Utmost has completed its takeover of Lombard International and integrated the provider into its international life assurance division.
As part of the move into the Utmost Wealth Solutions business it has also been rebranded as Utmost Luxembourg.
The provider said the rebrand reinforced Utmost’s continued commitment to Luxembourg as a strategic hub for its European operations, alongside the group’s existing presence in Ireland, ensuring regulatory continuity and choice of jurisdiction for customers.
The combined Utmost Wealth Solutions business offers insurance-based wealth solutions with £107.1bn (€124.9bn) of assets under administration and served around 200,000 customers as of 30 June.
Utmost Group CEO Paul Thompson said the integration and rebrand marked a pivotal moment for the business.
“By bringing Lombard’s deep expertise and strong client relationships into the Utmost Group, we have significantly enhanced our scale, value proposition, and ability to serve clients across Europe,” he said.
Utmost Luxembourg CEO Jurgen Vanhoenacker added: “The successful integration of Lombard International into Utmost has strengthened our ability to deliver the highest quality service to our clients and to support their long-term financial plans.”