Press

Oneglobal purchases Life and Annuity Services, Bermuda

London, UK, 6th October 2025 – Oneglobal Broking, the J.C. Flowers & Co majority owned London based international retail and wholesale insurance broker is proud to announce the acquisition of Life and Annuity Services, Bermuda marking a significant milestone in its strategic growth and diversification efforts. Completion of the transaction is subject to regulatory approval.

This acquisition enhances Oneglobal’s capabilities in delivering comprehensive risk solutions across both corporate and individual markets. By integrating Life and Annuity Services into its portfolio, Oneglobal is positioned to offer clients a broader spectrum of financial protection, tailored to evolving global needs.

Headquartered in Bermuda, Life and Annuity Services will continue to trade under its existing name although will be fully owned and integrated into Oneglobal.

Roger Spicer, Group CEO of Oneglobal, commented:

“We are excited to welcome Scott Barnett and his team to Oneglobal, in a move that reflects our commitment to bring a holistic offering to our clients. Scott and his team provide us with capabilities in life insurance, annuity planning, and international broking, while maintaining the high standards of professionalism and personalized service that our joint clients have come to expect.

Scott Barnett, CEO of Life and Annuity Services, commented:

“Thank you for the warm welcome. My team and I are thrilled to join Oneglobal and to bring our deep expertise in life insurance and annuity planning for High Net Worth and Ultra High Net Worth clients to the table. This partnership marks an exciting opportunity to expand our offerings and provide even more comprehensive solutions to our clients.

At Life & Annuity Services, we’ve built our reputation on delivering personalized life insurance strategies that meet the evolving needs of clients across diverse markets. We look forward to leveraging our experience in international life insurance broking to further enhance the exceptional service and standards Oneglobal clients have come to expect.

By combining our strengths, I’m confident that we will set new benchmarks in the industry and offer unparalleled value in life insurance solutions and we look forward to the journey ahead.”

For more information contact:
pr@freebrands.co

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