In 1797 Thomas Bignold, a 36-year-old wine merchant and banker, founded the first Norwich Union Society. Some years earlier, when he moved from Kent to Norwich, Bignold had been unable to find anyone willing to insure him against the threat from highwaymen. With the entrepreneurial thought that nothing was impossible, and aware that in a city built largely of wood the threat of fire was uppermost in people's minds, Bignold formed the "Norwich Union Society for the Insurance of Houses, Stock and Merchandise from Fire". The new business, which became known as the Norwich Union Fire Insurance Office, was a "mutual" enterprise. Norwich Union was later to become the country's largest insurance giant.
From earliest times, Norwich was a centre of textile manufacture. Towards the end of the 18th century, in the 1780s, the manufacture of Norwich shawls became an important industry and remained so for nearly one hundred years. The shawls were a high-quality fashion product and rivalled those made in other towns such as Paisley (which entered shawl manufacture in about 1805, some 20 or more years after Norwich). With changes in women's fashion in the later Victorian period, the popularity of shawls declined and eventually manufacture ceased. Examples of Norwich shawls are now highly sought after by collectors of textiles.
Norwich's geographical isolation was such
Embassy Locator | Contact Us | Privacy Policy | Terms of Use | My Bookings
© 2012-2023 Traveltill.com. All rights reserved.