Sun Alliance (company)

Sun Alliance Group plc was a large insurance business based in London. It merged with Royal Insurance in 1996 to form the Royal & Sun Alliance Insurance Group.

Sun Alliance Group plc
Public
IndustryInsurance
FateMerged with Royal Insurance
SuccessorRSA Insurance Group
Founded1710
Defunct1996
HeadquartersLondon

History

The company had its origins in Sun Fire Office, the oldest documented insurance company in the world, which was founded in London in 1710.[1]

Sun Insurance merged with Alliance Assurance, a business which had been founded by Nathan Mayer Rothschild and Moses Montefiore in 1824, to form Sun Alliance Insurance in 1959.[2]

In the mid-1960s the newly-merged company established its administrative centre in a large office block in Horsham[3][4] and its head office at 1 Bartholomew Lane in London.[5]

Sun Alliance went on to acquire London Assurance in 1965 (becoming Sun Alliance & London)[6] and Phoenix Assurance in 1984.[6]

After changing its name to Sun Alliance Group in 1989, the company consolidated its operations at a new development, known as St Mark's Court, in Horsham in 1990,[7] while retaining its head office in London.[8]

The company merged with Royal Insurance to form the Royal & Sun Alliance Insurance Group in 1996.[9]

  • Sun Alliance offices in Horsham
  • A Sun Fire Office insurance mark
gollark: I see.
gollark: `bcm2835_peri_write (paddr=0xb, value=104) at bcm2835.c:239`Well, this is more helpful, hmm.
gollark: Once it actually installs on this stupid thingy.
gollark: I will try gdb soon™.
gollark: `-g3` doesn't add more useful output.

References
  1. "The World's First Insurance Company". International Risk Management Institute, Inc. (IRMI). Retrieved 1 March 2018.
  2. "Records of Sun Fire Office". National Archives. Retrieved 19 April 2020.
  3. Baggs, A P; Currie, C R J; Elrington, C R; Keeling, S M; Rowland, A M (1986). "'Horsham: General history of the town', in A History of the County of Sussex: Volume 6 Part 2, Bramber Rape (North-Western Part) Including Horsham". London: British History Online. pp. 131–156. Retrieved 19 April 2020.
  4. "Horsham: Historic Character Assessment Report" (PDF). Sussex Extensive Urban Survey. 1 October 2004. p. 19. Retrieved 19 April 2020.
  5. "No. 44336". The London Gazette. 6 June 1967. p. 6378.
  6. Trebilcock, Clive (1999). Phoenix Assurance and the Development of British Insurance: Volume 2, The Era of the Insurance Giants 1870–1984. Cambridge University Press. p. 1021. ISBN 978-0521254151.
  7. "Bridges Memorial Spire". Public Sculptures of Sussex. Retrieved 19 April 2020.
  8. Forsyth, J. (1991). "Major Companies of Europe 1991/92: Volume 2 Major Companies of the United Kingdom". Springer Netherlands. ISBN 978-94-011-3018-9.
  9. "RSA chief uncans insurance giant's mega IT infrastructure review". The Register. 10 August 2015. Retrieved 19 April 2020.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.