Sabre Insurance

Sabre Insurance is an insurer specialising in the car insurance market. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Sabre Insurance
TypePublic
LSE: SBRE
IndustryInsurance
Founded1982 (1982)
HeadquartersDorking, Surrey
Key people
Andy Pomfret, (Non-Executive Chairman)
Geoff Carter (CEO)
Revenue£191.0 million (2019)[1]
£56.5 million (2019)[1]
£45.7 million (2019)[1]
Websitewww.sabreplc.co.uk

History

The company was founded by Angus Ball and Keith Morris in 1982.[2] It was acquired by General Accident in 1996 and became part of CGU in 1998 and of Aviva in 2000 before being subject of a management buyout in 2002.[3] Its growth has been backed by equity partner BC Partners. The company launched an initial public offering on the London Stock Exchange in December 2017.[2]

Activities

The company specialises in the unpopular parts of the car insurance market using brands which include Go Girl, Insure2Drive and Drive Smart.[2][4]

References

  1. "Annual Results 2019". Sabre Insurance. Retrieved 28 April 2020.
  2. "Sabre launches IPO after talks to sell group come to nothing". FT. 13 November 2017. Retrieved 31 December 2018.
  3. "Sabre Insurance". Q4 Insure. Retrieved 22 January 2019.
  4. "Sabre Insurance Prices IPO For GBP575 Million Market Capitalisation". Morning Star. 6 December 2017. Retrieved 31 December 2018.
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