Admiral Group
(Redirected from
Admiral Insurance
)
 | |
 Tŷ Admiral, the head office of the Admiral Group | |
| Company type | Public limited company |
|---|---|
| LSE: ADM FTSE 100 Component | |
| Industry | Insurance |
| Founded | 1991 |
| Headquarters | Cardiff, Wales, UK |
Key people |
|
| Revenue |  £3,486.1 million (2023)[1] |
| £462.9 million (2023)[1] | |
| £337.2 million (2023)[1] | |
| Website | admiralgroup |
Admiral Group plc is a British
price comparison services Confused.com and Compare.com.[2] The group employs more than 10,000 people across its brands.[3]
History
The business started as a division of the Brockbank Group in 1991.management buy-out of the Admiral Group from the Brockbank Group backed by Barclays Private Equity.[4] On 23 September 2004, Admiral floated on the London Stock Exchange.[4]
In September 2004, the Admiral Group plc announced the pricing of its
market capitalisation of Admiral at the commencement of dealings on the London Stock Exchange was £711 million.[5]
On 13 May 2015, it was announced that Engelhardt, would step down as CEO, and be replaced in 2016 by David Stevens, the COO.[2]
On 1 January 2021, David Stevens stepped down as CEO to be replaced by Milena Mondini de Focatiis.[6]
In April 2021, Admiral finalised the sale of interests, that included its Cardiff-based price comparison firm Confused.com, to RVU for proceeds of £508m.[7]
References
- ^ a b c "Preliminary Results 2023". Admiral Group. Retrieved 7 March 2024.
- ^ a b c Treanor, Jill (13 May 2015). "Admiral insurance founder to step down after 25 years". The Guardian. London. Retrieved 16 July 2019.
- ^ "Our Story". Admiral jobs. Retrieved 22 October 2020.
- ^ a b "Admiral named 'Exit of the Year' by Acquisitions Monthly". Equistone. 19 January 2005.
- ^ "Admiral IPO begins successfully". Insurance Post. 23 September 2004. Retrieved 17 March 2012.
- ^ "Admiral Group PLC's new CEO Milena Mondini de Focatiis takes up the reigns". 11 December 2020. Retrieved 26 January 2021.
- ^ "Admiral concludes £508m sale of interests including its price comparison venture Confused.com". 30 April 2021. Retrieved 4 June 2021.
External links
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