The Royal Insurance was originally founded in the 1800's. In 1996, Royal Life Insurance Company merged with Sun Alliance Insurance & Royal SunAlliance Group now branded RSA was created. Previously, Royal Life operated in many sectors of the Life Insurance & Pensions market via brokers & their own Royal Life Assurance salesforce.
The MORE TH>N Insurance brand was launched in 2001 with the Royal Sun Alliance Insurance Group heritage, expertise and tradition behind it. In 2004, Resolution Life Group bought the UK life operations of Royal Sun & Alliance Plc which had closed to all new life insurance business in 2002. Subsequently Resolution integrated the former Royal & SunAlliance UK life business (R&SA Life) and also Swiss Life (UK) plc into one group called Phoenix Life Group.
In 2008 Pearl Group Ltd acquired Resolution Phoenix Life Group which includes administration of plans from Scottish Provident, Scottish Mutual, Phoenix, Swiss Life, London Life, NPI, Britannic Assurance, Cornhill & Alba Life.
The old Royal Life Insurance Co products included Life cover, endowments, decreasing (mortgage protection) or level term assurance, Life with Critical Illness, Income Protection.
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Article on: Royal Insurance ~ for more information visit www.rsagroup.co.uk *
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