FBD Holdings

FBD Holdings plc
Formerly	Farmer Business Developments
Type	Public limited company
Traded as	ISEQ: EG7; LSE: FBH
Founded	1969
Headquarters	Dublin, Ireland
Key people	Liam Herlihy, Chairman; Paul D'Alton, CEO
Products	General insurance underwriting
Revenue	€ 370 million (2019)[1]
Operating income	€ 112 million (2019)[1]
Net income	€ 98.2 million (2019)[1]
Website	www.fbdgroup.com

FBD Holdings plc is an Irish insurance company. It is quoted on the Irish Stock Exchange and the London Stock Exchange. FBD also has financial service businesses as well as hotel and leisure property interests. The company is headquartered in Bluebell in Dublin, and it has 34 branch offices throughout the Republic of Ireland.

History

The company was established in 1969 as Farmer Business Developments[2] offering farm and agri-sector insurance.[3] During the 1970s, the group expanded to include a life insurance broker, a corporate insurance broker and consultancies. In 1988, the various entities were grouped under the umbrella of a holding company, which was subsequently floated on the Irish Stock Exchange.[4]

Divisions

FBD insurance

FBD offers car, home, farm and business insurance. It is Ireland's largest insurer to the agri-sector and the second largest company in the non-health general insurance market.[5]

FBD finance

FBD provides personal finance and finance for businesses.

FBD brokerage

FBD is an insurance broker mainly in the Food and Agricultural sector, providing risk management and insurance.

References

"KBC sells stake in FBD (Ireland)". KBC. 9 March 2005. Archived from the original on 20 July 2011.
"The €1.5bn insurance king that grew from a £50 note". Irish Independent. 7 June 2007.
Paddy O’Keeffe steps down from Farmer Business Developments plc Archived 2013-02-17 at Archive.today Irish Farmers Journal, 31 July 2010
"FBD gains market share as target strategy pays off". Irish Independent. 12 August 2009.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.

[2] "KBC sells stake in FBD (Ireland)". KBC. 9 March 2005. Archived from the original on 20 July 2011.

[3] "The €1.5bn insurance king that grew from a £50 note". Irish Independent. 7 June 2007.

[4] Paddy O’Keeffe steps down from Farmer Business Developments plc Archived 2013-02-17 at Archive.today Irish Farmers Journal, 31 July 2010

[5] "FBD gains market share as target strategy pays off". Irish Independent. 12 August 2009.