Dentists’ Provident is a leading provider of income protection insurance to dental professionals.
For more than a century we have helped our members achieve financial security during periods of illness or injury. We are the only insurer in the UK focusing exclusively on dental professionals and are proud to be an integral part of the dental profession. We specialise in income protection and nothing else.
We are a member owned, not for profit mutual and we are run by dental professionals for dental professionals. Our members remain at the very heart of everything we do and, most importantly, the reason we do it. We are there when our members need us, from university and through into retirement.
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Our members are our most important asset
Dentists’ Provident is owned by its customers – our members. Our founders’ vision was of a company focused not on profits but on the interests of the dental profession. For over 110 years, we have remained true to these principles and the profits we make are either given back to our members or reinvested for their benefit.
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We are specialists
We are the only insurer in the UK focusing exclusively on the dental profession. Being run by dental professionals, we have unparalleled insight into the profession and what people like you need. Our insight, focus and commitment come together to deliver a single, well-structured proposition specifically for dental professionals. We provide income protection insurance and nothing else.
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We believe in doing things the right way
Dentists’ Provident is built on a foundation of mutual trust between us and our members. Doing right by our members, not just today but in years to come, has been the biggest contributor to our longevity and success. Our position as an industry leader, consistently low levels of complaints and high claim payment rates are a testament to the benefits of doing things properly. We believe in keeping our promises and being there when you need us – from university and into retirement.
Dentists’ Provident was founded in 1908 by a group of eight dentists, led by Mr G. F. Cale Matthews, for the simple purpose of providing mutual insurance against sickness and accidents to its members.
Dentists’ Provident was founded as a special type of Friendly Society – a Holloway Friendly Society, based on the concepts set out by the Stroud MP George Holloway, who in 1875 wrote a prize winning essay on the best way in which working men could provide not only for times of sickness, but also for their pension in old age.
The concept of a Holloway Friendly Society is simple; members pool their resources to protect each other and any financial surplus left over is then shared between the participants. Holloway Friendly Societies have been doing what modern peer to peer insurers do but for a lot longer.
Even today, a small number of friendly societies continue to provide their members with benefits using this principle, which has evolved in line with changing regulatory and members’ needs.
Holloway Societies are a small and unique group within the companies.
As you can see from our timeline below, as awareness of the provision increased, so has our membership. In 2008, Dentists’ Provident reached its 100th year, celebrating that the principles on which it was founded were still maintained within its culture and approach, to support its members in their time of need.
