Major Horsham employer agrees takeover deal

The RSA Insurance Group, whose headquarters are at St Mark’s Court in Chart Way, Horsham, has agreed the deal with Canadian insurer Intact Financial Corporation and Danish insurer Tryg.

RSA, the owner of the More Than insurance brand, is one of the FTSE 100’s oldest companies and employs hundreds of people in Horsham.

The deal is subject to shareholder agreement.

RSA UK CEO Scott Egan said: “I want to reassure that everything is very much business as usual at RSA today - our focus remains on providing support to our customers, brokers and partners, and on improving our business.

“Should the transaction complete, Canadian firm Intact will take on RSA’s UK and International operations. This will expand the footprint of their business into new markets, and both organisations have a real opportunity to benefit from each other’s expertise and experience to make our businesses better.