Co-operative Insurance

History

The Co-operative Insurance Society Limited (CIS) was founded in 1867 to provide fire insurance to co-operative societies and in 1899 it became an Industrial and Provident Society and the name was changed to the Co-operative Insurance. This society is authorized and regulated by the Financial Services Authority and is part of the financial services business within the Co-operatives which is one of the largest consumer-owned businesses in the world.

They are based in in Manchester in the United Kingdom. It is one of the two main constituents of Co-operative Financial Services, which is in turn owned by Co-operative Group Ltd, formerly the Co-operative Wholesale Society.

In 2002, Co-operative Financial Services was created as a holding company for both CIS and The Co-operative Bank including Smile, the first full internet bank. To maximize the co-operative identity, The Co-operative Group brought all of its businesses under the common The Co-operative brand.

In June 2005, CIS became the world's first insurance company to launch a customer-led ethical policy to guide the ethical performance of its investments. CIS was re-branded The Co-operative Insurance in April 2008.

The Society's head office on Miller Street in Manchester city centre was, at the time of completion in 1962, the tallest building in Europe, standing at 387 feet (118 m). Since the opening of the Beetham Tower in 2006, it is now the second tallest building in Manchester. In 2006 the CIS Tower was clad in solar panels, becoming Europe's largest vertical solar array.

Today it is the only co-operative insurance company in the United Kingdom. It has over 5 million customers and manages more than £20 billion worth of their money.

Remortgages offered through Co-operative Insurance

There are no remortgage offers from CIS. You can refer to the Co-operative Bank page for the types of mortgage they offer.