Sabre Insurance
| File:Sabre Insurance logo logo.svg | |
| Company type | Public |
|---|---|
| LSE: SBRE | |
| Industry | Insurance |
| Founded | 1982 |
| Headquarters | Dorking, Surrey |
Key people | Rebecca Shelley, (Chair) Geoff Carter (CEO) |
| Revenue | Increase £248.1million (2024)[1] |
| Increase £48.6 million (2024)[1] | |
| Increase £36.0million (2024)[1] | |
| Website | www |
Sabre Insurance is an insurer specialising in the car, van and motorbike insurance market. It is listed on the London Stock Exchange.
History
[edit | edit source]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
[edit | edit source]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
[edit | edit source]- ^ a b c Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ a b Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).