Sabre Insurance
| Company type | Public |
|---|---|
| LSE: SBRE | |
| Industry | Insurance |
| Founded | 1982 |
| Headquarters | Dorking, Surrey |
Key people | Rebecca Shelley, (Chair) Geoff Carter (CEO) |
| Revenue | £248.1million (2024)[1] |
| £48.6 million (2024)[1] | |
| £36.0million (2024)[1] | |
| Website | www |
Sabre Insurance is an insurer specialising in the car, van and motorbike insurance market. It is listed on the London Stock Exchange.
History
Sabre Insurance was originally established as an underwriting agency for Crusader Insurance and Royal Insurance in 1982.[2]
It was acquired by General Accident in 1996 and became part of CGU in 1998 and of Aviva in 2000, through a series of insurance sector mergers, before being the subject of a management buyout led by Keith Morris and Angus Ball, supported by BDML Group, in 2002.[3]
In September 2013, private equity firm BC Partners acquired a controlling interest in the business, enabling further growth.[4]
The company launched an initial public offering on the London Stock Exchange in December 2017.[5][6]
BC Partners sold its investment in the company in September 2018.[7]
In July 2024, Sabre launched its "Ambition 2030" strategy, which identified opportunities for additional growth.[8]
Activities
The company specialises in the unpopular parts of the car insurance market using brands which include Go Girl, Insure2Drive and offers motorbike insurance through Sabre Direct.[5]
References
- ^ a b c "Annual Results 2024". Sabre Insurance. Retrieved 18 March 2025.
- ^ "Sabre Insurance". Q4 Insure. Retrieved 22 January 2019.
- ^ "These are the UK's richest people in insurance". Insurance Business Magazine. 20 November 2020. Retrieved 11 June 2023.
- ^ "Sabre bought by private equity firm". Insurance Times. 9 September 2013. Retrieved 8 July 2025.
- ^ a b "Sabre launches IPO after talks to sell group come to nothing". FT. 13 November 2017. Retrieved 31 December 2018.
- ^ "Sabre Insurance Prices IPO For GBP575 Million Market Capitalisation". Morning Star. 6 December 2017. Archived from the original on 11 April 2019. Retrieved 31 December 2018.
- ^ "Private equity firm BC partners exits Sabre Insurance with £116m share sale". City AM. 5 September 2018. Retrieved 8 July 2025.
- ^ "'Ambition 2030' plan" (PDF). Sabre. Retrieved 4 July 2025.