout and Pension Buy-in. Pension Insurance Corporation operates in a competitive market with competitors including Intact Ventures, ERS, Markerstudy Group, Syncora Holdings and PHLY, among others.
- Headquarter London, United Kingdom
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Pension Insurance Corporation Plc
- Date of Incorporation 13 Feb, 2006
- Jurisdiction LONDON
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Annual Revenue
$5.59 B (USD)-56as on Dec 31, 2021
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Net Profit
$1.25 B (USD)223as on Dec 31, 2022
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EBITDA
$1.42 B (USD)276as on Dec 31, 2022
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Total Equity Funding
$972.38 M (USD)
in 3 rounds
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Latest Funding Round
$160.3 M (USD), Debt – Conventional
May 11, 2022
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Investors
CVC
& 3 more
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Employee Count
Employee Count
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Acquired by
Athora
(Jul 03, 2025)
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Products & Services of Pension Insurance Corporation
Pension Insurance Corporation offers a comprehensive portfolio of products and services, including Pension Buyout and Pension Buy-in. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Transfers full pension liabilities from schemes to insurer
Provides partial insurance for pension scheme obligations
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Software Development Team
21 people
Head Team
11 people
Finance and Accounting
11 people
Senior Team
8 people
Operations Team
5 people
Leadership Team
4 people
Legal and Compliance
2 people
Data Analysis and Operations Team
2 people
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Funding Insights of Pension Insurance Corporation
Pension Insurance Corporation has successfully raised a total of $972.38M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $160.3 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $160.3M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Debt – Conventional - Pension Insurance Corporation | Valuation |
investors |
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| Feb, 2020 | Amount | Private Equity Round - Pension Insurance Corporation | Valuation | CVC |
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| Jun, 2018 | Amount | Private Equity Round - Pension Insurance Corporation | Valuation | ADIA |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Pension Insurance Corporation
Pension Insurance Corporation has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include CVC, Athora and Raven Housing Trust. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Mezzanine financing and equity investments are provided by CVC.
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Founded Year | Domain | Location | |
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Raven Housing Trust is engaged in providing social housing solutions.
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Founded Year | Domain | Location | |
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Long-term value is created through diversified sovereign wealth investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Pension Insurance Corporation
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Pension Insurance Corporation
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pension Insurance Corporation Comparisons
Competitors of Pension Insurance Corporation
Pension Insurance Corporation operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Intact Ventures, ERS, Markerstudy Group, Syncora Holdings and PHLY, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of property & casualty insurances
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| domain | founded_year | HQ Location |
ERS is recognized as a specialist motor insurer in the UK.
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| domain | founded_year | HQ Location |
P&C insurance broker
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| domain | founded_year | HQ Location |
P&C insurance carrier
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| domain | founded_year | HQ Location |
Commercial property and casualty insurance is provided nationwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Pension Insurance Corporation
Frequently Asked Questions about Pension Insurance Corporation
When was Pension Insurance Corporation founded?
Pension Insurance Corporation was founded in 2006 and raised its 1st funding round 12 years after it was founded.
Where is Pension Insurance Corporation located?
Pension Insurance Corporation is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Pension Insurance Corporation?
Tracy Blackwell is the current CEO of Pension Insurance Corporation.
Is Pension Insurance Corporation a funded company?
Pension Insurance Corporation is a funded company, having raised a total of $972.38M across 3 funding rounds to date.
What is the annual revenue of Pension Insurance Corporation?
Annual revenue of Pension Insurance Corporation is $5.59B as on Dec 31, 2021.
What does Pension Insurance Corporation do?
Pension Insurance Corporation was established in 2006 and is based in London, United Kingdom. Operations are centered on the insurance sector, where pension risk transfer and liability coverage services are offered. Pension schemes are bought out and managed to secure member benefits, while employer liabilities are assumed. The firm operates primarily within the UK market, handling complex pension obligations for various clients.
Who are the top competitors of Pension Insurance Corporation?
Pension Insurance Corporation's top competitors include Intact Ventures, ERS and Ripe Insurance.
What products or services does Pension Insurance Corporation offer?
Pension Insurance Corporation offers Pension Buyout and Pension Buy-in.
Who are Pension Insurance Corporation's investors?
Pension Insurance Corporation has 4 investors. Key investors include CVC, Athora, Raven Housing Trust, and Abu Dhabi Investment Authority.