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Sabre Insurance

From Wikipedia, the free encyclopedia
Sabre Insurance
Company typePublic
LSESBRE
IndustryInsurance
Founded1982; 42 years ago (1982)
HeadquartersDorking, Surrey
Key people
Andy Pomfret, (Non-Executive Chairman)
Geoff Carter (CEO)
RevenueIncrease £188.3 million (2023)[1]
Increase £23.6 million (2023)[1]
Increase £18.1 million (2023)[1]
Websitewww.sabreplc.co.uk

Sabre Insurance is an insurer specialising in the car insurance market. It is listed on the London Stock Exchange.

History

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The 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

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The company specialises in the unpopular parts of the car insurance market using brands which include Go Girl, Insure2Drive and Drive Smart.[2][5]

References

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  1. ^ a b c "Annual Results 2023" (PDF). Sabre Insurance. Retrieved 19 March 2024.
  2. ^ a b c "Sabre launches IPO after talks to sell group come to nothing". FT. 13 November 2017. Retrieved 31 December 2018.
  3. ^ "These are the UK's richest people in insurance". Insurance Business Magazine. 20 November 2020. Retrieved 11 June 2023.
  4. ^ "Sabre Insurance". Q4 Insure. Retrieved 22 January 2019.
  5. ^ "Sabre Insurance Prices IPO For GBP575 Million Market Capitalisation". Morning Star. 6 December 2017. Retrieved 31 December 2018.
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