GOVERNANCE

The Oddfellows' governance

Our planet, people and practices. We take our environmental, social and governance responsibilities seriously.

In 1810, we made sure workers and their families who were unable to be insured by traditional trade guilds had someone to turn to should they fall on hard times.

Listening carefully and responding respectfully to societal change has always mattered to us, as well as treating people fairly.

We remain a non-profit and mutual, owned by our 365,400* UK members, not shareholders. It means our products and services reflect their needs, and are shaped in a collaborative and transparent way.

We have over £750m** of funds under management, and are regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA).

The Oddfellows includes Unity Mutual, our financial services brand, as well as Oddfellows Support Services Limited.

*1 January 2024 **March 2022

A mutual

We're a proud member of the Association of Financial Mutuals (AFM), the trade body that represents friendly societies such as ourselves, mutual insurers and other financial mutuals across the UK.

Tackling climate change

Climate

Since 2020, we've been calculating and offsetting our annual carbon footprint, and are taking actions to tackle climate change and manage risks. We're currently a Carbon Neutral Plus organisation. Find out more.

Promoting diversity

Diversity

We recognise the importance of diversity in creating an inclusive culture for staff, members and customers, and welcome the inclusion of a range of experiences, perspectives, ideas and talents into the Society. Find out more.

Giving back to our communities

Giving Back

Our members are bonded by a shared desire to help others. Funding life-changing medical research, supporting the RNLI and raising money for many local good causes are just some of the ways in which we try to make a real difference in our communities. Find out more.

An age-friendly employer

Age-friendly

We agree that multigenerational workforces drive productivity and innovation. That's why the Oddfellows has taken the Centre for Ageing Better's Age-friendly Employer Pledge and is committed to improving the working lives of people in
their 50s and 60s, and beyond. Find out more.

Achieving more together

All Branch members over the age of 18 have the opportunity to become elected Deputies, who can vote on resolutions at our annual conference (AMC). We believe in responsible, respectful collaboration, and over our 200-plus years as a friendly society, we’ve learnt that we can achieve much more when we come together.

If you are an Insurance member ie you have an insurance policy with us, and you are not a Branch member, then you can apply to attend our AMC as a voting Deputy. Applications must be received on or before 10 March 2025. To find out more, contact Jane Nelson on 0161 832 9361, or email jane.nelson@oddfellows.co.uk.

The Oddfellows' next AMC will take place in Scarborough on 19-21 May 2025.

Reports and Financial Statements

Reports

View our latest Reports and Financial Statements, Solvency and Financial Condition Report and Climate Change Disclosures.

Customer friendly principles and practices

Reports

Our Customer Friendly Principles and Practices of Financial Management Report is a useful guide for anyone with a with-profits policy with the Oddfellows. It covers the main points of our Principles and Practices of Financial Management and explains how we manage our with-profits funds. View report.