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History of the company/bank and archive description for Clerical Medical Investment Group Ltd.
History of the
company/bank:		 Established in 1824 in the Bloomsbury area of London, under the name Medical, Clerical & General Life Assurance Society, as a company with shareholders. The name was changed to Clerical, Medical & General Life Assurance Society in 1825 and to its present form in 1987. The Society was set up to provide life assurance and annuities, mainly to the medical and clerical professions. It now transacts ordinary life, annuity, pensions, investments, unit trust and unit linked business both in the UK and overseas. Acquired life business of Hertfordshire, Cambridge & County Fire & Life Assurance Co (est. 1824) in 1828; Berkeshire, Gloucester & Provincial Life & Fire Insurance Co (est. 1824) in 1829; and Leicestershire Fire & Life Assurance Co (est. 1834) in 1840. In 1913 acquired General Reversionary & Investment Co (est. 1836) to act as trustee. In 1920 Employers´ Liability Assurance Corporation Ltd purchased a major shareholding and Clerical Medical became a wholly owned subsidiary. In 1960 Employers´ Liability Assurance Corporation Ltd amalgamated with Northern Assurance Ltd and the society was given the opportunity of breaking away, which it did in 1961, and by Act of Parliament turned itself into a mutual society. The principal head office has always been in London, since 1856 at 15 St James´s Square. In 1975 most administrative staff moved to Bristol, Avon, and many to a satellite office in Clevedon, Avon, from 1991.
In 1997 Clerical Medical became part of the Halifax Group of companies.
Archive description 150 linear metres. Clerical Medical Investment Group, 1824 to date; General Reversionary & Investment Co, 1835 to date; PEG Investment Co, 1925 to date; and Lands Improvement Co, 1853 to date. Includes a number of complete runs of minute books, papers and policyholders´ ledgers, copy policy books, and registers as well as common place books and circulars relating to staff and office organization from 1893.

Finding Aids: Descriptive lists; computerised indexes

Facilities: Photocopying; microfilm printers / readers; photography by arrangement.
Publications
  • Anon , .. : Lichfield House, No. 15 St. James´s Square. 1983.
  • Besant , A.D. : Our Centenary. 1924.
Conditions of use Access to the archive at discretion of the company: by application in writing to the Archivist.

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