the masonic mutual

What the masonic mutual does

The Masonic Mutual Limited is a private, member-owned discretionary mutual established in 2014 by the United Grand Lodge of England (UGLE), the Royal Masonic Benevolent Institution (RMBI), and The Supreme Council of the Ancient & Accepted Scottish Rite. It provides insurance and risk protection exclusively to Masonic organisations across England, Northern Ireland, Scotland, and Wales, including Provincial Grand Lodges, Masonic Centres, individual Lodges and Chapters, and historic-building owners. The mutual reports approximately 500 members and offers Masonic Buildings & Liabilities Cover and Lodge and Chapter Cover for buildings, contents, fine art, regalia, money, equipment, and legal liabilities.

Revenue comes primarily from recurring annual member contributions for risk coverage. Entry-level Lodge and Chapter cover starts at £100 per year, Individual Lodge cover starts at £90 per year, and Masonic Building cover is quote-based, with additional non-mutual insurance placed for members when required. Tower Insurance Brokers manages marketing, sales, renewals, claims, and complaints, while a members-only platform provides password-protected policy and AGM documents. Member ownership, elected voluntary directors, no external shareholders, discretionary claim settlement, and the absence of communicable-disease exclusions on specified liability sections are structural features of the offering.

Name

the masonic mutual

Legal name

Masonic Mutual Limited

Website

https://themasonicmutual.com

Company type

Private

Founded year

2014

Operating status

Operating

Short description

The Masonic Mutual is a member-owned UK insurer serving Masonic organizations with tailored building, contents, regalia and liability cover, plus member services and ancillary insurance placements through a discretionary mutual model managed by Tower Insurance Brokers.

Ownership category

akta.pro rank

Product category

Specialty Mutual Insurance

NAICS

Insurance Carriers and Related Activities (524)

SIC

Insurance Carriers, Nec (6399)

akta.pro primary industry

Nonprofit / Social Services BOP (FSAJAFAM)

akta.pro secondary industry

Fidelity Bonds (Employee Dishonesty) (FSAJAIAD)

Keywords

• Mutual insurance
• Masonic insurance cover
• Heritage building insurance
• Discretionary mutual cover
• Liability insurance

Headquarters

HQ city

Lytham

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Member Contributions (Insurance Premiums): Masonic Mutual collects member contributions (insurance premiums) from Masonic organisations in exchange for risk coverage. As a member-owned mutual with no shareholders, any surplus from contributions exceeding claims and expenses belongs to members and is reinvested for their benefit.
2. Day One Uplift Coverage: Building damage cover is arranged on a 'day one' basis with an agreed uplift percentage (standard 15%) to cater for inflation during the reinstatement period. Members can negotiate higher uplift percentages.
3. Non-Mutual Insurance Placement: The mutual also places non-mutual insurances for members who require additional covers not provided by the mutual itself.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

The Masonic Mutual is a member-owned discretionary mutual insurance company, established in 2014, that provides tailored insurance and risk protection cover exclusively to Masonic organisations across England, Northern Ireland, Scotland, and Wales. Its core offerings are two products: Masonic Buildings & Liabilities Cover (comprehensive cover for buildings, contents, regalia, and liability types) and Lodge & Chapter Cover (cover for individual lodges and chapters protecting regalia, furniture, and liabilities). Day-to-day operations are managed by Tower Insurance Brokers.

Product overview

The Masonic Mutual offers two core insurance products: Masonic Buildings & Liabilities Cover (a comprehensive insurance product for Masonic organisations covering buildings, contents, and all major liability types) and Lodge and Chapter Cover (tailored cover for individual Masonic lodges and chapters protecting regalia, furniture, and liabilities). Both products are provided through a member-owned mutual structure, offering an alternative to conventional insurance with cover that can be customized to suit individual member needs.

Differentiator

Problem solved

Functional benefit

Products and services

• Masonic Buildings & Liabilities Cover Comprehensive insurance cover tailored specifically for Masonic organisations, protecting buildings, contents, fine art, Masonic regalia, and providing liability coverage including Property Damage, Business Interruption, Employers' Liability, Public and Products Liability, Trustee and Management Liability, Professional Indemnity, Fidelity, Money, Equipment Breakdown, Goods in Transit, Personal Accident, and Loss of Licence. Includes day-one uplift of standard 15% on building sums insured to cater for inflation during the reinstatement period, and includes Communicable Disease coverage without exclusion.
• Lodge and Chapter Cover Insurance cover for individual lodges, chapters, and other Masonic units that do not own or lease buildings, providing coverage for contents, regalia, furniture, and legal liabilities including Public & Products Liability (£2,000,000), Employers' Liability (£10,000,000), Fidelity (£50,000), Loss of Money (£2,500), and Assault following Robbery (£10,000). Regalia cover extends anywhere in the EU. Annual contributions start from £90-£100 per year depending on cover selected.
• Free Rebuild Cost Assessment A free property revaluation service provided to members and prospective members of the Masonic Mutual, designed to identify underinsurance in Masonic buildings. Among members who participated, under-insurance averaged 38%, addressing a key pain point around inflation and rising material costs.

