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Admiral Group

Motor insurance company

Field	Value
name	Admiral Group plc
logo	Admiral_Group_Logo.svg
image	File:Tŷ Admiral, Cardiff.JPG
image_caption	Tŷ Admiral, the head office of the Admiral Group
type	Public
traded_as
FTSE 100 Component
foundation
location	Cardiff, Wales, UK
key_people
industry	Insurance
revenue	£4,776.2 million (2024)
operating_income	£865.7 million (2024)
net_income	£662.9 million (2024)
homepage

FTSE 100 Component

Admiral Group plc is a British financial services company headquartered in Cardiff, Wales. Listed on the London Stock Exchange, it is a constituent of the FTSE 100 Index, and markets the Admiral, Bell, Elephant, Diamond and Veygo insurance brands, as well as launching the price comparison services Confused.com and Compare.com.

History

The business started as a division of the Brockbank Group in 1991. On 23 September 2004, Admiral floated on the London Stock Exchange.

In September 2004, the Admiral Group plc announced the pricing of its initial public offering, at an offer price of 275 pence per existing ordinary share. Based on the offer price, the market capitalisation of Admiral at the commencement of dealings on the London Stock Exchange was £711 million.

On 13 May 2015, it was announced that Engelhardt, would step down as CEO, and be replaced in 2016 by David Stevens, the COO.

On 1 January 2021, David Stevens stepped down as CEO to be replaced by Milena Mondini de Focatiis.

In April 2021, Admiral finalised the sale of interests, that included its Cardiff-based price comparison firm Confused.com, to RVU for proceeds of £508m.

References

"Preliminary Results 2024". Admiral Group.
(August 2025). "Our Story".
. (2004-09-23). ["Admiral IPO begins successfully"](http://www.postonline.co.uk/post/news/1263726/admiral-ipo-begins-successfully).
Treanor, Jill. (2015-05-13). "Admiral insurance founder to step down after 25 years".
(2020-12-11). "Admiral Group PLC's new CEO Milena Mondini de Focatiis takes up the reigns".
(2021-04-30). "Admiral concludes £508m sale of interests including its price comparison venture Confused.com".

Info: Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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