51-580: The Friends Provident Trophy was a one-day cricket competition in the United Kingdom. It was one of the four tournaments in which the eighteen first-class counties competed each season. They were joined by teams from Scotland and Ireland . Lancashire won the title a record seven times. The competition was previously known as the Gillette Cup (1963–1980), the NatWest Trophy (1981–2000), and
102-490: A Middlesex side featuring Andrew Strauss in 2001. However, the majority of the time it was an opportunity for county sides to score very high scores against or bowl out cheaply Minor Counties opposition. One of the most famous matches in the competition was the 1971 Gillette Cup semi-final at Old Trafford , with David Hughes of Lancashire coming out to bat at 8.45 pm (before any floodlights) and scoring 24 in one over to beat Gloucestershire . That Lancashire team won
153-712: A Board of ten to twenty directors to be Quakers. That year also saw Phoenix sell its Australian life business to Friends' Provident. By 1981, a league table of British life offices listed Friends' Provident as fifteenth by assets. In 1986 Friends merged with UK Provident. In 1992 it became a foundation partner in the Eureko Alliance in association with AVCB (The Netherlands), Topdanmark (Denmark) and Wasa (Sweden). As part of this alliance, Friends Provident passed all of its then non UK subsidiaries (primarily in Australia, Canada and Ireland) into Eureko. The Irish entity continued on
204-646: A bowler bowling a maximum of 13. For the 1966 competition until 1998, the maximum was 12. Minor Counties teams first competed in the 1964 season. The competition has been seen as a cricketing version of football's FA Cup (it being said that "the B&;H was always the League Cup final to the Gillette/NatWest's FA Cup "), with Minor Counties, Ireland and Scotland playing against the First Class Counties in
255-615: A limited-overs competition (65 overs-a-side) the following year for all first-class counties, sponsored by American safety razor company Gillette . The original title was " The First Class Knock Out Competition for the Gillette Cup ". The first match (which was also retrospectively identified as the first List A cricket match after that designation was developed), was a Preliminary Round match on 1 May 1963 at Old Trafford, Manchester with Lancashire facing Leicestershire . The match ended up lasting two days due to rain. Peter Marner scored
306-673: A number of locations including Manchester , Clyst St. Mary in Exeter and Dorking , and was the second largest employer in Salisbury . There are also a few smaller area offices such as those in Bristol and Preston . Internationally Friends Provident had offices in Luxembourg , Hong Kong , Singapore and Dubai . In 2009 the England and Wales Cricket Board (ECB) announced that Friends Provident would be
357-579: A range of life protection, income protection, pensions and investment products for individual customers and corporate clients throughout the UK. The International Life and Pensions business operated throughout Europe, Asia, and the Middle East. Friends Provident was the first investment house in the UK to offer a fully ethical investment fund called the Stewardship fund. Friends Provident had large offices in
408-413: A scheduled 120 overs in a day (130 when the tournament began) necessitated some early starts. End of season early-morning conditions by the time of the final often favoured the team fielding first, who usually triumphed in the 1980s and 1990s. A rare exception occurred in 1996, when Lancashire bowlers Glen Chapple and Peter Martin triggered a remarkable collapse by Essex . In 1999 the number of overs
459-548: A search for solutions and there were abortive negotiations for Royal Exchange Assurance to take over FPI in 1912. In 1914, FPI agreed to accept non-Quakers for non-profit policies only but the major change came with the Friends' Provident Institution Act 1915 ( 5 & 6 Geo. 5 . c. xlv). This incorporated FPI as a mutual life assurance office free from the remaining restrictions of the Friendly Society Acts and accepting all
510-525: A strategic review, including cost cutting and a proposed demerger of F & C. In January 2008 Friends received an informal £4.1 billion offer by JC Flowers , later aborted. In 2009 a newly formed Resolution Limited returned with a fresh approach and in August a bid of £1.86 billion was accepted. In the November, Friends Provident duly became a subsidiary of Resolution. The UK Life and Pensions business marketed
