RSA Insurance Group
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|
| RSA | |
| Public limited company 9. | |
| Traded as | : |
| Industry | Insurance |
| Founded | 1996 (London) |
| Headquarters | London, United Kingdom |
|
Key people
|
Martin Scicluna (Executive Chairman) Stephen Hester (CEO) |
| Revenue | £6,857 million (2016) |
| £101 million (2016) | |
| £20 million (2016) | |
|
Number of employees
|
13,500 (2017) |
| Subsidiaries | 123 Money |
| Website | www.rsagroup.com |
RSA Insurance Group plc (trading as RSA, formerly Royal and Sun Alliance) is a British multinational general insurance company headquartered in London, United Kingdom. RSA has major operations in the UK & Ireland, Scandinavia and Canada and provides insurance products and services in more than 140 countries through a network of local partners. It has 17 million customers. RSA was formed by the merger of Sun Alliance and Royal Insurance in 1996.
RSA is listed on the and is a constituent of the FTSE 100 Index.
RSA was formed following the merger of Sun Alliance and Royal Insurance in 1996. Sun Alliance was itself a product of the merger in 1959 of The Sun, which was founded in 1710, with The Alliance, which was founded in 1824 by Nathan Mayer Rothschild and Moses Montefiore. Sun Alliance went on to acquire London Assurance in 1965 (becoming Sun Alliance & London) and Phoenix Assurance in 1984.
Royal Insurance was founded in 1845. It acquired Liverpool & London and Globe Insurance Company in 1919. The company formally changed its name from Royal & Sun Alliance Insurance Group plc to RSA Insurance Group on 20 May 2008.
On 4 February 2014, it was announced that Stephen Hester, former CEO of RBS Group would become CEO of RSA with immediate effect.
In 2014/2015 New CEO Stephen Hester led a major restructure of RSA to bolster its finances and many 'non core' overseas operations were sold and subject to disposals almost halving the size of the group and aligning the strategic focus back to its core markets.
RSA operates in 28 countries and provides insurance products and services in more than 140 through a global network of local partners. It has over 20 million customers around the world.
RSA is the second-largest general insurer in the United Kingdom. Its global headquarters are in the City of London on 20 Fenchurch Street occupying floors 15-17 of the 'walkie-talkie' building. Its UK registered office is 20 Fenchurch St, London. Other key UK offices are located in Liverpool, Bristol, Manchester, Chelmsford, Glasgow, Cardiff, Sunderland, Belfast, Peterborough, Halifax, Birmingham, and Horsham. RSA, including its More Th>n brand, announced itself to be the first carbon neutral insurance company in the UK on 2 December 2006.
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Wikipedia