Stakeholder relations

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

Our purpose

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 Standard & Poor’s (S&P) and AM Best. The table below lists the current financial strength ratings from each rating agency.

AgencyFinancial strengthLast updateOutlook
S&PA-Affirmed June 2020Stable
AM BestAAffirmed May 2020Stable

Rating agencies use different terms to describe their rating categories. Our rating from S&P is in their ‘strong’ category and our rating from AM Best is in their ‘excellent’ category.

Ecclesiastical Insurance Office PLC Investor relations

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Board of Directors

David Henderson

David Henderson

Chairman

Andrew McIntyre

Andrew McIntyre

Independent Non-Executive Director

Angus Winther

Angus Winther

Independent Non-Executive Director

Chris Moulder

Chris Moulder

Senior Independent Non-Executive Director

François-Xavier Boisseau

François-Xavier Boisseau

Independent Non-Executive Director

Neil Maidment

Neil Maidment

Independent Non-Executive Director

Denise Cockrem

Denise Cockrem

Executive Director

Jacinta Whyte

Jacinta Whyte

Deputy Group Chief Executive

Mark Hews

Mark Hews

Group Chief Executive

Sir Stephen Lamport

Sir Stephen Lamport

Independent Non-Executive Director

Rita Bajaj

Rita Bajaj

Independent Non-Executive Director