Wiki Article
Sabre Insurance
Nguồn dữ liệu từ Wikipedia, hiển thị bởi DefZone.Net
| Company type | Public |
|---|---|
| LSE: SBRE | |
| Industry | Insurance |
| Founded | 1982 |
| Headquarters | Dorking, Surrey |
Key people | Rebecca Shelley, (Chair) Geoff Carter (CEO) |
| Revenue | |
| Website | www |
Sabre Insurance is an insurer specialising in the car, van and motorbike insurance market. It is listed on the London Stock Exchange.
History
[edit]Sabre Insurance was originally established as an underwriting agency for Crusader Insurance and Royal Insurance in 1982.[2]
It was acquired by General Accident in 1996 and became part of CGU in 1998 and of Aviva in 2000, through a series of insurance sector mergers, before being the subject of a management buyout led by Keith Morris and Angus Ball, supported by BDML Group, in 2002.[3]
In September 2013, private equity firm BC Partners acquired a controlling interest in the business, enabling further growth.[4]
The company launched an initial public offering on the London Stock Exchange in December 2017.[5][6]
BC Partners sold its investment in the company in September 2018.[7]
In July 2024, Sabre launched its "Ambition 2030" strategy, which identified opportunities for additional growth.[8]
Activities
[edit]The company specialises in the unpopular parts of the car insurance market using brands which include Go Girl, Insure2Drive and offers motorbike insurance through Sabre Direct.[5]
References
[edit]- ^ a b c "Annual Results 2024". Sabre Insurance. Retrieved 18 March 2025.
- ^ "Sabre Insurance". Q4 Insure. Retrieved 22 January 2019.
- ^ "These are the UK's richest people in insurance". Insurance Business Magazine. 20 November 2020. Retrieved 11 June 2023.
- ^ "Sabre bought by private equity firm". Insurance Times. 9 September 2013. Retrieved 8 July 2025.
- ^ a b "Sabre launches IPO after talks to sell group come to nothing". FT. 13 November 2017. Retrieved 31 December 2018.
- ^ "Sabre Insurance Prices IPO For GBP575 Million Market Capitalisation". Morning Star. 6 December 2017. Archived from the original on 11 April 2019. Retrieved 31 December 2018.
- ^ "Private equity firm BC partners exits Sabre Insurance with £116m share sale". City AM. 5 September 2018. Retrieved 8 July 2025.
- ^ "'Ambition 2030' plan" (PDF). Sabre. Retrieved 4 July 2025.