Omnilife

Omnilife is a specialist insurer with over 30 years experience, providing safe and secure life insurance solutions. We focus on acquiring and managing the liabilities of closed life insurance portfolios, particularly annuities. 

We are backed by Reinsurance Group of America. RGA is one of the largest global life and health reinsurance companies, with consolidated assets of
$84.7 billion (as of 31 December 2022).

Our history
1988 - 2019

The business was founded in Cyprus as a specialist insurer. The business moves to the UK in 1994 providing Group Risk Insurance for UK business employees.

2019

The business is acquired by Reinsurance Group of America.

2020

Omnilife focuses on acquiring and managing the liabilities of closed life insurance portfolios, particularly annuities.

Our Board

Omnilife is led by CEO Deian Jones with careful oversight by the Board, ensuring the business is effectively governed and managed.

Our focus is the care and attention of our policyholders. Together, we are committed to building a trusted and specialist business based on our knowledge and excellent service.

Paul Whitlock
Chairman

Paul joined the Omnilife Board in 2020 and was appointed Chairman in November 2022. Paul is a qualified actuary and has over 35 years’ experience in the life insurance industry in both corporate and consulting environments. Latterly, Paul spent 25 years in consulting and business leadership positions at Willis Towers Watson, working with a wide range of UK and overseas companies, including as Chief Actuary to two major writers of annuity business. Earlier in his career, Paul was Finance Director for the UK operations of a Canadian financial services group.

Deian Jones
CEO

Deian was appointed CEO in January 2022 and is responsible for developing and growing the business. Deian is a Chartered Accountant with over 20 years’ experience in the insurance industry including 15 years at Hodge Life Assurance Company where he held the role of Managing Director, responsible for all aspects of developing the business, focusing on product design, customer outcomes and strategy. He previously worked as a Senior Manager at KPMG specialising in the retail financial services and life assurance sectors.

Mark Laidlaw
Chair of the Board Risk Committee

Mark joined the Omnilife Board in 2020 and was appointed Chair of the Board Risk Committee (formerly combined Audit and Risk Committee) in November 2022. Mark is a qualified actuary with over 30 years’ experience in the insurance industry working across life insurance, general insurance, asset management in the UK and internationally. He has held a number of senior positions including Chief Financial Officer, Chief Investment Officer and most recently Corporate Strategy Director at Liverpool Victoria.

Martin Pringle
Chair of Board Audit Committee

Martin joined the Omnilife Board in 2023 and was appointed Chair of the Board Audit Committee in September 2023. Martin is a qualified Chartered Accountant with over 20 years of experience in the Financial Services Industry for blue chip organisations such as Lloyds TSB, Scottish Widows, Assurant and Scottish Friendly. He has held a number of senior positions in his career including Acting Chief Executive for Scottish Friendly along with several senior Finance and Risk positions.

Lynzi Harrison
Chair of Nomination and Remuneration Committee

Lynzi joined the Omnilife Board, Board Audit Committee and Board Risk Committee in 2023 and was appointed Chair of the Nomination and Remuneration Committee and Consumer Duty Champion in July 2023. Lynzi is a qualified Accountant, HR Professional and Customer Experience Professional with over 25 years of experience in the Financial Services Industry, in Plc, Private Equity and Mutuals. She has held a number of senior positions in her career including UK Platform Director for Quilter plc and Managing Director of the Liverpool Victoria With Profits business.

Peter Banthorpe
Non Executive Director

Peter is Managing Director of RGA UK Services Limited, responsible for leading the management and growth of RGA’s business and operations in the UK and Irish markets. Previously, Peter led RGA’s Global Research and Data Analytics unit. Prior to joining RGA Peter worked at Ageas (now AIG Life), Munich Re UK and Mercer. Peter is a graduate of Cambridge University and qualified as an actuary in 2003.

Hamish Galloway
Non Executive Director

Hamish is Senior Vice President, Lines of Business and Innovation, Global Financial Solutions for RGA. Hamish was an integral member of the team that took RGA’s UK operations from a start-up to its current status as one of the market’s leading life reinsurance providers. Hamish graduated from Cambridge University’s Sidney Sussex College and qualified as an actuary in 1993. He is a Fellow of the Institute of Actuaries (FIA).