Sabre Insurance is an insurer specialising in the car insurance market. It is listed on the London Stock Exchange.
Company type | Public |
---|---|
LSE: SBRE | |
Industry | Insurance |
Founded | 1982 |
Headquarters | Dorking, Surrey |
Key people | Andy Pomfret, (Non-Executive Chairman) Geoff Carter (CEO) |
Revenue | £188.3 million (2023)[1] |
£23.6 million (2023)[1] | |
£18.1 million (2023)[1] | |
Website | www |
History
editThe company was founded by Angus Ball and Keith Morris in 1982.[2][3] 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.[4] 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
editThe company specialises in the unpopular parts of the car insurance market using brands which include Go Girl, Insure2Drive and Drive Smart.[2][5]
References
edit- ^ a b c "Annual Results 2023" (PDF). Sabre Insurance. Retrieved 19 March 2024.
- ^ a b c "Sabre launches IPO after talks to sell group come to nothing". FT. 13 November 2017. Retrieved 31 December 2018.
- ^ "These are the UK's richest people in insurance". Insurance Business Magazine. 20 November 2020. Retrieved 11 June 2023.
- ^ "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.