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Organic growth was not neglected and the Alliance started the major new line of accident insurance in 1907 following the Workmen's Compensation Act 1906. [1] In 1959, Alliance Assurance merged with Sun Insurance to form Sun Alliance; this in turn merged with the Royal Insurance to produce the Royal Sun Alliance, later RSA Insurance Group. [2]
By then, Sun Fire was turning its attention to all forms of general insurance but, as was the case with life assurance, it was limited by the terms of its original deeds. This was overcome by a special act of Parliament, the Sun Insurance Office Act 1891 (54 & 55 Vict. c. xcvii) which also saw a change in name to the Sun Insurance Office. [1]
The group’s original members were Pennsylvania individuals and companies engaged in the manufacturing of goods as well as trade and local associations representing the manufacturers. The consortium began offering insurance products, providing workers’ compensation insurance in 1915 and fire and other casualty insurance in 1920.
Sun Alliance Group plc was a large insurance business with its main offices in the City of London and later Horsham. It was created in 1959 by the merger of Sun Insurance, founded in 1710, and Alliance Assurance founded in 1824. In 1996 Sun Alliance merged with Royal Insurance to form the Royal & Sun Alliance Insurance Group.
Royal Insurance Holdings plc was a large insurance business originating in Liverpool but based in London from the early 20th century. It merged with Sun Alliance in 1996 to form the Royal & Sun Alliance Insurance Group .
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