Co-op Insurance
Co-op Insurance is the trading name of CIS General Insurance, a general insurance company, which is part of the Co-operative Group, based in Manchester, United Kingdom. Co-op Insurance Services, an insurance intermediary incorporated in 2017, is a wholly owned subsidiary of CIS General Insurance.
| Company type | Subsidiary undertaking |
|---|---|
| Industry | Insurance services |
| Founded | 29 August 1867 |
| Headquarters | , United Kingdom |
Key people | Mark Summerfield CEO |
| Products | General insurance |
| Revenue | £4.4 billion |
| Parent | The Co-operative Group |
| Website | www |
For most of its history, Co-op Insurance was also a life insurer and fund manager, sharing surpluses with holders of its 'with-profits' life policies, as well as with individual members of The Co-operative Group in proportion to their general insurance patronage. In 2013, Royal London Group agreed to buy the life insurance business unit for an estimated £219 million. As a result, Co-op Insurance currently offers business, home, motor, travel and pet insurance products.