Sun Alliance (company)
| Company type | Public limited company |
|---|---|
| Industry | Insurance |
| Predecessor | Sun Insurance, Alliance Assurance |
| Founded | 1959 |
| Fate | Merged with Royal Insurance to form Royal & Sun Alliance Insurance Group in 1996 |
| Headquarters | Horsham , United Kingdom |
| Products | Insurance services |
Sun Alliance Group plc was a prominent insurance company originally based in the City of London before relocating its headquarters to Horsham. In 1996, it combined with Royal Insurance to establish the Royal & Sun Alliance Insurance Group.
History
Established in 1959 through the union of Sun Insurance (founded in 1710) and Alliance Assurance (founded in 1824), Sun Alliance grew by setting up a significant administrative hub in Horsham, situated approximately 30 miles south of London, while continuing to operate its main office at 1 Bartholomew Lane, London. The Horsham site, known as St Marks Court, remains designated for future development.
The acquisition of the London Assurance Company in 1965 led to the formation of Sun Alliance & London. The company expanded further by purchasing Phoenix Assurance in 1984. To reflect its increasing scope, it appended "Group" to its name in 1989 and centralized most of its UK operations in Horsham by 1990, although its London head office was retained. The 1996 merger with Royal Insurance resulted in the creation of the Royal & Sun Alliance Insurance Group.
Overview of significant mergers and founding years:
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