Quantifiable outcome

• 500 members and growing month by month since 2014
• +3 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Five partnerships are on record, tiered core.

• Masonic Halls Advisory GroupcoreStrategic or Co-development Partner · 1 January 2023The Masonic Halls Advisory Group co-presented with Masonic Mutual on practical guidance for members regarding underinsurance, inflation, and building reinstatement values. John Pagella, a Director of Masonic Mutual, is Chairman of the Steering Group responsible for managing the Best Practice Guidance Manual for Masonic Halls and Centres.
• Tower Insurance Brokers LimitedcoreImplementation/ SI/ Consulting Partner · 1 January 2014Tower Insurance Brokers Limited manages Masonic Mutual's day-to-day operations including marketing, sales, renewals, claims and complaints handling. They are specialists in creating and managing discretionary mutuals and are authorised and regulated by the Financial Conduct Authority (FRN: 805562). Masonic Mutual is an appointed representative of Tower Insurance Brokers.
• United Grand Lodge of England (UGLE)coreStrategic or Co-development Partner · 1 January 2014UGLE is one of three founding members of Masonic Mutual. Quentin Humberstone, Treasurer of UGLE (until 2021), is Chairman of Masonic Mutual. UGLE provides governance oversight and credibility within the Masonic fraternity.
• Royal Masonic Benevolent Institution (RMBI)coreStrategic or Co-development Partner · 1 January 2014RMBI is one of three founding members of Masonic Mutual. Christopher Head, Executive Director of Finance for RMBI (retiring 2014), serves as a Director on the Masonic Mutual Board.
• The Supreme Council of the Ancient & Accepted Scottish RitecoreStrategic or Co-development Partner · 1 January 2014The Supreme Council is one of three founding members of Masonic Mutual. Robin Furber, Grand Secretary of the Supreme Council (2004), was the founding Chairman of Masonic Mutual until stepping down in 2020.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Ansvar Insurance: UK specialist insurer focused on charities, faith-based organisations, education, and care sectors. Most directly comparable to Masonic Mutual given its narrow specialist focus on non-profit and faith-related insurance customers and product tailoring to niche client needs.
• Ecclesiastical Insurance: Specialist UK insurer serving faith organisations, charities, and heritage property owners. Closely comparable in serving religious and historic-building clients with tailored cover, mutual heritage, and deep sector specialism akin to Masonic Mutual.
• NFU Mutual: One of the UK's largest mutual insurers, owned by its farming members rather than external shareholders. Comparable mutual structure, member-governance model, and focus on a defined community of members with tailored products.
• Cornish Mutual: UK regional mutual insurer serving farmers and rural businesses in the South West. Comparable as a member-owned mutual with a defined community focus and products tailored to a niche customer base.

Broad incumbents

• Hiscox UK: UK specialist insurer offering tailored commercial and specialty lines including heritage property. Comparable for its specialty and niche-segment orientation, though serving a broader and more diverse customer base than Masonic Mutual.
• Markel UK: UK specialist insurer operating across niche commercial lines including heritage, charity, and faith-related risks. Comparable specialist underwriting orientation though materially larger and broader in scope than Masonic Mutual.
• Aviva: One of the UK's largest general insurers with significant commercial and heritage property exposure. Comparable as a UK insurer with presence in property and liability cover for non-profits, but operates at vastly greater scale across all lines.
• Allianz UK: Major UK general insurer offering commercial property, liability and specialty lines including heritage and faith-sector risks. Comparable only in that it competes for the same underlying commercial insurance customers, but with a much broader portfolio.
• PIB Group: Large UK specialist insurance broker with significant presence in charity, faith, and heritage property placement. Comparable as a competing distribution channel for niche UK insurance customers, though it is a broker rather than a carrier.

Others

• Sedgwick: Global provider of claims management and loss-adjusting services. Already an adjacent partner of Masonic Mutual (delivered member presentations in 2022) and a comparable ecosystem participant serving the same insurance value chain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/MasonicMutual
• LinkedInlinkedin.com/company/the-masonic-mutual

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 the masonic mutual