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Sabre Insurance

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Sabre Insurance
Company typePublic
LSESBRE
IndustryInsurance
Founded1982; 44 years ago (1982)
HeadquartersDorking, Surrey
Key people
Rebecca Shelley, (Chair)
Geoff Carter (CEO)
RevenueIncrease £248.1million (2024)[1]
Increase £48.6 million (2024)[1]
Increase £36.0million (2024)[1]
Websitewww.sabreplc.co.uk

Sabre Insurance is an insurer specialising in the car, van and motorbike insurance market. It is listed on the London Stock Exchange.

History

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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

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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

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  1. ^ a b c "Annual Results 2024". Sabre Insurance. Retrieved 18 March 2025.
  2. ^ "Sabre Insurance". Q4 Insure. Retrieved 22 January 2019.
  3. ^ "These are the UK's richest people in insurance". Insurance Business Magazine. 20 November 2020. Retrieved 11 June 2023.
  4. ^ "Sabre bought by private equity firm". Insurance Times. 9 September 2013. Retrieved 8 July 2025.
  5. ^ a b "Sabre launches IPO after talks to sell group come to nothing". FT. 13 November 2017. Retrieved 31 December 2018.
  6. ^ "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.
  7. ^ "Private equity firm BC partners exits Sabre Insurance with £116m share sale". City AM. 5 September 2018. Retrieved 8 July 2025.
  8. ^ "'Ambition 2030' plan" (PDF). Sabre. Retrieved 4 July 2025.
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