Sabre Insurance

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search
Sabre Insurance
Public
Traded asLSESBRE
IndustryInsurance
Founded1982; 37 years ago (1982)
HeadquartersDorking, Surrey
Key people
Patrick Snowball, (Chairman)
Geoff Carter (CEO)
Revenue£191.8 million (2017)[1]
£63.9 million (2017)[1]
£45.3 million (2017)[1]
Websitewww.sabreplc.co.uk

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[edit]

The company was founded by Angus Ball and Keith Morris in 1982.[2] Its growth has been backed by equity partner BC Partners but, after attempts to sell the company were unsuccessful, it launched an initial public offering on the London Stock Exchange in December 2017.[2]

Activities[edit]

The company specialises in the unpopular parts of the car insurance market using brands which include Go Girl, Insure2Drive and Drive Smart.[2][3]

References[edit]

  1. ^ a b c "Annual Results 2017" (PDF). Sabre Insurance. Retrieved 31 December 2018.
  2. ^ a b c "Sabre launches IPO after talks to sell group come to nothing". FT. 13 November 2017. Retrieved 31 December 2018.
  3. ^ "Sabre Insurance Prices IPO For GBP575 Million Market Capitalisation". Morning Star. 6 December 2017. Retrieved 31 December 2018.

Eternal links[edit]