Ansvar Insurance
 | |
| Type | Limited company |
|---|---|
| Industry | Financial services |
| Founded | 1932 |
| Headquarters | Eastbourne, United Kingdom |
Key people | Sarah Cox, MD |
| Products | |
| Owner | Allchurches Trust |
Number of employees | 75 (2020) |
| Website | www |
Ansvar Insurance is a business division of Ecclesiastical Insurance plc, which is itself wholly owned by Allchurches Trust. It is authorised and regulated by the Prudential Regulation Authority, and is also regulated by the Financial Conduct Authority.
Etymology[]
Ansvar is the Swedish word for ‘responsibility’.
History[]
Ansvar Insurance was formed in Sweden in 1932 out of the Temperance Movement. Initially the business focused on personal home and motor insurance, but strong connections with the Church over the years was the catalyst for the development of specialist commercial policies for the not-for-profit sector - charities, free churches and voluntary groups who make a positive contribution to society.
Ansvar expanded across the world into over twelve countries including the UK, with an office in London. In 1975 they moved to their current office in Eastbourne. Today[when?] Ansvar has developed to become one of the UK's leading charity insurers.
Charity work[]
Each year Ansvar allocates a share of profits to organisations involved in educating school children about the effects of drugs and alcohol. Their current charity partners are Coram Life Education, [1] Lifeskills Education [2] and the Alcohol Education Trust.[3]
Ansvar also set up the Eastbourne arm of The Hygiene Bank,[4] by setting up a team to co-ordinate a local response to a local need. For this initiative they were named as Pro Bono Company of the Year at the Better Society Awards 2020, an annual event that honours commercial companies whose efforts extend beyond commercial success and make valuable contributions to society.
Ansvar do not work or invest in companies who businesses revolve around alcohol, tobacco, gaming or armaments.
References[]
External links[]
- Financial services companies established in 1932
- Insurance companies of the United Kingdom
- Companies based in Sussex
- Canadian companies established in 1932
- Swedish companies established in 1932