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Allied Dunbar was a large British life assurance group. In its early years it was known as Hambro Life Assurance and was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index. However, it was acquired by BAT Industries, merged with Eagle Star, and sold to Zurich Financial Services in 1998.
In 1971, he went on to found Hambro Life Assurance, subsequently called Allied Dunbar, [1] where he was managing director until 1983 (it is now part of Zurich Financial Services), and grew the corporation to become the largest unit-linked life assurance company in the UK, operating in the insurance broker market as well as building up a sales ...
Alliance Assurance; Allied Dunbar; Amlin; Aon (company) Atlas Assurance Company; B. ... Refuge Assurance Company; Resolution plc; Royal Exchange Assurance Corporation;
He is a co-founder of Hambro Life Assurance with Sir Mark Weinberg and Lord Joel Joffe in the UK (subsequently called Allied Dunbar Assurance and now Zurich Financial Services) (1971–1988). From 1988 to 1993 he served as Chairman of the Monopolies and Mergers Commission in the UK (now the Competition Commission).
He was a co-founder of Hambro Life, an insurance company later known as Allied Dunbar, providing the seed money to start the firm. [1] He served as the Chairman of Phoenix Assurance Co from 1979 to 1985. [1] Additionally, he served as the Chairman of Charter Consolidated, a mining corporation, from 1982 to 1988. [1]
In 1965, Sandy started his career as a computer programmer, writing the first ever UK life assurance ‘search engine’ program in 1967. He remained in the insurance industry throughout his early career, rising to become Chief Executive of Allied Dunbar, Executive Chair of Eagle Star and Threadneedle Asset Management before they were ...
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The Group was a major financial services company with the acquisitions of Eagle Star (1984), Allied Dunbar (1985) and the Farmers Group, Inc. (1988). [37] Around 1996 British American Tobacco merged its financial operations into a single operating unit, British American Financial Services (BAFS).