The Business Trends

Best 13 Insurance Companies in the United Kingdom

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We as humans often search for security and safety and this principle applies to every one of our activities, so that applies to our lives and you can say to our afterlife as well. This process of insuring any damages to our assets and our lives has given birth to a massive industry of insurance companies providing insurance on different types of things.

The insurance industry is largely based on people’s need for a backup and insurance companies provide just that. The most famous kinds of insurance are car insurance and house insurances. Life insurance is also in very high demand with various kinds of slabs for different amounts of money. There are some bizarre insurance policies as well such as alien abduction insurance which is quite outrageous.

As with all other countries, the UK too has a large insurance industry with a yearly turnover of just under two hundred and twenty billion. So, you can see the magnitude of the insurance industry in the UK. We will have a look at the big companies providing insurance in the UK., so stay tuned and keep reading.

Top Rated insurance companies in the UK

We will be having a look at the top insurances company in the United Kingdom, so, let us have a look:

Aviva

Aviva is one of the most trusted insurance providers in the United Kingdom. It has over thirty-three million customers across sixteen countries. Aviva has a historical significance as it can trace back its foundation to back in 1696, so they have been in this business for a few centuries. It is a very trusted insurance company and customers can easily rely on Aviva for ensuring their assets.

RSA Insurance

RSA Insurance is one of the oldest insurance companies in the United Kingdom, it has over thirteen thousand five hundred employees and is trusted by many. It was previously known as Royal and Sun Alliance. RSA Insurance was founded in 1996 and it has its headquarters in London. It is also very popular in Ireland and Canada and they have many customers in those countries. RSA Insurance has also expanded its territory to Scandinavia and also to the Middle East. The types of insurance offered by RSA Insurance include insurance for home, car, pet, travel, commercial property, etc.

Direct Line

Direct Line is one of the United Kingdom’s leading insurance companies and has a very large customer base. It has its headquarters in Bromley, England. It is one of the most famous insurance companies in the United Kingdom and is often sought after by many customers. Direct Line Group was founded in 1985 and has ever since been on the rise.

Direct Line offers various insurances such as pet insurance, car insurance, home insurance, life insurance, etc. Direct Line has been able to satisfy its customers through these services for a better part of two decades.

Ageas Insurance

Ageas is a very trusted insurance company and is trusted by millions of people. It has a very good reputation in the insurance industry and is trusted by many. Ageas is based in Brussels, Belgium, and has spread its territory in 14 other countries. Ageas Insurance can find its roots back in 1824. So, it is quite evident that they know what they are doing and you can completely rely on them.

AIG Europe

AIG Europe is one of the best insurance companies you will find around. They are highly rated for their schemes. They cover many kinds of insurance, namely pet, life, car, house, etc. It has its headquarters in New York and it has spread its amazing service around the world.

American International Group or AIG has very famous health insurance which covers many aspects of in-patient remedies. It also has a robust framework for its customers in case they are facing any trouble. It also has an easy framework in case anyone wants to opt for their insurance policies. It has a very good customer service department so you will not face any problems if you want to contact AIG. It also has a very big customer base in the United Kingdom.

Chubb

Chubb is a very reliable insurance company and has been providing quality services for several years now. It has its headquarters in Zurich, Switzerland, and is a very famous company for providing insurance worldwide. Chubb operates in 55 countries and is known to provide excellent schemes to its customers. Chubb has originated in existence in 1882 and ever since has been providing quality services to its customers. Chubb has over one hundred seventy-four billion worth of assets on its books.

Bupa

Bupa is also another great insurance company providing good service to its customers. They specialize in health insurance which is great because they are looking after the health of millions of people around the world. Bupa has its headquarters in London, United Kingdom. It has a very wide customer base around the world which is just above thirty-one million.

Bupa was established in 1947 and has been providing great value for money health insurance. It has been relied upon by many around the world. Bupa was also ranked as the 5th best employer in the United Kingdom in 2019.  Bupa is a very reliable health insurance company.

AXA

AXA is a household name in the insurance industry. It has its headquarters in Paris, France. AXA’s most preferable base of operation is the western part of Europe all though it has spread its territories to other areas as well. AXA was founded back in 1816 and he has ever since been a household name in the insurance market.

Allianz Insurance

Allianz Insurance is one of the best insurance companies you will find in the market. It has its headquarters in Munich, Germany. It was declared as the largest insurance company and it has lived up to its name. Allianz was founded in 1890 and has been a household name in the insurance industry ever since.

 QBE Insurance

QBE Insurance is a very famous insurance company and it has its headquarters in Sydney, Australia. It has over eleven thousand seven hundred employees, and it has spread its territories in 27 countries as well. It also provides risk management solutions.

NFU Mutual

NFU Mutual is another fairly popular insurance company. It mainly caters to the rural population in the United Kingdom. NFU Mutual has its headquarters in Tiddington, England. NFU Mutual was founded in 1910 by seven farmers and it has been a blessing for the rural population ever since.

Aspen

Aspen is a very good insurance company providing various insurance schemes to cater to its customers. It was founded in 1930 and has been a household name in the insurance industry. It is operated by the Markel group. It has its headquarters in Virginia, United States of America.

Cover Insurance

Cover Insurance is a popular insurance company, and it has its headquarters in Paris, France. It is a mutual insurance company and was founded in 1999. It has over twenty-two thousand employees. It has a noticeable presence in the United Kingdom.

Conclusion

In this article, we have discussed deeply the various companies providing insurance facilities in the United Kingdom. We hope this comprehensive article will help you to know about the insurance companies in detail.

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