About Scottish Friendly Scottish Friendly Assurance is the insurer for Lutine’s plans of policy term greater than 10 years. Scottish Friendly is a mutual company that has its roots dating back to 1862. Originally established as the City of Glasgow Friendly Society, the name changed in October 1992 with the takeover of Scottish Friendly Assurance. Scottish Friendly is one of the UK’s leading friendly societies with funds under management of over £420 million (as at 31st Dec 2004). For more information about Scottish Friendly click here.