Overview
Royal & SunAlliance today
Growth Opportunities
We have good positions in markets at different stages of development providing us with a range of growth opportunities.
We have businesses in markets at different stages of development presenting a range of strategic options to deliver growth.
Our strategies vary from market to market but there are a number of common themes supporting all of our businesses. These include leveraging Group expertise and focusing on continuous operational improvement.
We are developing our international marine proposition. Through this we are leveraging our technology, product skills, underwriting and claims expertise. We are number one insurer in Canada and Denmark and a leading marine insurer in the UK and Brazil.
One of our strengths is our ability to take successful initiatives from one market to another. The small and medium enterprise (SME) sector is an attractive, growing segment in a number of markets. In Canada we developed a proposition for the SME sector which we subsequently implemented in the UK and Ireland.
In Denmark we have continued to add to our bancassurance proposition and we have taken this knowledge and applied it to Sweden where the market has yet to develop. Our agreement with FöreningsSparbanken (Swedbank) gives us access to a potential four million customers.
We have been in Chile for 100 years. This year we achieved a market leading position by acquiring the number one Chilean general insurer, Cruz del Sur.
We are focused on building upon the strength of the businesses. Integral to this is our continued focus on the core disciplines of underwriting, claims and expense management.
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