Bennetts Well, California
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Bennetts is a specialist insurance broker for
motorcycle A motorcycle (motorbike, bike, or trike (if three-wheeled)) is a two or three-wheeled motor vehicle steered by a handlebar. Motorcycle design varies greatly to suit a range of different purposes: long-distance travel, commuting, cruising ...
s headquartered in
Peterborough Peterborough () is a cathedral city in Cambridgeshire, east of England. It is the largest part of the City of Peterborough unitary authority district (which covers a larger area than Peterborough itself). It was part of Northamptonshire until ...
, with a contact centre in Coventry, England, owned by Saga plc. On 17 February 2020 it was announced that The Ardonagh Group had agreed to purchase Bennetts from Saga for £26 million.


History

Bennetts was founded by Frederick J Bennett in 1930 in Coventry and initially provided general insurance services for customers in the
West Midlands West or Occident is one of the four cardinal directions or points of the compass. It is the opposite direction from east and is the direction in which the Sun sets on the Earth. Etymology The word "west" is a Germanic word passed into some ...
. By the early 1980s it focussed solely on providing insurance to motorcyclists. But in the autumn of 2022, the company began offering car insurance, too. In 2000, Bennetts launched a quote and buy on-line facility. It was acquired by the
BGL Group BGL Group (formerly Budget Group Limited) is a financial services company based in Orton Southgate, Peterborough, England. Its main lines of business are vehicle and home insurance, with a range of supplementary products such as breakdown co ...
in 2001. In 2011 the company launched commercial portal dedicated to motorcycling, followed in 2012 by a social networking group, Bike Social. On 28 January 2015, it was announced that
Saga Group Saga is a British company focused on serving the needs of those aged 50 and over. It has 2.7 million customers. The company operates sites on the Kent and Sussex coast: Enbrook Park and Priory Square. It is listed on the London Stock Exchange. ...
was to purchase Bennetts from BGL Group for a reported £26.26m, completed on 1 July 2015. On 1 December 2019, Bennetts stopped trading through Saga Services Limited, changing to Bennetts Motorcycling Services Limited, remaining part of the Saga group of companies.


Administration fees

Bennetts is a broker. As a broker fees act as a way to maintain business, without this the company could not function. A full explanation of their fees can be found in the policy documents on the website www.Bennetts.co.uk


Sponsorships

Bennetts is very active in sponsorship of motorcycle championships, race teams, events and individual racers, being the title sponsor of the British Superbike Championship for the 2018-2020 seasons, and previously between 2005 and 2008. Bennetts is also the official insurance partner to the Isle of Man TT Races, along with being title sponsor of the Isle of Man Classic TT races, and the headline sponsor of the Isle of Man
Lightweight TT The Lightweight TT is a motorcycle road race that is a part of the Isle of Man TT festival - an annual motorcycle event traditionally held over the last week of May and first week of June. History The Lightweight class was first present at the ...
race. The company is also a personal sponsor of Isle of Man TT racer John McGuinness. Previously Bennetts has been title sponsor of the Suzuki team in the British Superbike Championship, a personal sponsor of rider
Scott Redding Scott Christopher Redding (born 4 January 1993) is a British motorcycle racer. For 2022 he is contracted to ride in Superbike World Championship with BMW Motorrad WorldSBK team after the 2020 and 2021 seasons with Ducati factory WSBK team ridi ...
, and young rider
Rory Skinner Rory Skinner (born 27 September 2001) is a championship winning British motorcycle racer from Perth, Scotland, who also works as a motorcycle mechanic.
. Bennetts Travel is backing long-distance motorcyclist and author
Nick Sanders Nicholas Mark Sanders (born 1958) is a British bicyclist, motorcyclist and author noted for his long-distance riding and has ridden around the world seven times. In 1992 he rode around the world on a Royal Enfield Bullet motorcycle. On 9 June ...
.


See also

*
Comparethemarket.com Comparethemarket is a UK price comparison website, founded in 2006, that is part of the BGL Group. The website also offers other on-line companies the ability to provide their customers with a co-branded or white labelled comparison service. ...
* Saga plc


References

{{Reflist


External links


The Bennetts Website
Insurance companies of the United Kingdom Financial services companies established in 1930 1930 establishments in England