Sun Alliance (company): Difference between revisions

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{{Use dmy dates|date=April 2022}}
{{Infobox company
| name = Sun Alliance Group plc
| logo = Sun Alliance logo.png
| type = [[Public company|Public]]
| caption = =
| fate = Merged with [[Royal Insurance]]
| successor = [[RSA Insurance Group]]
| predecessor = [[Sun Insurance]]<br/>[[Alliance Assurance]]
| foundation = 1710
| defunct foundation = 19961959
| defunct = 1996
| location = [[London]]
| industry location = [[InsuranceLondon]]
| industry = [[Insurance]]
| key_people = =
| products =
| num_employeesproducts =
| num_employees =
| parent =
| subsidparent = =
| subsid =
| image = =Lothbury, City of London (geograph 5031903).jpg
| image_caption = 1 Bartholomew Lane in London (the stone building straight ahead)
}}
'''Sun Alliance Group plc''' was a large insurance business basedwith its main offices in the [[City of London]] and later [[Horsham]]. It mergedwas withcreated in 1959 by the merger of [[RoyalSun Insurance]], founded in 1710, and [[Alliance Assurance]] founded in 1824. In 1996 Sun Alliance merged with [[Royal Insurance]] to form the [[RSA Insurance Group|Royal & Sun Alliance Insurance Group]].
 
In the mid-1960s Sun Alliance established its administrative centre in a large office block, spanning an A-road through the town centre of [[Horsham]], a [[railway town]] {{convert|31|mi}} south of London's centre.<ref>{{cite web|first1=A P|last1= Baggs|first2=C R J |last2=Currie|first3=C R |last3=Elrington|first4= S M |last4=Keeling |first5= A M |last5=Rowland|title='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|location=London|year=1986|pages=131–156|publisher=British History Online|url= http://www.british-history.ac.uk/vch/sussex/vol6/pt2/pp131-156 |accessdate= 19 April 2020}}</ref><ref>{{cite web|url=https://www.westsussex.gov.uk/media/2103/horsham_eus_report_and_maps.pdf|title=Horsham: Historic Character Assessment Report |page=19|publisher=Sussex Extensive Urban Survey |date= 1 October 2004 |accessdate=19 April 2020}}</ref> and its head office at 1 Bartholomew Lane in London.<ref>{{London Gazette|issue=44336|page=6378|date=6 June 1967}}</ref> The Horsham building, St Marks Court is earmarked as developable.<ref>[https://www.horsham.gov.uk/__data/assets/pdf_file/0010/77995/SA672_BLR.pdf St Marks Court] Planning legal status of building. Horsham Council.</ref> In an external recess, to the market place (Carfax) side, is the tall spired tower of the church.<ref name=ll>[https://www.horsham.gov.uk/__data/assets/pdf_file/0017/63413/Horsham_Town_Local_List.pdf Horsham Town Local List] Horsham Council</ref> Its nave was demolished in about 1985.<ref name=ll/> The spire was part of the original church of 1841 constructed from sandstone. The tower's base has become a florist and volunteers’ centre.<ref name=ll/>
==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.<ref>{{cite web|url=https://www.irmi.com/articles/expert-commentary/the-worlds-first-insurance-company|title=History|work= International Risk Management Institute, Inc. (IRMI)|accessdate=1 March 2018}}</ref>
 
Sun Alliance went on to acquire the [[London Assurance Company]] in 1965 (becoming Sun Alliance & London)<ref name=trebilcock>{{cite book|url=https://books.google.com/books?id=AO-QDCl-6sAC&pg=PA1021|title=Phoenix Assurance and the Development of British Insurance: Volume 2, The Era of the Insurance Giants 1870–1984|first=Clive|last=Trebilcock|page=1021|publisher=Cambridge University Press|year=1999|isbn=978-0521254151}}</ref> and [[Phoenix Fire Office|Phoenix Assurance]] in 1984.<ref name=trebilcock/> The company thus added suffix "Group" in 1989, consolidated most UK-based operations into the Horsham office in 1990,<ref>{{cite web|url=http://www.publicsculpturesofsussex.co.uk/object?id=168|title=Bridges Memorial Spire|publisher=Public Sculptures of Sussex|accessdate=19 April 2020}}</ref> and yet kept its London head office.<ref>{{cite book|url=https://books.google.com/books?id=9HrrCAAAQBAJ&pg=PA273|title=Major Companies of Europe 1991/92: Volume 2 Major Companies of the United Kingdom|volume=2|first= J. |last=Forsyth|publisher=Springer Netherlands|year=1991|isbn=978-94-011-3018-9}}</ref> The company merged with [[Royal Insurance]] to form the [[RSA Insurance Group|Royal & Sun Alliance Insurance Group]] in 1996.<ref>{{cite web|url=https://www.theregister.co.uk/2015/08/10/rsa_group_cio_interview/|title=RSA chief uncans insurance giant's mega IT infrastructure review|date=10 August 2015|publisher=The Register|accessdate=19 April 2020}}</ref>
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.<ref>{{cite web|url=https://discovery.nationalarchives.gov.uk/details/r/494e0d51-316d-4f1f-8dfe-aac460575ad7|title=Records of Sun Fire Office|publisher=National Archives|accessdate=19 April 2020}}</ref>
 
