How we’re governed

Achieving more together

As a mutual, we have no shareholders. This means that our members can have a say in how we operate, which is very important to us. It ensures we remain focused on what really matters – our members and their needs.

All Oddfellows 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 so much more when we come together.

The Oddfellows is a proud member of the Association of Financial Mutuals (AFM), the trade body that represents mutual insurers, friendly societies such as ourselves and other financial mutuals across the UK. Our Insurance Director, Ben Pears, currently sits on the board.

We're also regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA), and we take seriously our responsibilities to treat our customers – our members – fairly.