Sabre Insurance
 | |
| Company type | Public |
|---|---|
| LSE: SBRE | |
| Industry | Insurance |
| Founded | 1982 |
| Headquarters | Dorking, Surrey |
Key people | Patrick Snowball, (Chairman) Geoff Carter (CEO) |
| Revenue | £191.0 million (2019)[1] |
| £56.5 million (2019)[1] | |
| £45.7 million (2019)[1] | |
| Website | www |
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.
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
- ^ a b c "Annual Results 2019". Sabre Insurance. Retrieved 28 April 2020.
- ^ a b c "Sabre launches IPO after talks to sell group come to nothing". FT. 13 November 2017. Retrieved 31 December 2018.
- ^ "Sabre Insurance". Q4 Insure. Retrieved 22 January 2019.
- ^ "Sabre Insurance Prices IPO For GBP575 Million Market Capitalisation". Morning Star. 6 December 2017. Retrieved 31 December 2018.