Managing Change - Market driving,process enabling change

UK Financial Services Companies - Part 1

[Insurance Companies]  [Retailers offering Financial Services

PLEASE NOTE

This is a working database that is updated on an ad - hoc basis. Most notes are from secondary sources so they should be verified before use. A source of Internet financial directories is given on the content page

Insurance Companies

Abbey Life Assurance Co Owned by Lloyds Bank.
Abbey National Life Owned by Abbey National the ex mutual building society turned bank.
Admiral Insurance Company Motor insurance brokers for high-risk drivers.
AGF Insurance  
Albany Life  
Alliance and Leicester Life Assurance Co.  
Allied Dunbar Assurance Insurance and pensions advice. Was owned by BAT now sold to Zurich Insurance.
Automobile Association Insurance arm of the vehicle breakdown organisation.
AXA Assurance Now merged with Sun Life.
AXA Equity and Law Now merged with Sun Life.
AXA Insurance UK general insurance arm of the world wide AXA Group.
AXA Sun Life Formed from the merger of AXA Equity and Law and Sun Life.
Baillie Gifford Life  
Barclays Life Assurance Co.  
BIIBA - British Insurance and Investment Brokers A  
Bishopsgate Insurance Ltd  
Britannia Life  
British Reserve Insurance Co Ltd  
BUPA Medical Insurance
Canada Life Assurance Co. Ltd.  
Century Life Using Amarta OT from Sherwoods
CGU Group Formed from the merger of Commercial Union and General Accident. Offers life and general insurance.
Churchill Insurance  
Citibank Life  
Clerical Medical/Fildelity Invest. / Invest. Group Owned by Halifax.
Co-operative Insurance The only co-operative insurer in the UK mortgages, car and household insurance, personal pensions, PEP and unit trusts.
Colonial  
Colonial Mutual Australian parent; Recently demutualised.
Commercial Union Assurance Co Plc Life and general insurance and financial services including investment and pensions. Merged with General Accident to form CGU.
Confederation Life Insurance Co Ltd  
Consolidated Financial Insurance  
Cornhill Insurance Plc Acquired the Ajax engineering inspection and insurance company from Norwich Union in 1996. Also in 1996 acquired Pet Plan, the animal health insurer, for £32.5m.
Criterion Insurance Co Ltd  
Crown Financial Management  
Direct Line Life Insurance / Financial Service Pioneer in direct low cost insurance via the telephone. Now also offers personal loans, mortgages and savings accounts.
Dominion Insurance  
Drake Insurance  
Eagle Star Insurance Co / Life Assurance Parent was British American Tobacco (BAT) but now sold to Zurich Insurance.
Ecclesiastical Insurance Office Plc  
Economic Insurance Co Ltd  
Equitable Life Assurance Society Mutual
Eurolife Assurance Co.  
Fidelity Investments Life Insurance  
Firebond Insurance Plc Classic car insurance company, renew your policy on-line.
Fleming Life  
Folgate Insurance Co Ltd  
Forester Life  
Friends Provident Life Office Mutual
Frizzell Insurance & Financial Services Ltd Was owned by US Marsh & McLennan who sold to Liverpool & Victoria for £188m in 1996.
Gan Life & Pension  
General Accident General insurer. Merged with Commercial Union to form CGU.

Gigna Insurance  
Gresham Assurance Group  
Guardian Direct Part of Guardian Insurance. In 1996 purchased the RAC's insurance broking business for £68m.
Guardian Financial  
Guardian Health Provides private medical insurance.
Guardian Insurance / Guardian Royal Exchange Details of insurance services offered including Networker, policy documents are dispatched by e-mail. In 1996 Guardian Royal Exchange bought Legal and General's commercial general insurance business for £48m.
Halifax Life  
Hearts of Oak Insurance Group  
Hiscox Group Professional Indemnity Insurance group for the IT Industry; insure your objets d'art here too.
Internet Motor Insurance Centre  
Irish Life UK  
J Rothchild Assurance  
JP Morgan Life Assurance  
Legal and General Unit Trust and ISA investments, general & life insurance, mortgages, savings.
Legal and General Direct Unit Trust and ISA by telephone and off-the-page.
Liberty Pensions  
Lincoln  
Lincoln National UK  
Liverpool & Victoria Assurance Took over Frizzells from US Marsh & McLennan of for £188m in 1996
Lloyds Bank Insurance Services  
Lloyds of London  
Lloyds Register of Shipping  
Lloyds TSB Life  
Lombard Continental Insurance Plc  
London & Edinburgh Insurance Group  
London Life Ltd. Owned by AMP.
M&G Life / Pensions  
Marks & Spencer Life Assurance  
Medical Protection Society Medico-legal news and advice; case reports.
Medical Sickness Mutual
Mercantile & General Reinsurance Co Plc Reinsurance Worldwide reinsurance company, 1995 reseller of the year. Was owned by Prudential and then sold to Swiss Re..
Merchant Investors Assurance Co.  
Mercury Life Assurance Co.  
Methodist Insurance Co Admin. to be handled by Ecclesiastical Insurance.
MGM Assurance Specialist mutually owned life office offering personal pensions, FSAVCs, lump sum investments and annuities.
Midland Life  
Midway Insurance Insurance for teleworkers
Morgan Grenfell Life & Pensions  
National Australia Life / Group  
National Farmers Union Mutual  
National Mutual  
National Vulcan Engineering Insurance Group  
National Westminster Life Assurance  
Nationwide Life Life insurance operation of the Nationwide Building Society.
NFU Mutual Insurance Society  
Northern Star Insurance Company Member Generali Group. Gen insurance.
Norwich Legal Protection  
Norwich Union Life & Pensions UK 3rd biggest health insurer. All into Life, Pensions, Unit Trust, and General Insurance. Was a mutual now plc.
NPI Acquired by AMP for £2.7bn in early 1999.
Old Mutual Life Assurance / International Links with Amarta & Object Star. 17,000 employes world wide. Client assests over US$ 45bn.
Oriel Group plc European wide. In 1996 sold CGA Direct to the management for £20m.

