Underwriter Steve Hosking looks back at his 40-year career at Cirencester Friendly and changes in the protection industry over the past four decades.
When Steve Hosking joined Cirencester Friendly in 1983 both the organisation and the world was a very different place. Margaret Thatcher was Prime Minister, one of just 23 female MPs. The average house price was £36,000, which equates to just £100,000 in today's money, something that current first-time buyers can only dream about. A packet of 20 cigarettes, which could be smoked almost anywhere, was just 21p or just over a penny each! Cirencester Friendly itself was a tiny organisation. Besides Steve, who joined as a general clerk, there were just six other employees and 17,000 members. ...
To continue reading this article...
Join COVER for free
- Unlimited access to real-time news, key trend analysis and industry insights.
- Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
- Receive breaking news stories straight to your inbox in the daily newsletter.
- Members only access to monthly programme 'The COVER Review'
- Be the first to hear about our CPD accredited events and awards programmes.