History

1833	UK based Alliance Assurance office is established in Australia, writing one of the country's first ever life assurance policies
1838	Derwent & Tamar Insurance is established in Tasmania as Australia's first insurance company.
1848	Royal Insurance opens its first agency in Adelaide, followed by Melbourne (1849), and Sydney (1850).
1865	London Assurance opens with simultaneous appointments of agents in Sydney, Melbourne, Adelaide, Hobart and Launceston. The Sun Insurance Office commences operations as an agency in Melbourne.

1959	Sun Alliance Insurance formed from the merger of Sun Insurance with Alliance Assurance.
1961	Royal Insurance acquires the merged London & Lancashire and Derwent & Tamar Group bringing into the Group Australia's oldest insurance company.
1965	Sun Alliance merges with London Assurance.
1979	The Prudential Cornhill Insurance Company of Australia Limited is incorporated in NSW.
1985	SunAlliance acquires the Phoenix Group (Century, Prudential and Cornhill).
1986	Australian Alliance Insurance is established as a separate company to service the insurance needs of older Australians through its brand Australian Pensioners Insurance Agency.
1992	Royal Insurance & Sun Alliance Insurance merge in Australia.
1994	The general insurance business of Royal Insurance is purchased in New Zealand. This included the SIS brand and a 50% share in International Marine.
1995	General insurance portfolio of Commercial Union acquired. The deal includes the balance of shares in International Marine.
1997	The group purchases Connelly Temple in Australia.

2003	Royal & SunAlliance announces a new organisational structure in Australia and New Zealand and changes its name to Promina. The general insurance business changes its name to Vero.
2004	Purchase of Aviation Office of Australia. Purchase of Booker Aviation. Vero achieves A+ Standard & Poor's credit rating.
2005	Agreement for the exclusive renewal rights of Suncorp's intermediated commercial marine business.
2006	Acquisition of 50.5% of the shares in Australian Surety Corporation Pty Limited (ASC) and its wholly owned subsidiary New Zealand Surety Corporation Limited (trading as AP Surety). Launch of new Vero Affinity business unit. Purchase of Australian Pacific Underwriting Agency (APUA) Pty Limited a specialist professional indemnity underwriting business. Winning the Bronze Award and the People Award at the 2006 Australian Business Excellence Awards.
2007	Promina Group and Suncorp Group join in what becomes one of the largest financial services mergers in Australia.
2008	Suncorp announces that the GIO brand will represent their Workers Compensation portfolio. Vero is confirmed as Suncorp’s primary intermediated insurance brand.

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