Orion Insurance Co Plc  
Pearl Assurance Selling insurance in the UK for over 130 years, now owned by the Australian Mutual Provident Society.
Perpetual Investments  
PHH Allstar  
Phillip & Drew Life  
PPP Healthcare Medical insurance plans
Preferred Direct Insurance Friends Provident Direct and general Insurance site.
Professional Life Assurance  
Prospero Direct A subsidiary of UAP Provincial Insurance. A leader in direct insurance.
Providence Capitol Life Assurance Co Ltd.  
Provident Insurance plc Provides insurance products to Halifax.
Provident Life Association Ltd. - now Witherthur  
Provincial Insurance plc Provides commercial, motor, home and medical insurance. Taken over by AXA.
Prudential Assurance / Indiv. Life Funds / Indiv.  
Prudential Business Services  
Prudential Corporation Has launched Egg tele. banking for mortgages and savings. Cost £33m to develop.
Quoteline Direct Owned by Wilsons Insurance Group. Company say: "The cheapest car insurance quote and best cover from over 450 policies and schemes whatever your car, age or driving record - immediately online!"
Royal & Sun Alliance - International Div.  
Royal & Sun Alliance Linked Insur. / Life & Pensio Formed from £6bn merger of Royal Insurance and Sun Alliance insurance companies.
Royal Bank Scotland - Direct Line  
Royal Insurance Personal finance and insurance products and advice. In 1996 was mergered with Sun Alliance in £6bn deal to form Royal & Sun Alliance. Also see Internet Business Park.
Royal Life Group See Royal & Sun Alliance.
Royal London  
Saga Services Sales to over 50s; 4m customers
Save & Prosper Group  
Scottish Amicable Provides savings, protection, investment and pension products.
Scottish Equitable  
Scottish Life Investments Mutual
Scottish Mutual International Part of the Abbey National Group
Scottish Mutual Assurance Not mutual since 1992
Scottish Provident Mutual
Scottish Widows  
Skandia Life Assurance Co. Ltd.  
SLC Pooled Pensions  
Standard Life Plc Mutual now providing Telephone Banking
Sun Alliance Insurance Group Sponsors Moneyworld.Full product details of insurance services and community projects online. In 1996 a £6bn merger with Royal Insurance - see Royal & Sun Alliance.
Sun Life Assurance Society Have a big EDI project to IFAs. Have taken over Axa Equity & Law.
Sun Life Assurance Company of Canada 0.6m cust.. Personal pensions, company pensions, life assurance, savings, investments and tax planning, owned by Sun Bank.
Sunline  
Swiss Life (UK) Ltd  
Swiss Re (Reinsurance) Acquired Mercantile and General Reinsurance (M&G) in 1996.
Teachers Assurance Co. / Insurance Co.  
Tesco Personal Finance / Tesco Personal Financial Major supermarket in a joint venture with Royal Bank of Scotland for savings accounts and Scottish Widows for pensions.
Trustguard Policyline  
TSB Insurance Services Owned by Lloyds Bank.
TSB L&P Owned by Lloyds Bank
Tunbridge Wells Equitable  
UAP Provincial Insurance plc See Provincial Insurance.
ULR Norwich Legal Protection  
United Assurance Group  
UNUM Large PHI provider

Victory Reinsurance Co Ltd  
Vision Insurance Portable computer insurance
Wesleyan Assurance Society / Insurance Co.  
Western Provident  
Windsor Life Assurance Co.  
Winterthur Life Assurance Co. Joint venture with Skipton Building Society. Has a Swiss parent.
Worldcover Direct Instant cover travel insurance
Zurich Life Assurance Co. / Insurance Co. / Direct  

Retailers offering Financial Services

Marks and Spencers Financial Services Major clothes and food retailer now also providing investment services and store card.
Safeway Major supermarket providing banking.
Sainsburys Major supermarket providing banking for Loyalty cards holders.
Tesco Major supermarket providing banking for Loyalty cards holders.
Virgin Direct Personal Financial Services Selling Life Insurance, ISAs, Pensions, and Stakeholder Pensions. The latter is ahead of the Government proposals and Virgin are offering no penalty conversion when the final scheme is announced. Funds managed by Norwich Union.

Section Contents

Part 1 Contains most of the UK's:

Part 2 Contains most of the UK's:

Part 3 Contains most of the UK's:

Part 4 Contains some of the UK's:

Part 5 Contains some of the UK's:

Amendments and Suggested Entries

Please use our suggestion form.


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