561-476: Is in the best interest of both companies with the advantages of a greater volume, well distributed" The company; now known as Friends' Provident Life, was once again a life-only mutual company. Despite the problems of Century, it been expanding. In 1957 it had entered the life market in Canada by buying 90 per cent of Fidelity Life Assurance of Regina, Saskatchewan and in 1960 it opened a life branch in Australia. By
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#1732858639735612-612: The C&;G Trophy (2000–2006). For a short period following the 2006 season, the competition was known as the ECB One-Day Trophy because no sponsors were forthcoming when Cheltenham and Gloucester decided to end their association with the competition after the 2006 season. The tournament, along with the Pro40 forty-overs competition, was replaced by the ECB 40 competition from the 2010 season. It
663-520: The National Westminster Bank took over the sponsorship of the competition from Gillette. That year's final finished in a tie, with both sides scored 235. Derbyshire claiming the trophy from Northamptonshire by losing fewer wickets (Derbyshire 6 to Northants 9). Other last ball finishes in the final occurred in 1984 when Middlesex beat Kent , in 1985 when Essex beat Nottinghamshire , and in 1993 when Warwickshire beat Sussex . There
714-614: The 1965 final, and the domination of the 1979 final by the West Indies pair Viv Richards and Joel Garner , who helped Somerset to their first major trophy a few months after helping West Indies to win the World Cup , also at Lord's . Another West Indies international, Alvin Kallicharran , completed the first double century in the tournament in 1984, in a tie in which he remarkably also took six wickets. The necessity of aiming to complete
765-435: The 1970s it had been agreed that the life business and the general business of Century should not be operated out of the same office and a separate branch structure was established for the life office. The sale of Century was followed by Friends' Provident Life Office Act 1975 (c. xiv) to update the rules, ending the requirement that a majority of the directors had to be Quakers. The new rules allowed for at least five out of
816-640: The Century Insurance Company of Edinburgh at a cost of £507,000, 15 per cent of the life fund's assets. Century was founded in 1885, as Sickness and Accident Assurance but as the general insurance business expanded it changed its name to Century Insurance Co. in 1901. Unlike FPI, Century had well-established branches with five in Scotland, 13 in England , one in Wales and two in Ireland and these were intended to be
867-536: The Friend's Provident brand for a number of years until ultimately renaming as Friends' First in 1998. In 1993 it acquired the UK operations of National Mutual of Australia and in 1998 it acquired London & Manchester Assurance. In November 1997, Friends Provident announced that it would merge its asset management business with Ivory and Sime , in a deal worth £132 million, thereby creating Friends Ivory & Sime. Following
918-472: The North and South Conferences. Matches were 50 overs per side, gaining two points for a win, one point for a no result and no points for a loss. Once the league positions were decided, the top teams from each Conference competed for the trophy in a final at Lord's . In the 2007 season this involved a semi-final knock-out stage, the winner in each conference playing the runners-up in the other. The league structure
969-579: The Pacific Coast Fire Company of Canada was also bought in 1920 and there was a further significant increase in the fire business when in 1926 it bought Liverpool Marine & General Insurance. The growth in business required larger premises and in 1928 a new office at 7 Leadenhall Street was bought. However, the expansion of Century's business, particularly in North America was causing strains that would eventually lead to its disposal. By
1020-598: The Society of Friends. By the 1890s this was regarded as serious impediment to growth The restriction on investment powers was resolved by the Friends' Provident Institution Act 1899 ( 62 & 63 Vict. c. lv) but the Quaker constraints took longer to resolve. There was little scope to increase agents as these were tied to Quaker meetings and had been fully exploited; there were no branches except London. Poor results in 1908 and 1909 led to
1071-461: The branch manager of Royal Exchange at Birmingham was appointed the first general manager; as a sign of the changes underway, he was not a Quaker. A central part of Tapscott's strategy was to move FPI into general insurance but there were no powers to do so under the Friends' Provident Institution Act 1915. However, there was nothing to prevent it investing in a company and in 1918 FPI's life fund bought