{|class="toccolours" style="float: right; margin-left: 1em; margin-right: 2em; font-size: 80%; background:#c6dbf7; color:black; width:28em; max-width: 40%;" cellspacing="5"
The company established an administrative centre in a large office block in [[Horsham]] which had been built in the 1960s.<ref>{{cite web|first1=A P|last1= Baggs|first2=C R J |last2=Currie|first3=C R |last3=Elrington|first4= S M |last4=Keeling |first5= A M |last5=Rowland|title='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|location=London|year=1986|pages=131-156|publisher=British History Online|url= http://www.british-history.ac.uk/vch/sussex/vol6/pt2/pp131-156 |accessdate= 19 April 2020}}</ref>
|style="text-align: left;"|<sup>Summary of all notable mergers to 1996 and company inception dates:<ref>{{cite web |url= http://www.rsagroup.com/who-we-are/history/|title= History - RSA Group|author=<!--Not stated--> |website= rsagroup.com|access-date= 12 October 2017}}</ref></sup>
 
{{Tree list}}
Sun Alliance went on to acquire London Assurance in 1965 (becoming Sun Alliance & London)<ref name=trebilcock>{{cite book|url=https://books.google.co.uk/books?id=AO-QDCl-6sAC&pg=PA1021&lpg=|title=Phoenix Assurance and the Development of British Insurance: Volume 2, The Era of the Insurance Giants 1870–1984|first=Clive|last=Trebilcock|page=1021|publisher=Cambridge University Press|year=1999|isbn=978-0521254151}}</ref> and [[Phoenix Fire Office|Phoenix Assurance]] in 1984.<ref name=trebilcock/>
** {{Tree list/final branch}} Royal & Sun Alliance Insurance Group plc (1996)
 
*** Sun Alliance Group (1984)
Following the expansion, the company consolidated its operations in Horsham at St Mark's Court in 1990,<ref>{{cite web|url=http://www.publicsculpturesofsussex.co.uk/object?id=168|title=Bridges Memorial Spire|publisher=Public Sculptures of Sussex|accessdate=19 April 2020}}</ref> although the head office of the enlarged business remained at 1 Bartholomew Lane in London.<ref>{{cite web|url=https://books.google.co.uk/books?id=9HrrCAAAQBAJ&pg=PA273&lpg=|title=Major Companies of Europe 1991/92: Volume 2 Major Companies of the United Kingdom|volume=2|first= J. |last=Forsyth|publisher=Springer Netherlands|year=1991|isbn=978-94-011-3018-9}}</ref>
**** Sun Alliance & London (1965)<ref group=a>acquired [[Phoenix Assurance]] in 1984</ref>
 
***** Sun Alliance Insurance Limited (1959)
After changing its name to Sun Alliance Group in 1989, the company merged with [[Royal Insurance]] to form the [[RSA Insurance Group|Royal & Sun Alliance Insurance Group]] in 1996.<ref>{{cite web|url=https://www.theregister.co.uk/2015/08/10/rsa_group_cio_interview/|title=RSA chief uncans insurance giant's mega IT infrastructure review|date=10 August 2015|publisher=The Register|accessdate=19 April 2020}}</ref>
****** The Sun Fire Office (1710)
****** {{Tree list/final branch}} The Alliance Assurance Company (1824)
***** {{Tree list/final branch}} London Assurance Corporation (1720)
**** {{Tree list/final branch}} Phoenix Assurance (1680)
*** {{Tree list/final branch}} Royal Insurance (1845)
{{Tree list/end}}
{{reflist|group=a}}
|-
|style="text-align: left;"|
|}
 
<gallery>
File:Royal Sun Alliance buildings - geograph.org.uk - 438085.jpg|Sun Alliance offices in Horsham, behind the spire that sits in one of its recesses
Sun Fire Office insurance mark (cropped).jpg|A Sun Fire Office insurance mark
</gallery>
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==References==
{{reflist}}
 
 
 
{{Authority control}}
 
[[Category:Insurance companies of the United Kingdom]]
[[Category:Companies formerly listed on the London Stock Exchange]]
[[Category:Financial services companies disestablished in 1996]]
[[Category:1996British disestablishmentscompanies disestablished in the United Kingdom1996]]