Stakeholder relations

The Stakeholder Relations section contains important information relating to Benefact Group plc, including our purpose, our current and past annual report and accounts, our regulatory announcements, shareholder publications and our governance documentation.

Our purpose

We are the Benefact Group – a charity owned, international family of financial services companies that exist to donate available profits to good causes. We’re built on the idea that better business, can better lives. Benefact Group’s purpose is to contribute to the greater good of society. In particular, the Group strives to improve the lives of customers, beneficiaries and society as a whole.

This is achieved by managing a portfolio of businesses that operate to the highest ethical principles. Benefact Group seeks to diversify and bring an ethical dimension to more aspects of society; and all businesses within the Group need to set a high bar, putting customers first and setting an example to others.

Our charitable purpose drives our strategic goal of being the most trusted and ethical business in our chosen markets. It creates an environment where sustainable, long-term value generation is prized over short-term results.

Learn more about the Benefact Group family

Our governance

The Board of directors is committed to applying the highest standards of corporate governance and believe that the affairs of the Company should be conducted in accordance with best business practice.

Financial strength ratings

A financial strength rating from a credit rating agency is an independent opinion of an insurer’s financial strength and ability to meet its ongoing insurance policy and contract obligations. Ratings are based on a comprehensive quantitative and qualitative evaluation of a company’s balance sheet strength, operating performance and business profile.

Benefact Group plc maintains an interactive relationship with credit rating agencies Moody’s and AM Best. The table below lists the current financial strength ratings from each rating agency in respect of Ecclesiastical Insurance Office plc.

AgencyFinancial strengthLast updateOutlook
AM BestAAffirmed August 2023Stable
Moody'sA2Affirmed August 2023Stable

Our ratings with Moody’s is A2 (stable) and with AM Best is A (Stable). This continues to give us confidence that we are able to deliver for our customers, clients and partners whilst maintaining our capital strength.

Ecclesiastical Insurance Office PLC Investor relations

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Board of Directors

David Henderson

David Henderson

Chairman

Mark Hews

Mark Hews

Group Chief Executive

Denise Cockrem

Denise Cockrem

Executive Director

Jacinta Whyte

Jacinta Whyte

Deputy Group Chief Executive

Chris Moulder

Chris Moulder

Senior Independent Non-Executive Director

Rita Bajaj

Rita Bajaj

Independent Non-Executive Director

François-Xavier Boisseau

François-Xavier Boisseau

Independent Non-Executive Director

Sir Stephen Lamport

Sir Stephen Lamport

Independent Non-Executive Director

Neil Maidment

Neil Maidment

Independent Non-Executive Director

Angus Winther

Angus Winther

Independent Non-Executive Director

Our Committees

Group Audit Committee

Chair: Chris Moulder

Members: Neil Maidment and François-Xavier Boisseau

Terms of Reference: Download here

Group Finance and Investment Committee

Chair: Angus Winther

Members: Rita Bajaj, François-Xavier Boisseau and David Henderson

Terms of Reference: Download here

Group Risk Committee

Chair: Neil Maidment

Members: François-Xavier Boisseau, Chris Moulder and Andrew McIntyre

Terms of Reference: Download here

Group Remuneration Committee

Chair: Sir Stephen Lamport

Members: David Henderson, Neil Maidment and Angus Winther

Terms of Reference: Download here

Group Nominations Committee

Chair: Chris Moulder

Members: David Henderson and Angus Winther

Terms of Reference: Download here

 

Benefact Group Documentation