Sun Alliance (company)

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Sun Alliance Group plc
Company typePublic
IndustryInsurance
PredecessorSun Insurance
Alliance Assurance
Founded1959; 67 years ago (1959)
Defunct1996 (1996)
FateMerged with Royal Insurance
SuccessorRSA Insurance Group
HeadquartersLondon, England

Sun Alliance Group plc was a large insurance business with its main offices in the City of London and later Horsham. In 1996 Sun Alliance merged with Royal Insurance to form the Royal & Sun Alliance Insurance Group.

History

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The company was created in 1959 by the merger of Sun Insurance, founded in 1710, and Alliance Assurance founded in 1824.[1]

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 31 miles (50 km) south of London's centre.[2][3] and its head office at 1 Bartholomew Lane in London.[4] The Horsham building, St Marks Court is earmarked as developable.[5] In an external recess, to the market place (Carfax) side, is the tall spired tower of the church.[6] Its nave was demolished in about 1985.[6] The spire was part of the original church of 1841 constructed from sandstone. The tower's base has become a florist and volunteers’ centre.[6]

Sun Alliance went on to acquire the London Assurance Company in 1965 (becoming Sun Alliance & London)[7] and Phoenix Assurance in 1984.[7] The company thus added suffix "Group" in 1989, consolidated most UK-based operations into the Horsham office in 1990,[8] and yet kept its London head office.[9] The company merged with Royal Insurance to form the Royal & Sun Alliance Insurance Group in 1996.[10][11]

Summary of all notable mergers to 1996 and company inception dates:[12]
    • Royal & Sun Alliance Insurance Group plc (1996)
      • Sun Alliance Group (1984)
        • Sun Alliance & London (1965)[a 1]
          • Sun Alliance Insurance Limited (1959)
            • The Sun Fire Office (1710)
            • The Alliance Assurance Company (1824)
          • London Assurance Corporation (1720)
        • Phoenix Assurance (1680)
      • Royal Insurance (1845)
  1. ^ acquired Phoenix Assurance in 1984

References

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  5. ^ St Marks Court Planning legal status of building. Horsham Council.
  6. ^ a b c Horsham Town Local List Horsham Council
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