Royal & Sun Alliance Insurance Limited

Royal & Sun Alliance Insurance Limited

Trading as: The National Insurance and Guarantee Corporation
#00093792 Active
B2bServices

NIG Insurance specializes in business insurance, exclusively working through brokers to provide tailored solutions for various commercial risks faced by UK businesses.

Founded: 19/06/1907
Industries: Non-life insurance
Location: Manchester

Products

  • Business Package Insurance
  • Commercial Combined Insurance
  • Cyber Cover
  • Mini Fleet Insurance
  • Motor Trade Insurance

Services

  • Broker Portal Access
  • Claims Support
  • Risk Management

Financial Snapshot

Last accounts made up to 31 December 2023
Next accounts due 30 September 2025 (4 months)
Cash in Bank £168m
↓ -24%
Turnover £345m
↑ 43%
EBITDA -£26m
↑ -73%
Total Liabilities £6,219m
↓ -7%
Employees 4,897
↑ 1%

Directors

Role:
Chief Financial Officer
Appointed:
13/02/2025
Nationality:
Canadian
Age:
49 years
Role:
Director
Appointed:
31/12/2023
Nationality:
Canadian
Age:
63 years
Role:
Corporate Director
Appointed:
01/06/2023
Nationality:
Canadian
Age:
65 years
Role:
Director
Appointed:
01/06/2023
Nationality:
British
Age:
67 years
Role:
Director
Appointed:
30/06/2022
Nationality:
Canadian
Age:
60 years
Role:
Director
Appointed:
01/04/2022
Nationality:
British
Age:
62 years
Role:
Chief Executive Officer
Appointed:
10/01/2022
Nationality:
Irish
Age:
56 years
Role:
Director
Appointed:
01/06/2021
Nationality:
British
Age:
59 years
Role:
Director
Appointed:
01/06/2021
Nationality:
British
Age:
60 years
Role:
Director
Appointed:
01/06/2021
Nationality:
British
Age:
60 years

People with Significant Control

Nature of Control:
Ownership Of Shares 75 To 100 Percent, Voting Rights 75 To 100 Percent, Right To Appoint And Remove Directors
Notified On:
06/04/2016
Nationality:
United Kingdom
Dec 2023Dec 2022Dec 2021
Income Statement
Turnover
Export Revenue
Sales
Other Operating Income
Other Operating Items
Cost of Sales
Raw Materials & Consumables
Gross Profit
Admin Expenses
Other Operating Charges
Depreciation
R&D Expenses
Operating Profit
EBITDA
Financial Revenue
Financial Expenses
Financial Profit/Loss
Interest Paid
Extraordinary Revenue
Extraordinary Expenses
Net Extraordinary Items
Pre-Tax Profit
Tax
Profit After Tax
Retained Profit
Balance Sheet
Non-Current Assets
Intangible Assets
Tangible Fixed Assets
Other Non-Current Assets
Current Assets
Stock
Debtors
Cash in Hand
Other Current Assets
Called Up Share Capital
P&L Account Reserve
Shareholder Funds
Other Shareholder Funds
Provisions
Long Term Debt
Creditors (> 1 year)
Other Non-Current Liabilities
Short Term Debt
Creditors
Creditors (< 1 year)
Other Current Liabilities
Key Metrics
Net Assets
Net Current Assets
Total Assets Less Current Liabilities
Working Capital
Enterprise Value
Added Value
Cashflow Before D&A
Other Information
Staff Costs
Number of Employees
3 shareholders available
Shareholder 1
Shares:
Percentage:
Filing Date:
Shareholder 2
Shares:
Percentage:
Filing Date:
Shareholder 3
Shares:
Percentage:
Filing Date:

Charges

20 charges registered
Rigps Pension Trustee Limited Satisfied
Created 16/10/2023
#000937920019 Negative Pledge
Sal Pension Fund Limited Satisfied
Created 16/10/2023
#000937920020 Negative Pledge

Properties

79 properties
Regions
10
Freehold
38
Leasehold
41
SOUTH EAST

Building 4, Centrium, Griffiths Way, St Albans (AL1 2RD)

Freehold AL1 2RD
Added 01/02/2006 ST ALBANS
SOUTH EAST

Parkview House, Victoria Road South, Chelmsford (CM1 1NG)

Leasehold CM1 1NG
Added 18/10/2016 CHELMSFORD
SOUTH EAST

1 Anson Close, Aylesbury (HP21 8AT)

Freehold HP21 8AT
£600,000
Added 24/04/2024 BUCKINGHAMSHIRE
5 issuances recorded

Total Amount Raised (Valid Issuances)

Shares Issued (Valid Issuances)

Date CLASS
Shares Issued:
Price Per Share:
Amount Raised:
Filing:
Date CLASS
Shares Issued:
Price Per Share:
Amount Raised:
Filing:

Grants

No grant information available

Group Structure

Government Council Contracts Beta

Total Council Spend
£2,352.20
Across 1 transactions
Contract Period
- - -
1 council
Average Per Council
£2,352.20
1 avg. transactions

Council Partners

Gloucestershire County Council

Company Filings

11/03/2025 Incorporation

Memorandum Articles

28/02/2025 Officers

Change Person Director Company With Change Date

14/02/2025 Officers

Termination Director Company With Name Termination Date

14/02/2025 Officers

Appoint Person Director Company With Name Date

17/10/2024 Confirmation Statement

Confirmation Statement With Updates

20/06/2024 Mortgage

Mortgage Satisfy Charge Full

21/05/2024 Auditors

Auditors Resignation Company