All the benefits of a local company, underpinned by global experience
We’ve always liked to get to know our customers. When Cornmarket Insurance Services was founded in December 1991 it was originally known as Adelaide Insurance Services and was part of the Charles Hurst Group, a leading Northern Ireland motor sales group.
At that stage, we offered insurance directly to customers before they left the showroom with their newly-bought car or motorbike. Even then, our business was about understanding people and providing insurance products suited to them.
While we’ve grown considerably since, we still maintain that personal approach.
Financial strength and earnings stability
In 1996, The Charles Hurst Group was sold to Lookers plc and Adelaide was bought by Woodchester Investment Brokers, which became Cornmarket Group Financial Services Ltd in 1998.
Adelaide took on its owner’s name in 2014 to become Cornmarket Insurance Services in order to enhance customer support by uniting their strengths as one entity and tackle the UK market. While the company has taken on the Cornmarket name, it will maintain the Adelaide brand for its motorbike insurance offering available across the UK and Ireland.
In January 2008, Irish Life bought 100% of the equity in Cornmarket. Irish Life, which was established in 1939, is part of the renowned Great-West Lifeco group. Since being established in Winnipeg, Canada, more than a century ago, Great-West has built a reputation for financial strength, earnings stability and consistently high ratings from the independent rating agencies.
Indeed, it has an AA rating for insurer financial strength from Standard & Poor’s.
The end result is that Cornmarket is now part of the world’s leading life assurance organisation while still retaining its local presence. You get the best of both worlds: one-to-one service from a UK-based team, underpinned by the experience, expertise and finances of a major global insurance group.