Cornhill Insurance

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Cornhill Insurance
Industry Insurance
Founded1905;120 years ago (1905)
Defunct2007 (2007)
FateAcquired by Allianz
Headquarters London, England

Cornhill Insurance was a major British insurance company based in London, England.

History

The company was founded by the directors of Willis Faber as a fire insurance company in 1905. [1] [2] It moved to new offices at 32, Cornhill in London in the mid-1930s. The offices were designed by Gunton & Gunton in the neoclassical style, built in ashlar stone and completed in 1935. [3] A pair of doors for the building were sculpted in clay by Walter Gilbert and then carved in mahogany by B. P. Arnold at H. H. Martyn & Co. [4]

Thomas Tilling acquired a majority interest in the company in 1943. [1] The company became a major sponsor of test cricket, thereby significant increasing brand awareness, in 1978. [5] After Tilling Group was acquired by BTR in 1983, Cornhill Insurance was marketed for sale: it was acquired by Allianz in 1986. [1] Cornhill Insurance went on to acquire the British Reserve Insurance Company in 1987, [6] Petplan in May 1996 [7] and DBI Insurance in August 1999. [8]

Allianz decided to retire the brand in the early 21st century. It ceased sponsoring test cricket in 2001 [9] [10] and, after its closed life fund was sold to Britannic Assurance in December 2004, [11] the remaining business was rebranded as Allianz Insurance in April 2007. [12]

References

  1. 1 2 3 "Allianz Insurance". Bargate Holroyd. Retrieved 16 September 2025.
  2. "Allianz Insurance". Companies House. Retrieved 16 September 2025.
  3. Bradley, Simon; Pevsner, Nikolaus (1997). London: The City of London. Yale University Press. p. 470. ISBN   978-0300096248.
  4. "A door in Cornhill". Spitalfields Life. Retrieved 16 September 2025.
  5. "That's out: the sponsors who walked". The Guardian. 20 August 1999. Retrieved 16 September 2025.
  6. "Marco announces the acquisition of British Reserve Insurance Company Ltd from Allianz Insurance plc". Businesswire. 25 August 2020. Retrieved 17 September 2025.
  7. "Cornhill buys Pet Plan for £32.5m". The Independent. 1 May 1996. Retrieved 17 September 2025.
  8. "Cornhill Insurance". Insurance Post. 19 August 1999. Retrieved 16 September 2025.
  9. "New Sponsor Sought For Test Cricket As Cornhill Ends Sponsorship Next Summer". Sportcal. 2000. Retrieved 16 September 2025.
  10. "Cornhill severs ties with Test cricket". Insurance Times. 7 January 2000. Retrieved 16 September 2025.
  11. "Britannic: life after death in the insurance world". CityWire. 15 December 2004. Retrieved 16 September 2025.
  12. "Cornhill name to be dropped". The Daily Telegraph. 30 April 2007. Retrieved 16 September 2025.