Largest UK Insurance Companies
The UK insurance companies is the largest in Europe and the fourth largest in the world, with over 330 long- term savings providers, 920 general insurers, further than 300,000 workers, and total decoration volume of roughly$ 400 billion. Following is a list of the largest and stylish insurance companies in the United Kingdom.
1. Legal & General
Legal & General Group, headquarters in London, is the largest life insurer in the UK grounded on new individual life insurance deals. The company provides life, home and landlord insurance, business and income protection, critical illness, accident, sickness and severance cover, withdrawal planning, after life care, investment operation, and other affiliated services.
Aviva plc is the commanding life and general insurance company in the UK and Ireland. With around 22,000 workers, the company serves 19 million guests across its core requests. Aviva is the largest British general insurer and number one in the UK grounded on individual appropriations. It offers term and whole life insurance, auto, home, health, trip and accidental death insurance, reimbursed burial plans, investments, stocks & shares ISA, pensions and further.
4. RSA Insurance
RSA Insurance Group is one of the biggest insurance companies in the United Kingdom. It provides a wide array of particular, marketable and speciality insurance products direct and through brokers and affinity mates. moment, RSA employs over 8,500 people and operates as a wholly- possessed attachment of Canada’s Intact Financial Corporation. In 2021, the Group reported profit before duty of £4.3 billion. RSA is among the aged general insurers globally.
5. Direct Line
Direct Line Insurance Group, headquarters in Bromley, England, is one of the leading private motor, home, pet and marketable insurers in the United Kingdom. The company’s main brands are Direct Line, Churchill, Privilege, Darwin and Green Flag. presently, Direct Line has roughly 14 million programs in- force.
Allianz Insurance ltd, is part of German Allianz Group, which is one of the top 3 general insurers in the UK. The company provides auto and home insurance, musical instrument insurance, pet and equine insurance, and marketable insurance. Petplan, a attachment of Allianz, is the largest pet insurer in the UK. It’s also the largest steed and rider insurer in the country.
7. Phoenix Group
Phoenix Group effects plc, with about 14 million guests, is one of the biggest providers of insurance products and services in the United Kingdom. The Group’s companies include Phoenix Life and Phoenix Life Assurance, Phoenix Wealth, Standard Life Assurance, Assure and SunLife. As of December 1, 2022, the Group had a request capitalization of£ 6 billion.
8. Liverpool Victoria
Liverpool Victoria( LV =) is one of the top 10 UK insurance companies with further than seven million guests and 4,000 workers. It offers auto, home, pet, trip and small business insurance, term and whole life insurance, investments, pensions and withdrawal services, appropriations, and other services. The company is the UK’s number one insurer for client service according to UKCSI check 2021.
Bupa( British United Provident Association) is one of the leading health insurance company in the United Kingdom. It offers individual, family and business health insurance, trip and dental insurance, and other services. Bupa operates over 120 care homes, 52 health conventions and around 500 dental centres in the United Kingdom. In the first half of 2022, the company achieved a total profit of£6.7 billion.
10. Royal London
Royal London Mutual Insurance Society, innovated in 1861, is the UK’s largest collective insurer with nearly 9 million life and protection insurance programs in force. The company offers life insurance, critical illness and income protection, business insurance, pensions, withdrawal plans and other services.
11. Admiral Group
Admiral Group ltd, headquarters is located at Cardiff, South Wales, which is one of the biggest auto insurance providers in the United Kingdom. The company’s brands includes Admiral, Bell, Diamond, Gladiator, Elephant and Veygo. The Group offers cheap auto insurance, home and landlord insurance, trip insurance, marketable vehicle insurance, auto finance as well as comparison and loan products.
12. AXA UK
AXA UK has a strong presence in the United Kingdom with a network of branches throughout the country. It provides a different range of insurance services to individualities, SMEs,mid-market and commercial sector. The company’s products include auto, home, trip, landlord, van and health insurance, among others. AXA UK is a attachment of French company AXAS.A.
Ageas, a Belgian transnational group, is one of the leading auto and home insurance companies in the United Kingdom. It’s the UK’s fifth largest auto insurer with further 5 million guests. The company paid out further than 99 of guests’ claims in the last time. Ageas has five star standing from Defaqto.
Aegon UK, grounded in Edinburgh, Scotland, is one of the major providers of pension, investment and life insurance products in the United Kingdom. The company serves about 4 million guests and employs further than 2,000 people through services in London, Edinburgh, Lytham St Annes, Witham, Manchester and Peterborough.
15. AIG UK
American International Group UK Ltd is one of the largest insurance companies in the UK with gross decorations written of over£2.1 billion, net decorations written of£1.1 billion and total means of£8.3 billion.
16. NFU collective
NFU Mutual, headquarters in Stratford- upon- Avon, Warwickshire, is the UK’s leading pastoral insurer with further than 900,000 members. NFU Mutual is one of the trading name for National Farmers Union Mutual Insurance Society Limited. The company has been named Insurance Brand of the Time by Which.co.uk
17. Zurich Insurance UK
Zurich UK provides a wide range of general and life insurance products and services to retail and business customers in the UK. With about 5,000 workers, the company operates through services in London, Birmingham, Farnborough, Glasgow, Swindon and Whiteley, among others.
Top 10 Auto Insurance Companies
Then’s a list of the largest UK bus insurance companies in terms of gross written decorations.
- Admiral Group
- Direct Line
- Liverpool Victoria( LV =)
- Esure Group
- RSA Insurance
- NFU Mutual