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#17328586397351122-457: The first century and Brian Statham was the first bowler to take 5 wickets in a match. Sussex were the first winners of the Gillette Cup, beating Worcestershire in the final at Lord's . Norman Gifford was the first "Man of the Match" for a final. In the inaugural season the matches were 65 overs per side, with a bowler bowling a maximum of 15 overs. In 1964, this was reduced to 60 overs with
1173-424: The first round. Most times the established teams beat the part-timers but very occasionally there was some "giant killing". Between 1963 and 2005 there were 15 "upsets", including: Durham (at that time still a minor county) being the first in 1973 v Yorkshire ; Hertfordshire being successful on two occasions, beating Essex in 1976, and winning a bowl-out versus Derbyshire in 1991; and Herefordshire overcoming
1224-543: The head office of Century remained in Edinburgh but its general insurance business was moved to London. The Century agents were used to expand FPI's life business. In recognition of the changes, in 1920 the name of the company was changed to Friends' Provident and Century Life Office although legally Century remained owned by the FPI life fund. Apart from losses in marine insurance, the combined business made good progress. Through Century,
1275-524: The late 1920s, the growth in Century's business was requiring an equivalent increase in capital and this put a strain on the resources of the FPI life fund. A new holding company, Century Insurance Trust, was formed to hold all the general insurance companies and this was able to raise its own loan capital. Worse was to come in the form of the Wall Street Crash of 1929 and the subsequent depression. The Group
1326-407: The life business to grow. Friends Provident began writing pensions business in 1934 and this became large enough to form a group life and pensions department in 1937. By the end of the 1930s, life premium income was double that of 1929. Post-war growth was encouraging, prompting a further move of head office. In 1954, Friends' Provident bought 43 acres outside Dorking in 1954 and a new headquarters
1377-497: The periodic underwriting losses strained the life fund's capital base and Century was sold in 1975. In the year 2000, Friends Provident demutualised and listed on the FT100 Index. After abortive takeover negotiations, Friends accepted a takeover bid from Resolution Limited in 2009. Samuel Tuke and Joseph Rowntree first mooted the ideal of a friendly society in 1829, to serve the needs of the Society of Friends ( Quakers ). Tuke, who
1428-487: The provisions of the Companies Act. It was no longer necessary to appoint trustees to hold property or exercise other legal functions. Under new rules membership still primarily required membership of, or association with. the Society of Friends; however, the directors were given power to admit any appropriate person. The directors now recognised that new leadership was required if FPI was to expand and in 1916 Henry Tapscott,
1479-520: The title sponsor for the new Twenty20 competition, the Friends Provident T20. In 2007 Friends Provident signed a three-year deal to sponsor the domestic one-day cricket competition, The Friends Provident Trophy . Friends Provident were the main sponsor of Southampton F.C. from 1999 to 2006 and also sponsored the St Mary's Stadium , from its construction in 2001 until 2006. During this time,
1530-457: The tournament three seasons in a row from 1970 to 1972. In June 1973, Durham became the first minor county to defeat a first-class county in the competition, when they beat Yorkshire by six wickets in round one. They then became the first minor county to defeat two first class counties, when they defeated Derbyshire at the same stage in 1985. This was the catalyst for the successful campaign that saw Durham gain first-class status in 1991. In 1981,
1581-539: The transaction, Friends Provident owned 67% of the combined entity. In the year 2000, Friends Provident demutualised and listed on the FT100 Index, raising £1.6m. Its two main businesses were life and pensions, and asset management through its 67% holding in Friends Ivory and Sime. As part of the demutualisation the Friends Provident Foundation was endowed as an independent charity. The asset management
