Employee-owned

Building our success together.

In May 2023, the momentous news of Principle’s newly formed Employee Ownership Trust (“EOT”) was announced; making all 2,800+ employees the majority shareholder.

It was decided by Principle’s Founder & Executive Chairman, Douglas Cooke and the company’s Board of Directors, who all remain, that this was the best way for us to achieve the following key objectives:

Continuing the ethos of the company as one which cares deeply about its workforce and therefore acts for the benefit of its employees…

Preserving and building upon the legacy of the company by retaining its independence…

Maintaining the core identity of the Principle business and alongside this its reputation in the market…

Providing an effective platform for our future growth.

Our excellent offering remains

We care passionately about our people and our clients, and from this transaction there’ll be no change to our key metrics. Our clients will continue to see the same level of service excellence and our management teams have remained the same.

This one inclusive team approach enables us to further enhance our offering to our clients, whilst providing significant benefit to our employees.

We are always looking for great people to join us!

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“This is a fantastic transaction which preserves the legacy of the Company I founded over 35 years ago and places the future development of Principle in the hands of our 2,800 staff who are our most important asset. To have been able to include our people in the ownership of the business gives me immense pride and will, I am certain, ensure its stability and prosperity for many years to come.”

Douglas Cooke, Executive Chairman