|Sir Mark Weinberg, (Chairman)|
The Company was founded by Mark Weinberg in 1961 as the Abbey Life Assurance Company. ITT Corporation bought a half interest in the Company in 1964 and in 1970 bought the rest. It was first listed on the London Stock Exchange in 1986. In 1988, the then Lloyds Bank acquired a majority stake in the business which became known as Lloyds Abbey Life. The Company became wholly owned by Lloyds TSB in 1996 and absorbed Hill Samuel Life Assurance Company in 1998. It lost its sales force in 2000 when it closed to new business.
- Unisys and Abbey Life strike major outsourcing deal Businesswire, 18 January 2001
- Buoyant Lloyds TSB offloads insurer Abbey Life The Guardian, 1 August 2007
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