Protection providers Wiltshire Friendly and Holloway Friendly have today announced proposals to merge.

The proposed transfer date is 1 October 2026, subject to regulatory approval.

Mortgage Strategy’s sister title Money Marketing can confirm that Holloway Friendly will be the legal entity, as Wiltshire believe it offers a better and more secure future for their members.

This is the second merger of UK mutuals announced this year with the OneFamily and Scottish Friendly expected to merge in early 2027.

Holloway Friendly’s leadership team will remain in place, and it is expected that Jon Gratland, chief executive of Wiltshire Friendly, will retire once the merger is complete.

“Our focus throughout will be on delivering long-term value for members, supporting our staff and maintaining high standards of service.

“This merger allows us to build on our respective strengths and create a mutual that is in a better position for the future.” he said.

The combined organisation deliver high-quality income protection (IP) and health-related benefits to members across the UK.

Holloway Friendly chief executive Ben Pears said: “This is a significant opportunity to build a stronger, more sustainable mutual for our member-focused organisation.

“Wiltshire Friendly shares our values, heritage and commitment to doing the right thing for our members. We share a proud mutual history and the same purpose.”