Listings
GWP less treaty: £1.9bn
Allianz Cornhill Insurance
Address:
57 Ladymead, Guildford, Surrey GU1 1DB
t: 01483 568161
f: 01483 300952
w: www.allianzcornhill.co.uk
Year established: 1905
Major shareholders: Allianz AG
Number of UK offices: 25
Number of UK employees (2002): 4,500
Main lines of business: Commercial, personal and speciality
Subsidiaries: British Reserve Ins Co Ltd; DBI Ins Co Ltd; Domestic Ins Services Ltd; Pet Plan Ltd; Trafalgar Insurance plc
COMPANY HISTORY:
1905: Cornhill Insurance is founded by directors of Willis Faber as a fire insurance company.
1912: Cornhill Insurance enters the marine insurance market.
1919: Cornhill offers a personal accident product for the first time,
a workman's compensation policy.
1924: Cornhill issues its first motor policy.
1943: Thomas Tilling acquires a majority interest in Cornhill Insurance.
1953: Cornhill's country head office opens in Guildford.
1957: Cornhill pioneers the free 50% no claims discount (NCD) for motor policyholders.
1967: Cornhill's life division opens for business.
1973: Thomas Tilling acquires the remaining shares in Cornhill Insurance.
1974: Cornhill acquires Trafalgar Insurance.
1978: Cornhill sponsors its first Test cricket match in England.
1983: BTR buys Cornhill from Thomas Tilling.
1986: BTR sells Cornhill to Allianz AG.
1987: Cornhill Insurance buys British Reserve.
1995: Cornhill Insurance launches Cornhill Direct.
1996: Cornhill Insurance buys Petplan and acquires engineering insurer Ajax from Norwich Union.
1997: Allianz Cornhill Engineering formed following the merger of Cornhill's Engineering operations and Ajax.
Broker Direct launched.
Twenty years of Cornhill Test matches.
1998: Cornhill acquires AGF Insurance business in Britain following Allianz's acquisition of majority shareholding in the French insurer AGF.
1999: Cornhill acquires DBI.
2000: Cornhill withdraws from the sponsorship of English Test cricket after 23 years.
2003: Cornhill Insurance changes its name to Allianz Cornhill Insurance plc
Chief officer: Andrew Torrance