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1632-577: The vehicle for FPI's expansion. Century had also developed significant overseas interests. By 1914, agencies had been opened in eight European countries, two in Australia and three in India . A shred underwriting agreement had also been made with Henry W Brown, which operated in most states of the United States . Following the Century acquisition, the FPI head office was moved from Bradford to Kingsway, London ;
1683-656: The venue was officially known as the Friends Provident St. Mary's Stadium . David Hughes (Lancashire cricketer) David Paul Hughes (born 13 May 1947) is an English former cricketer . David Hughes was a stalwart of the Lancashire side for more than two decades, making 10,419 first-class runs. He batted right-handed and took 655 wickets with his left-arm spin . Hughes was born in Newton-le-Willows , St Helens , Lancashire . Making his debut in 1967, he
1734-407: Was capped in 1970. During the 1971 Gillette Cup semi-final against Gloucestershire on 28 July 1971, Hughes walked out to bat with the time approaching a quarter to nine in the evening and 25 runs still needed from the five remaining overs. There was a suggestion that the umpires would have to abandon play for the day and finish the game the following morning, but, when Hughes queried the light, he
1785-644: Was captain of Lancashire between 1987 and his retirement in 1991, and in the first of these years Lancashire finished second in the County Championship ; in 1988 Hughes was named as a Wisden Cricketer of the Year . As captain he oversaw a successful period for the county in limited-over cricket and they won the Refuge Assurance Cup in 1988, the Refuge Assurance League in 1989, and in 1990 became
1836-562: Was a banking institution founded in 1832 to serve the needs of the Society of Friends ( Quakers ). Based in Bradford , Yorkshire , it concentrated on sickness and annuity policies until its life fund acquired Century Insurance in 1918, expanding into general insurance. The restriction to Quaker membership was an increasing constraint but the ties were substantially reduced by the Friends' Provident Institution Act 1915 ( 5 & 6 Geo. 5 . c. xlv). Although Century's branch network enabled FPI to expand,
1887-539: Was a notable finish too in 1987 when Nottinghamshire 's unlikely victory over Northamptonshire was engineered by Richard Hadlee in his last season with the county. The tournament was always the more prestigious of the two "full length" one day cup competitions. The other was the Benson & Hedges Cup , which was abolished in 2002 and replaced with the Twenty20 Cup . At a time when county cricketers' exposure on television
1938-463: Was a prominent leader in the Society and a city councillor in York , took the lead and was the insurer's first chairman. No capital was initially subscribed; "solvency was guaranteed by a bond entered into by several trustees" chiefly of noted Quaker families. Funds were subsequently raised from 45 prominent Quakers and, with a board of 20 directors, Friends' Provident Insurance [FPI] was launched in 1832. There
1989-600: Was able to declare its first bonuses on life policies. Agencies were gradually appointed, all through the offices of the Society of Friends and by 1862 there were 42 in England, one each in Wales and Scotland, and eight in Ireland. Life funds increased progressively to £1m. in 1870, £2m. in 1889, and £3m. in 1902. As FPI grew in size it, increasingly found itself constrained by the Friendly Society Acts and especially its confinement to members of
2040-437: Was cut to 50 per side to give English and Welsh cricketers more experience of playing matches the same length as One Day Internationals . In line with One Day International cricket, teams played in coloured clothing from 2005. The competition was revised into a league format from 2006. The eighteen English and Welsh first-class sides, plus Scotland and Ireland, were split into two groups of ten by geographical location known as
2091-411: Was enlarged by the purchase of Royal Sun & Alliance's asset business and then again in 2004 by the merger with F&C Asset Management . This left Friends Provident with 51% of the enlarged F & C, managing £125 billion funds. In July 2007, Friends announced an agreed "merger of equals" with insurer Resolution plc but this collapsed in November as a result of shareholder opposition. This prompted
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2142-440: Was expressed in 1990 when Phillip DeFreitas was initially overlooked for selection for the winter Ashes series , it being suggested at the time that he "surely booked his place on England's winter tour of Australia with an astonishing eight-over opening burst, which reduced Northants to an unbelievable 39 for five" in the final. Other notable individual performances included a brisk out-of-character century by Geoff Boycott in
