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词条 Admiral Group
释义

  1. History

  2. Operations

     Brands in the United Kingdom  Overseas brands 

  3. Controversy

  4. References

  5. External links

{{short description|Motor insurance company}}{{Infobox company
| name = Admiral Group plc
| logo = Admiral Group.svg
| logo_size = 180px
| image = File:Tŷ Admiral, Cardiff.JPG
| image_caption = Tŷ Admiral, the head office of the Admiral Group
| type = Public limited company
| traded_as = {{lse|ADM}}
FTSE 100 Component
| foundation = 1991
| location = Cardiff, Wales, UK
| key_people = Annette Court {{small|(Chairman)}}
David Stevens {{small|(CEO)}}
| industry = Insurance
| revenue = £1,261.6 million (2018)[1]
| operating_income = £487.5 million (2018)[1]
| net_income = £390.5 million (2018)[1]
| homepage = www.admiralgroup.co.uk
}}

Admiral Group plc is a motor insurance company with its head office in Cardiff, Wales. Listed on the London Stock Exchange, it is a constituent of the FTSE 100 Index.

History

In 1990, a managing agent at Lloyd's of London called Hayter Brockbank chose Henry Engelhardt, to head up a new operation and formulate its business plan.[2] In November 1999, Engelhardt led a management buy-out of Admiral Group from the Brockbank Group backed by Barclays Private Equity.[3] On 23 September 2004, Admiral floated on the London Stock Exchange.[3]

Admiral Group plc announced the pricing of its initial public offering at an offer price of 275 pence per existing ordinary share. Based on the offer price, the market capitalisation of Admiral at the commencement of dealings on the London Stock Exchange was £711 million.[4] On 13 May 2015, it was announced that the founder of Admiral, Henry Engelhardt, would step down as CEO, and be replaced in 2016 by David Stevens, the COO.[5]

Operations

Brands in the United Kingdom

Admiral Group operates under a number of brands in the United Kingdom:

  • Admiral Insurance
  • 'Bell' from Admiral (exclusively telematics policies, previously Bell Insurance)
  • Confused.com
  • Diamond Insurance
  • Elephant
  • Gladiator (for commercial vehicles)

Overseas brands

It also operates under a number of brands outside the United Kingdom:

  • Balumba, Qualitas Auto, WiYou and Rastreator (Spain)
  • Assicurazioni ConTe.it (Italy)
  • L'olivier assurance auto and LeLynx (France)
  • Elephant Insurance and compare.com (United States)

==== Elephant Insurance ====

Elephant Insurance is a direct to consumer property and casualty insurance company headquartered in Richmond, Virginia.[6] It offers auto, home, motorcycle, and life products to the customers in the United States.[7]

Controversy

In November 2012, Admiral were criticised by the police for increasing insurance premiums for vehicle drivers who had opted to take an educational course on speed awareness in place of receiving penalty points on their licence. Although the police did not treat these courses as convictions, Admiral Group companies had chosen to take them into consideration as their statistics showed drivers who had attended a speed awareness course were an increased risk. [8]

References

1. ^{{cite web|url=https://admiralgroup.co.uk/sites/default/files_public/rns/2019/03/2018-full-year-results-rns.pdf |title=Preliminary Results 2018|publisher= Admiral Group |accessdate= 8 March 2019}}
2. ^{{cite web|url=http://www.fmwf.com/media-type/news/2011/10/the-interview-admiral-boss-henry-engelhardt/| title=The Interview: Admiral boss Henry Engelhardt|publisher=FMWF|date=19 October 2011|accessdate=17 March 2012}}
3. ^{{cite web|url=http://www.equistonepe.com/details/news-detail-translated?id=164&news=1&popup=1|title=Admiral named 'Exit of the Year' by Acquisitions Monthly|publisher=Equistone|date=19 January 2005}}
4. ^{{cite web|url=http://www.postonline.co.uk/post/news/1263726/admiral-ipo-begins-successfully|title=Admiral IPO begins successfully|publisher=Post-on-line|date=23 September 2004|accessdate=17 March 2012}}
5. ^{{cite news|last1=Treanor|first1=Jill|title=Admiral insurance founder to step down after 25 years|url=https://www.theguardian.com/uk-news/2015/may/13/admiral-insurance-founder-to-step-down-after-25-years|accessdate=13 May 2015|work=The Guardian|date=14 May 2015}}
6. ^{{cite web|url=https://www.thebalance.com/elephant-auto-insurance-review-4145305|title= Elephant Auto Insurance Review|publisher=TheBalance.com|accessdate=8 October 2018}}
7. ^{{cite web|url=https://thesiliconreview.com/magazines/providing-a-hassle-free-insurance-experience-elephant-insurance/ |title=Providing a Hassle-Free Insurance Experience: Elephant Insurance|publisher=TheSiliconReview.com|accessdate=8 October 2018}}
8. ^{{cite news|last=Emma|first=Forde|title=Car insurers start penalising speed awareness courses|url=https://www.bbc.co.uk/news/uk-20328860|accessdate=18 November 2012|newspaper=BBC News|date=18 November 2012}}

External links

{{Portal|Companies}}
  • {{official website|http://www.admiralgroup.co.uk/}}
  • Yahoo profile
  • Duedil Company Profile
{{Economy and Industry of Cardiff}}{{FTSE 100 Index constituents}}{{Use dmy dates|date=June 2013}}

9 : Companies established in 1991|1991 establishments in Wales|Companies based in Cardiff|Financial services companies of Wales|Insurance companies of the United Kingdom|Companies listed on the London Stock Exchange|Road transport in the United Kingdom|Private equity portfolio companies|Welsh brands

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