RSA Insurance Group Ltd - Company Profile
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RSA Insurance Group Ltd (RSA), formerly RSA Insurance Group plc, which offers a commercial and personal general insurance coverage. It offers personal insurance coverage for property, vehicle, liability, household, and pet. It’s commercial insurance products include property insurance, vehicle and fleet insurance, professional liability and indemnity insurance, travel insurance and others to small and medium sized enterprises (SMEs) and multinational companies; and specialty sectors such as construction, renewable energy, marine, engineering and rail. The group offers its products under various brands, including Trygg-Hansa, Codan, MORE TH>N, RSA, 123.ie, Al Alamiya, and Al Ahlia. It has operations in the UK, Ireland, Germany, Netherlands, Spain, the UAE, Saudi Arabia, Oman, France, Belgium, and others. In June 2021, RSA’s 100% ordinary share capital was acquired by Regent Bidco Limited, a wholly-owned subsidiary of Intact Financial Corporation (Intact). RSA is headquartered in London, the UK.
Headquarters
United Kingdom
Address
Floor 8, 22 Bishopsgate, London, England, EC3M3AU
Website
www.rsagroup.com
Telephone
44 1403 232323
No of Employees
6,134
Industry
Financial Services
Revenue (2022)
$4.1B
RSA Insurance Group Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Personal Insurance: | Risk Management Services | Trygg-Hansa |
| Motor Insurance | Codan | |
| Personal Accident Insurance | MORE TH>N | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In September, the company and Intact Financial Corporation signed an agreement to acquire Direct Line’s brokered Commercial Lines operations. |
| 2023 | Contracts/Agreements | In April, the company entered into a two-year agreement with Gloucestershire Wildlife Trust for providing Natural Flood Management Solutions in the UK. |
| 2023 | Others | In March, the company announced to close UK Personal Line business. |
Competitor Comparison
| Key Parameters | RSA Insurance Group Ltd | Direct Line Insurance Group Plc | Allianz Insurance plc | AXA UK plc | UK General Insurance Ltd |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom |
| City | London | Bromley | Guildford | London | Leeds |
| State/Province | England | England | England | England | England |
| No. of Employees | 6,134 | 9,387 | 4,200 | 1,066 | 293 |
| Entity Type | Private | Public | Private | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mark Hodges | Chairman | Executive Board | 2021 | - |
| Ken Anderson | Director; Chief Financial Officer | Executive Board | 2022 | - |
| Ken Norgrove | Chief Executive Officer - RSA, UK & International; Director | Executive Board | 2022 | - |
| Sally Bridgeland | Director | Non Executive Board | 2021 | - |
| Karl Helgesen | Chief Operating Officer | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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