Investment and Life Assurance Group

What Investment and Life Assurance Group does

Investment and Life Assurance Group Limited (ILAG) is a UK-based representative trade association founded in 1972 (originally as Linked Life Assurance Group, renamed in 1994 and incorporated as a company limited by guarantee in 2008). It serves professionals and firms operating at the intersection of the UK life insurance, pensions and investments industries, providing a neutral forum for cross-vertical collaboration, regulatory engagement and professional development. ILAG does not build proprietary technology; its offering is delivered through a standard digital stack — an ASP.NET-based member website, Microsoft Teams for virtual meetings, Demio for event hosting, MailChimp for email communications and Google Analytics for site measurement.

ILAG's product surface consists of twelve active practitioner groups (covering Distribution, Digital/Technology/Innovation, Financial Crime, Financial Reporting, Pension Technical, Protection, Prudential Regulation, Regulation UK/EU, Risk Management, Tax, Strategy/Intelligence/Insight and Workplace Protection/Health/Wellbeing), a CPD-accredited events programme of seminars, webinars and conferences, formal consultation responses to the FCA, PRA, HMRC, DWP, TPR, FRC and HM Treasury, recurring industry digests (Pension Technical Digest, Risk Round-Up, Financial Crime Round-Up), and liaison relationships with regulators and allied industry bodies such as ABI, GRiD and Fair4All Finance.

Revenue is generated through a subscription-based membership model with two tiers — Full Membership (unlimited access plus voting rights on critical matters) and Associate Membership (tailored access for consultancies, smaller firms and individuals). Pricing is not publicly disclosed and is quoted on request. Named Full Members span the largest UK life insurers, reinsurers and financial institutions including Aviva, Legal & General, Royal London, Standard Life, Scottish Widows, HSBC, Zurich, Swiss Re, SCOR, Gen Re, Hannover Re UK, RGA UK, Canada Life UK and Pacific Life Re. ILAG operates from a single registered office in Thames Ditton, United Kingdom, and is governed by a Board of Directors chaired by Peter Hamilton of Zurich Assurance Limited.

Name

Investment and Life Assurance Group

Legal name

Investment and Life Assurance Group Limited

Website

https://ilag.org.uk

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

1–10 employees

Short description

ILAG is a UK representative trade association founded in 1972 serving the life insurance, pensions and investments industries through practitioner groups, CPD-accredited events, regulatory consultation responses and industry digests, funded by subscription membership from major UK insurers and reinsurers.

Ownership category

akta.pro rank

Product category

Trade Association Services

NAICS

Business Associations (813910)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Affinity, Membership & Association Referral Programs (FSAEAMAL)

akta.pro secondary industry

Annuities & Investment-Linked Insurance Solutions (Retail) (FSAAAAAM)

Keywords

• Trade association services
• Membership organization
• Regulatory consultation responses
• Professional networking events
• Industry liaison services

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Membership Fees: ILAG generates revenue through membership fees. The organization offers two tiers: Full Membership with unlimited access to all services and voting rights on critical matters, and Associate Membership designed for consultancies, smaller firms and individuals with tailored access to key services. The revenue model is subscription-based, with members paying for ongoing access to collaborative forums, events, and industry influence opportunities.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

ILAG operates as a representative trade association offering a unified membership platform for UK life insurance, pensions, and investment professionals. Its core offering comprises twelve practitioner groups for peer collaboration, a CPD-accredited events programme of seminars, webinars and conferences, formal consultation responses to regulators (FCA, PRA, HMRC, DWP), industry digests, and external engagement with government and regulatory bodies. Members access services through a tiered subscription model differentiated between Full Membership and Associate Membership.

Product overview

ILAG operates as a representative trade association offering a unified digital community platform for the UK life insurance, pensions, and investment industries. The core offering consists of practitioner groups for peer collaboration, an events programme with CPD-accredited seminars and webinars, consultation response services to regulatory bodies, industry digests, and external engagement with regulators and government. Members access these services through website login, with unlimited event access based on membership tier. The platform integrates with Microsoft Teams for virtual meetings, Demio for event hosting, and MailChimp for communications.

