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Cornish Mutual

From Wikipedia, the free encyclopedia

Cornish Mutual
Company typeMutual insurance
IndustryGeneral insurance
Founded1903[1][2]
HeadquartersTruro, Cornwall
Key people
Peter Beaumont (Managing director)
Jeremy Oatey (Chairman)[3]
Number of employees
98
Websitewww.cornishmutual.co.uk

Cornish Mutual is a general insurer based in Cornwall, set up by Cornish farmers in 1903. The company is based in Truro.[4]

The mutual is owned by its members and offers insurance to farms, businesses and people living and working in Cornwall, Devon, Somerset and Dorset.

In 2012, Cornish Mutual gained ‘Chartered Insurer’ status. They were the first mutual insurance company in the UK and the first insurer in the South West to achieve this level of recognition from the Chartered Insurance Institute (CII).[5] In 2019, Peter Beaumont, the firm's financial director, succeeded Alan Goddard as managing director.[6] In 2020, Jeremy Oatey replaced Ian Pawley as chairman.[3]

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References

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  1. ^ "Cornish Mutual". The Times. Retrieved 8 January 2021.
  2. ^ "THE COMMISSIONERS OF INLAND REVENUE v THE CORNISH MUTUAL ASSURANCE CO., LTD.(1) (1930) 12 TC 841". Croner-i. Retrieved 8 January 2021.
  3. ^ a b "New chair at Cornish Mutual". Business Cornwall. 6 April 2020. Retrieved 8 January 2021.
  4. ^ "National award for Cornish Mutual". Business Cornwall. 30 July 2012. Retrieved 8 January 2021.
  5. ^ "Cornish Mutual retains Chartered status for sixth consecutive year". South West Farmer. 1 September 2018. Retrieved 8 January 2021.
  6. ^ Terry Gangcuangco (6 September 2019). "Cornish Mutual MD retiring – successor named". Insurance Business Magazine. Retrieved 8 January 2021.