National Provident Institution , friendly society

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National Provident Institution , friendly society

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        The National Provident Institution was formed in 1835 as a friendly society, modelled on the Friends Provident Institution, to offer life assurance to a wide range of people. Its first office was at 13 Nicholas Lane; in 1843 it moved to 48 Gracechurch Street and, in 1857 and 1859, 49 and 50 Gracechurch Street were acquired. The existing buildings were demolished and a new office constructed on the site which was opened on 15 December 1862. A new building, incorporating 3 Eastcheap, was erected on the site and opened as the Institution's Head Office in 1960.

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