Friends First has a long and distinguished history in the Irish insurance market.
Friends Provident is set up by the Society of Friends (Quakers) to help orphans of school teachers.
The Friends Provident Institution is founded in Yorkshire in 1832 to provide life assurance to members of the Society of Friends (Quakers). It is formed under the Friendly Societies Act, which is designed to provide security to such societies and to promote good order.
The first branch of Friends Provident is set up in Ireland. Policies are sold by agents who are members of the Society of Friends and during the period 1843-1862 there are 8 active agents in Dublin and Belfast.
The Friends Provident Institution Act incorporates the Institution as a mutual life assurance office and enables it to sell policies to those outside the Society of Friends for the first time.
The Friends Provident Institution takes over the Century Insurance Co. Ltd. which was formed in 1885 and has branches in Dublin and Belfast. It becomes known as Friends Provident & Century Life Office, one of the larger composite (life and general insurance) offices in Ireland.
Friends Provident & Century Life Office splits its branches between life and general with the establishment of 20 Friends Provident branches in the UK and Ireland and 20 Century branches for the UK.
The Century (general insurance side) is sold and the office is renamed Friends Provident Life Office.
Friends Provident becomes a fully domesticated Irish company – Friends Provident Life Assurance Company (FPLAC).
Friends Provident (FPLAC) becomes part of the Eureko Alliance. Achmea is a founding member of this group.
Friends Provident (FPLAC) buys National Mutual Life.
Friends Provident (FPLAC) in Ireland rebrands and becomes Friends First.
Achmea becomes full owner of Friends First.