ROYAL & SUN ALLIANCE INSURANCE LIMITED
Company Information
- Company Number
- 00093792
- Registered Address
- St Marks Court, Chart Way, Horsham, West Sussex, RH12 1XL
- Status
- Active
- Employee Count
- 4,643
- Turnover
- £643,000,000
- EBITDA
- £450,000,000
Additional Details
- Website
- https://morethan.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 19 June 1907
- Nature of Business
- 65120 - Non-life insurance
- Industries
- Financial Services
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 25 | 91% | 6% | 3% | 9% |
| 01 Jan 2024 - 30 Jun 2024 | 23 Jul 2024 | 27 | 89% | 8% | 3% | 11% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 30 | 84% | 9% | 7% | 16% |
| 01 Jan 2021 - 30 Jun 2021 | 22 Jul 2021 | 39 | 76% | 11% | 13% | 24% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 42 | 68% | 18% | 14% | 32% |
| 01 Jul 2019 - 31 Dec 2019 | 06 Feb 2020 | 37 | 75% | 14% | 11% | 25% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 40 | 74% | 14% | 12% | 26% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 36 | 75% | 12% | 13% | 25% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
30 days standard payment terms
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
30
Dispute Resolution Process
Our dispute resolution process is to advise the supplier of the reason for non payment and to work with them to resolve as quickly as possible.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
❌
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
❌
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
Royal & Sun Alliance Insurance Limited (RSA) is a multinational insurance company based in the United Kingdom. It was founded in 1996 through the merger of Royal Insurance and Sun Alliance. The company offers a wide range of insurance products and services, including personal and commercial insurance, investment management, and risk management solutions.
Sustainability is a core focus for RSA, and the company has a number of initiatives and programs in place to promote responsible business practices. These include reducing their carbon footprint, promoting diversity and inclusion, and investing in renewable energy projects. In addition, RSA has a dedicated team responsible for ensuring the company's sustainability goals are met.
RSA's products and services are designed to meet the needs of individuals, small businesses, and large corporations. They offer a variety of insurance options, including home, motor, and travel insurance, as well as commercial insurance for businesses of all sizes. RSA also provides risk management solutions to help businesses identify and mitigate potential risks.
The key people at RSA include Stephen Hester, Group Chief Executive Officer, and Charlotte Jones, Group Chief Financial Officer. The company has a team of experienced professionals who are committed to providing high-quality insurance services to their customers.
For more information about RSA and its products and services, individuals can visit their website at www.rsagroup.com. The company's registered office address is 20 Fenchurch Street, London, EC3M 3AU, United Kingdom. Customers can also contact RSA through their customer service hotline at 0345 030 6944 or via email at enquiries@rsagroup.com.