Ecclesiastical Insurance
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Ecclesiastical Insurance
Ecclesiastical Insurance is an insurance company in the United Kingdom founded in 1887. The head office is located in Gloucester. The company is formally named Ecclesiastical Insurance Office plc and is authorised and regulated by the FCA and PRA. It is a wholly owned subsidiary of Benefact Group which in turn is owned by Benefact Trust (previously known as Allchurches Trust), a registered charity whose objectives are to promote the Christian religion and to provide funds for other charitable purposes. Ecclesiastical Insurance Office plc has over £100m Preference Shares listed on the London Stock Exchange. It was established by the Church of England to provide insurance cover for its buildings. It now covers a wide range of insurance business, and in 2006 it ranked 16th in liability insurance and 20th in accident insurance based on UK Net Written Premiums. Customers include Gloucester Cathedral and St Paul's Cathedral. History In 1887, an independent business, the ...
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Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ...
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Archbishop Welby
Justin Portal Welby (born 6 January 1956) is a British bishop who is the 105th Archbishop of Canterbury. He has served in that role since 2013. Welby was previously the vicar of Southam, Warwickshire, and then Bishop of Durham, serving for just over a year. ''Ex officio'', he is the Primate of All England and the symbolic head ''primus inter pares'' of the worldwide Anglican Communion. Welby was educated at the University of Cambridge where he read history and law. Later in life, he studied for ordination at St John's College, Durham. After several parochial appointments, he became Dean of Liverpool in 2007 and Bishop of Durham in 2011. Welby's theology is reported as representing the "open evangelical" tradition within Anglicanism. Having worked in business before his ordination, some of his publications explore the relationship between finance and religion and, as a member of the House of Lords, he sat on the panel of the 2012 Parliamentary Commission on Banking Standards. ...
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Corporate Subsidiaries
A corporation is an organization—usually a group of people or a company—authorized by the state to act as a single entity (a legal entity recognized by private and public law "born out of statute"; a legal person in legal context) and recognized as such in law for certain purposes. Early incorporated entities were established by charter (i.e. by an ''ad hoc'' act granted by a monarch or passed by a parliament or legislature). Most jurisdictions now allow the creation of new corporations through registration. Corporations come in many different types but are usually divided by the law of the jurisdiction where they are chartered based on two aspects: by whether they can issue stock, or by whether they are formed to make a profit. Depending on the number of owners, a corporation can be classified as ''aggregate'' (the subject of this article) or '' sole'' (a legal entity consisting of a single incorporated office occupied by a single natural person). One of the most attract ...
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Companies Based In Gloucester
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Financial Services Companies Established In 1887
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability ass ...
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Insurance Companies Of The United Kingdom
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by o ...
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Methodist Church (Great Britain)
The Methodist Church of Great Britain is a Protestant Christian denomination in Britain, and the mother church to Methodists worldwide. It participates in the World Methodist Council, and the World Council of Churches among other ecumenical associations. Methodism began primarily through the work of John Wesley (1703–1791), who led an evangelical revival in 18th-century Britain. An Anglican priest, Wesley adopted unconventional and controversial practices, such as open-air preaching, to reach factory labourers and newly urbanised masses uprooted from their traditional village culture at the start of the Industrial Revolution. His preaching centred upon the universality of God's grace for all, the transforming effect of faith on character, and the possibility of perfection in love during this life. He organised the new converts locally and in a "Connexion" across Britain. Following Wesley's death, the Methodist revival became a separate church and ordained its own ministers; ...
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IICSA
The Independent Inquiry into Child Sexual Abuse (IICSA) in England and Wales was an inquiry examining how the country's institutions handled their duty of care to protect children from sexual abuse. It was announced by the British Home Secretary, Theresa May, on 7 July 2014. It published its 19th and final report on 20 October 2022. It was set up after investigations in 2012 and 2013 into the Jimmy Savile sexual abuse scandal revealed widespread abuse, including claims of abuse stretching back over decades by prominent media and political figures, and inadequate safeguarding by institutions and organisations responsible for child welfare. Originally the inquiry was intended to be a Panel Inquiry supported by experts, similar to the Hillsborough Independent Panel. However, after strenuous objections related to the panel's scope and its independence from those being investigated, and the resignation of its first two intended chairs, the inquiry was reconstituted in February 2015 a ...
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General Synod Of The Church Of England
The General Synod is the tricameral deliberative and legislative organ of the Church of England. The synod was instituted in 1970, replacing the Church Assembly, and is the culmination of a process of rediscovering self-government for the Church of England that had started in the 1850s. Church Assembly: 1919 to 1970 Before 1919, any change to the church's worship or governance had to be by Act of Parliament, which resulted in little being done. In 1919, the Convocations of the provinces of Canterbury and York adopted the constitution of the National Church Assembly proposed by the Representative Church Council and presented it to the king as an appendix to an address. The constitution as proposed to the sovereign was then recognised as already existing in the Church of England Assembly (Powers) Act 1919 thus obtaining legal recognition of the assembly without implying that it had been created by Parliament or that Parliament could modify its constitution. By means of the Ch ...
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William Nye (courtier)
William James Nye, (born 28 March 1966) is a British courtier and civil servant. Since December 2015, he has been Secretary-General of the Archbishops' Council and Secretary General of the General Synod of the Church of England. From 2011 to 2015, he served as Principal Private Secretary to Charles, Prince of Wales and Camilla, Duchess of Cornwall. Early life and education Nye was born on 28 March 1966 in Amersham, Buckinghamshire, England. He was educated at Christ's Hospital, a private boarding school in Horsham, Sussex. He studied economics at Clare College, Cambridge, and graduated from the University of Cambridge with a Bachelor of Arts (BA) degree in 1987. He then studied economics at Yale University in the United States, and graduated with a Master of Arts (MA) degree in 1989. Career After university, he joined the British Civil Service, and came to hold a number of senior appointments at the Home Office and the Treasury, his last being that of Director in the National S ...
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John Sentamu
John Tucker Mugabi Sentamu, Baron Sentamu, (; ; born 10 June 1949) is a retired Anglican bishop and life peer. He was Archbishop of York and Primate of England from 2005 to 2020. Born near Kampala in Uganda, Sentamu studied law at Makerere University before gaining employment as an advocate of the Supreme Court of Uganda. Speaking out against the regime of President Idi Amin, he was briefly imprisoned before fleeing in 1974 to the United Kingdom, where he devoted himself to Anglicanism, beginning his study of theology at Selwyn College, Cambridge, in 1976 and eventually gaining a doctorate in 1984. He studied for ordination at Ridley Hall, Cambridge, and was ordained in 1979. In 1996 he was consecrated as the area bishop of Stepney and in 2002 became Bishop of Birmingham. In 2005 he was appointed to the office of Archbishop of York. He has also received attention for his vocal criticism of former Zimbabwean president Robert Mugabe. Sentamu was omitted from the first list ...
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