Admiral Group

Share on Facebook Share on Twitter Email
Top
Admiral Group plc
Type Public (LSEADM)
Industry Insurance
Founded 1993
Headquarters Cardiff, Wales, UK
Key people Alastair Lyons, Chairman
Henry Engelhardt, Founder/CEO
Revenue £870.3 million (2011)[1]
Operating income £299.1 million (2011)[1]
Net income £221.3 million (2011)[1]
Website www.admiralgroup.co.uk

Admiral Group plc (LSEADM) 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.

Contents

History

In 1990, a managing agent at Lloyd’s called Hayter Brockbank chose Admiral Group’s current CEO, 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]

Operations

UK brands

confused.com logo

Admiral Group operates under a number of brands in the UK:

Overseas brands

It also operates under a number of brands outside the UK:


The headquarters at Capital Tower, Cardiff

References

External links


Post a question - any question - to the WikiAnswers community:

Copyrights: