BPA

Firm wrote £1.5bn of BPAs in 2025, with £1bn written in Q4 alone

SM&RT Insure has completed more than £1bn of transactions in total

Consultancy says PRT market will remain ‘highly active’ over the next 12 months

Deal with Miami-based insurer comes as Utmost looks to focus on wealth solutions

Transaction was completed using Aviva’s Clarity solution and secures the benefits of 51 members

Deal is the first in the UK between a mutual BPA provider and the scheme of another mutual insurance company

Firm reports £300m of BPA volumes over the quarter, compared to £200m in H1

Third and final buy-in secures the benefits of the remaining 300 scheme members

Trustee of the Seabourne Pension Scheme secures the deal with support from TPT

Transaction secures the benefits of 181 scheme members