Demutualisation has ripped through many countries’ mutual sectors, as people have sought to cash in on many decades, even centuries, of legacy assets that were built up by generations of members. Yet it has not happened everywhere and there are lessons we can learn from those countries with large co-operative and mutual sectors.
In this new publication Mutuo’s Peter Hunt examines the history and impact of demutualisation, the stated reasons given for it, and explores in detail last year’s failed attempt to demutualise the UK’s second largest mutual insurer, LV=. The document concludes with a toolkit which sets out clearly how demutualisation can be stopped by a mixture of member action, media spotlight and political support.