2193-413: Was hard to match the expense ratios of the larger companies. At the same time, the need for increased solvency and regulatory changes had reduced the life fund's value of Century to less than half its written down value. It was agreed that on 1 January 1975, Phoenix Insurance would buy all of Century Insurance worldwide for shares in the enlarged group. The official announcement stated that "This agreement
2244-906: Was latterly played during the second half of the season. In August 2009, the ECB announced that from 2010 there would be one 40-overs per innings tournament replacing both the Pro40 and the Friends Provident Trophy. This along with the English County Championship and the Friends Provident t20 (a revised form of the Twenty20 Cup), would be English cricket's three domestic competitions. Gillette Cup NatWest Trophy C&G Trophy Friends Provident Trophy First class counties with no wins: Glamorgan and Leicestershire Friends Provident Friends' Provident Insurance
2295-656: Was limited, the final of the Gillette Cup/NatWest Bank Trophy was a relatively high-profile opportunity for some to make a case for national selection, especially as it often fell in early September, just before the announcement of an England winter tour party. Thus strong performances by Roland Butcher in the 1980 final, and Geoff Cook in 1981, may have assisted their subsequent selection and Test debuts. The strong performances of then young cricketers Angus Fraser and Mark Ramprakash for Middlesex in 1988 certainly raised their profiles. Conversely surprise
2346-555: Was more heavily invested in U.S. and Canadian stocks than most life companies and those investments fell by more than 50 per cent. More than 60 per cent of Century's general insurance business was written in the U.S. and Canada; its premium income fell by 25 per cent over the two years 1929 and 1930 and underwriting results were also poor. By the end of 1930, FPI 's life fund assets were valued at five per cent less than its liabilities. FPI even cancelled its planned centenary bonus. Substantial cost reductions and better fund revaluations allowed
2397-617: Was only one member of staff, Benjamin Ecroyd the Secretary, a conveyancer in Bradford , and the FPI opened in a room above a confectioner's shop in Market Street Bradford. The office remained until 1862 when the FPI bought the old county court building at Darley Street. The first classes of business were annuities for members aged over 55 and children's deferred policies. After its initial ten years, when life funds had reached £150,000, FPI
2448-488: Was opened in 1958. However, the position in North America began to worsen. US and Canada made losses in fire and motor between 1951 and 1957 and Century made heavy trading losses in 1957, once again impacting on the value of the life fund. In 1963 Century withdrew entirely from the US fire and accident market and consolidated its position in Canada. Century suffered fire losses in 1973and 1974 and recognised that in accident and marine it
2499-478: Was revised in 2008 as the twenty teams were split into four groups of five. Each team plays the other in the group home once and away once, with the top 2 counties in the group going into the quarter-finals. The competition was played in the first half of the cricket season with the final taking place in August. The other main domestic one-day competition, the Natwest Pro40 League (formerly "Sunday League"),
2550-556: Was the first top-level one-day competition to be introduced in English and Welsh cricket, amid concern about falling attendances at County Championship matches in the early 1960s. The competition was based on the Midlands Counties Knockout Cup experiment of 1962, when Derbyshire , Leicestershire , Northamptonshire and Nottinghamshire played one-innings-a-side matches which each lasted one day. The MCC decided to hold
2601-577: Was told by umpire Arthur Jepson , "You can see the Moon. How far do you want to see?". Hughes proceeded to hit 24 off a single over bowled by John Mortimore , and set up a Lancashire win. Hughes played for D. H. Robins ' XI in South Africa in 1971/72 and for Tasmania in 1975/76 and 1976/77, and accompanied Lancashire on three overseas tours in the mid-1980s, but otherwise stayed at home; of his 447 first-class matches, only ten were not played on British soil. He
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