Collection GB 0074 ACC/2670 - VEHICLE AND GENERAL INSURANCE COMPANY

Identity area

Reference code

GB 0074 ACC/2670

Title

VEHICLE AND GENERAL INSURANCE COMPANY

Date(s)

  • 1954-1982 (Creation)

Level of description

Collection

Extent and medium

7.52 linear metres

Context area

Name of creator

Biographical history

Vehicle and General Insurance Company Ltd was incorporated in September 1923 as a private company with the power to carry on insurance business. It went public in February 1961 and initiated a sales policy offering a high rate of No claims discount to careful private motorists. Expansion was rapid - a number of subsidiary companies were purchased (see ACC/2670/1126 for a detailed chart) and it was estimated that by 1970 they insured about 10 per cent of private motorists in the United Kingdom.

Originally operating from Rayners Lane, Middlesex, the firm moved its headquarters to Northwood, Middlesex and then, in May 1968, to Bushey, Hertfordshire. In 1963 a branch office had opened in Scotland - by 1971 there were ten such offices throughout the country.

On March 1, 1971 the Directors announced their intention of petitioning the court for the compulsory winding up of Vehicle and General along with five of its subsidiaries - Automobile and General Insurance Co. Ltd., Transport Indemnity Insurance Co. Ltd, and World Auxiliary Insurance Corporation Ltd. The Winding Up orders were issued on 22 March although World Anxiliary was granted an adjournment.

Archival history

GB 0074 ACC/2670 1954-1982 Collection 7.52 linear metres Vehicle and General Insurance Co Ltd

Vehicle and General Insurance Company Ltd was incorporated in September 1923 as a private company with the power to carry on insurance business. It went public in February 1961 and initiated a sales policy offering a high rate of No claims discount to careful private motorists. Expansion was rapid - a number of subsidiary companies were purchased (see ACC/2670/1126 for a detailed chart) and it was estimated that by 1970 they insured about 10 per cent of private motorists in the United Kingdom.

Originally operating from Rayners Lane, Middlesex, the firm moved its headquarters to Northwood, Middlesex and then, in May 1968, to Bushey, Hertfordshire. In 1963 a branch office had opened in Scotland - by 1971 there were ten such offices throughout the country.

On March 1, 1971 the Directors announced their intention of petitioning the court for the compulsory winding up of Vehicle and General along with five of its subsidiaries - Automobile and General Insurance Co. Ltd., Transport Indemnity Insurance Co. Ltd, and World Auxiliary Insurance Corporation Ltd. The Winding Up orders were issued on 22 March although World Anxiliary was granted an adjournment.

Gifted to the archives in 1989. ACC/2670.

Records of Vehicle and General Insurance Co Ltd, including financial material, correspondence, minutes, papers relating to stock, and journals. Records of subsidiary companies including Automobile and General Insurance Co Ltd; General and Commercial Motor Insurance Co Ltd; Metropolitan General Insurance Co Ltd; Transport Indemnity Insurance Co Ltd; General and Commercial Insurance Co Ltd; Vehicle and General Investment Services Ltd; Ecole Europe (England) Ltd; Arthur Edwards (Insurance) Ltd; J.M. Horsley Ltd; Talkwax Ltd and Wray and Co.

Records of Coopers and Lybrand, the liquidator, including Committee of Inspection minutes; general minutes; statement of affairs for Vehicle and General Insurance Co Ltd; statement of affairs for Automobile and General Insurance Co Ltd; statement of affairs for General and Commercial Motor Insurance Co Ltd; statement of affairs for Metropolitan General Insurance Co Ltd and statement of affairs for Transport Indemnity Insurance Co Ltd; correspondence files; finance records; stock records; and papers relating to creditors.

The records have been sorted into the following groups: Vehicle and General Insurance Co Ltd (ACC/2670/001-034); Subsidiary Companies (ACC/2670/035-058); Liquidator (ACC/2670/059-125)

Available for general access.

Copyright rests with the City of London.
English

Fit

Please see online catalogues at: http://search.lma.gov.uk/opac_lma/index.htm
Compiled in compliance with General International Standard Archival Description, ISAD(G), second edition, 2000; National Council on Archives Rules for the Construction of Personal, Place and Corporate Names, 1997. July to October 2009 Vehicle and General Insurance Co Ltd J.M. Horsley Ltd , insurance company Talkwax Ltd , insurance company Metropolitan General Insurance Co Ltd General and Commercial Motor Insurance Co Ltd Automobile and General Insurance Co Ltd General and Commercial Insurance Co Ltd Transport Indemnity Insurance Co Ltd Company archives Finance Insurance Financial service industries Service industries Insurance services People Agents People by occupation Insurance agents Insurance brokers Business records Corporate minutes Financial records Transport Vehicles Motor vehicles Information sources Documents Insurance records Insurance policies Arthur Edwards (Insurance) Ltd Ecole Europe (England) Ltd , insurance company Wray and Co , insurance company Vehicle and General Investment Services Ltd

Immediate source of acquisition or transfer

Gifted to the archives in 1989. ACC/2670.

Content and structure area

Scope and content

Records of Vehicle and General Insurance Co Ltd, including financial material, correspondence, minutes, papers relating to stock, and journals. Records of subsidiary companies including Automobile and General Insurance Co Ltd; General and Commercial Motor Insurance Co Ltd; Metropolitan General Insurance Co Ltd; Transport Indemnity Insurance Co Ltd; General and Commercial Insurance Co Ltd; Vehicle and General Investment Services Ltd; Ecole Europe (England) Ltd; Arthur Edwards (Insurance) Ltd; J.M. Horsley Ltd; Talkwax Ltd and Wray and Co.

Records of Coopers and Lybrand, the liquidator, including Committee of Inspection minutes; general minutes; statement of affairs for Vehicle and General Insurance Co Ltd; statement of affairs for Automobile and General Insurance Co Ltd; statement of affairs for General and Commercial Motor Insurance Co Ltd; statement of affairs for Metropolitan General Insurance Co Ltd and statement of affairs for Transport Indemnity Insurance Co Ltd; correspondence files; finance records; stock records; and papers relating to creditors.

Appraisal, destruction and scheduling

Accruals

System of arrangement

The records have been sorted into the following groups: Vehicle and General Insurance Co Ltd (ACC/2670/001-034); Subsidiary Companies (ACC/2670/035-058); Liquidator (ACC/2670/059-125)

Conditions of access and use area

Conditions governing access

Available for general access.

Conditions governing reproduction

Copyright rests with the City of London.

Language of material

  • English

Script of material

  • Latin

Language and script notes

English

Physical characteristics and technical requirements

Finding aids

Please see online catalogues at: http://search.lma.gov.uk/opac_lma/index.htm

Allied materials area

Existence and location of originals

Existence and location of copies

Related units of description

Related descriptions

Notes area

Alternative identifier(s)

Access points

Place access points

Name access points

Genre access points

Description control area

Description identifier

Institution identifier

London Metropolitan Archives

Rules and/or conventions used

Compiled in compliance with General International Standard Archival Description, ISAD(G), second edition, 2000; National Council on Archives Rules for the Construction of Personal, Place and Corporate Names, 1997.

Status

Level of detail

Dates of creation revision deletion

Language(s)

  • English

Script(s)

    Sources

    Accession area