|A Little Bit Of Our History.|
|Nathaniel T Butterfield started representing the Phoenix Assurance in Bermuda in 1815.|
He was a merchant with
an eye for a good thing who gradually became involved with banking
and insurance and founded Bermuda's oldest bank (N.T. Butterfield & Son,
Ltd.) and Bermuda's oldest insurance agency (C.N.A. Butterfield & Son,
Ltd.). The two split apart in the early part of the twentieth century
with the bank becoming a public company while the insurance agency
remained a family business. There is still a client who according
to family members
(records are hard to come by before the twentieth century) has been
covered continuously since 1815.
In 1984 the Phoenix Assurance merged with the Sun Alliance and in 1997 Sun Alliance merged with the Royal to form the Royal and Sun Alliance. Due to these changes the agency has begun a relationship with Lloyds which will allow other lines of business while maintaining strong customer service and independence.
Copyright © 2003, C.N.A. Butterfield & Son Ltd., Bermuda