Pension Insurance Corporation

Pension Insurance Corporation (PIC) is an insurance company based in London, United Kingdom. Established in 2006, the company provides wholesale insurance annuity products to the trustees and sponsors of defined benefit pension funds in the United Kingdom. Additionally, it offers pension insurance buyouts, buy-ins and longevity insurance services. It is authorized by the Prudential Regulation Authority (PRA) and regulated by the PRA and the Financial Conduct Authority (FCA). It operates as a subsidiary of PIC Holdings. The assets are managed by the Board of Directors.