Differentiator

Problem solved

Functional benefit

Products and services

• ILAG Community Platform Digital membership platform providing a thriving community for professionals from the life insurance, pensions, and investments industries. Offers member login, registration, event booking, consultation responses, digests, and group collaboration features for UK financial services enterprises and individuals.
• Practitioner Groups Twelve active peer collaboration groups covering Distribution, Digital/Technology/Innovation, Financial Crime, Financial Reporting, Pension Technical, Protection, Prudential Regulation, Regulation (UK & EU), Risk Management, Tax, Strategy/Intelligence/Insight, and Workplace: Protection/Health/Wellbeing. Groups drive consultation responses and technical knowledge development for ILAG members.
• Events Programme Seminars, webinars, conferences and online member events offering CPD credits. Includes replay recordings of past events covering topics such as AI deployment in financial services, digital assets, neurodiversity, protection issues, and endometriosis workplace impacts.
• Consultation Responses Formal written responses to regulatory consultations from FCA, PRA, DWP, HMRC, HM Treasury, and other bodies. Covers pension, insurance, financial services regulatory proposals, IFRS amendments and other policy matters affecting UK life insurance, pensions and investments.
• Industry Digests Regular publications including Pension Technical Digest, Risk Round-Up, and Financial Crime Round-Up, providing links to updates and news of interest across the UK life insurance, pensions and investments industry.
• Presentation Slides Access to presentation materials from ILAG events and industry presentations for member use, accessible via the slides section of the member portal.
• Industry Engagement Services External liaison meetings with UK regulators (FCA, PRA, HMRC), attendance at industry events, and strategic relationships with bodies such as ABI, TPR, GRiD, and Fair4All Finance to influence government and regulatory policy on behalf of members.

Named customers19 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Recent moves8 records

Expansion highlights3 records

Direct peers

• Personal Investment Management & Financial Advice Association (PIMFA): UK trade association for wealth management, investment advisers and financial planners. Overlaps with ILAG's Investments segment and competes for influence with the FCA on retail investment and pension advice rules.
• Pensions Management Institute (PMI): The UK's leading professional body for the pensions industry, offering CPD, training and policy engagement. PMI competes directly with ILAG's Pension Technical practitioner group for pensions-focused members and influence with TPR/DWP.
• The Investment Association (IA): UK trade body for investment managers, with regulatory engagement on FCA, HMRC and TPR matters that overlap with ILAG's Investments segment. Competes for the same investment-vertical members and Associate-tier asset managers/consultancies.
• Chartered Insurance Institute (CII): The UK's largest professional body for insurance and financial services, awarding the Chartered Insurer designation and running CPD programmes. CII competes with ILAG for individual professional members seeking CPD and industry credentials.
• Society of Pension Professionals (SPP): A UK society for pension professionals providing policy lobbying and technical forums. Overlaps with ILAG's Pension Technical and Protection practitioner groups and competes for the same pensions specialist member base.
• Association of British Insurers (ABI): The UK's principal insurance trade association, representing the vast majority of UK insurers including most of ILAG's members (Aviva, L&G, Zurich, etc.). It is the most direct competitor for ILAG's Full-member insurers, with broader scope but less depth on pensions/investments intersection — exactly ILAG's positioning.
• Association of Consulting Actuaries (ACA): UK body representing consulting actuarial firms, providing industry-wide policy input on pensions, life and health insurance. Competes with ILAG's Associate Membership tier for actuarial consultancies and overlaps on consultation responses to TPR/DWP.
• British Insurance Brokers' Association (BIBA): UK trade association for insurance intermediaries and brokers. While focused on distribution rather than underwriting, BIBA overlaps with ILAG's Distribution practitioner group and competes for industry-engagement mindshare among intermediary members.

Emerging players

• Insurance and Actuarial Society of the UK & Ireland (SPARK Society): A specialist UK actuarial society. Less broad than ILAG but targets the same actuarial community within UK insurers and consultancies, with potential overlap on technical consultation responses.

Regional players

• Insurance Fraud Bureau (IFB): UK not-for-profit body tackling insurance fraud, funded by insurers. While narrower in scope, it engages many of ILAG's same members on Financial Crime matters (one of ILAG's practitioner groups), making it a thematic peer for that vertical.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/uk-ilag

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Investment and Life Assurance Group