Henry Allan Engelhardt (born January 17, 1958) is an American businessman, and the founder and former chief executive of
Admiral Group
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 ''Veyg ...
, a Welsh motor insurance company. He was credited as driving the company in to a position where it became one of Britain's most valuable companies and stepped down as chief executive in 2016 to make way for a younger management team to take the group forward.
Early life
Henry Engelhardt was born to a
Jewish
Jews ( he, יְהוּדִים, , ) or Jewish people are an ethnoreligious group and nation originating from the Israelites Israelite origins and kingdom: "The first act in the long drama of Jewish history is the age of the Israelites""The ...
family on January 17, 1958, in
Chicago
(''City in a Garden''); I Will
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, the son of Annette (née Bernstein) and Sheldon Arthur Engelhardt.
His father owned a successful meatpacking operation in Chicago.
He has a sister and a brother, Karen Engelhardt Stern and Joel Engelhardt.
He was educated at the
University of Michigan
, mottoeng = "Arts, Knowledge, Truth"
, former_names = Catholepistemiad, or University of Michigania (1817–1821)
, budget = $10.3 billion (2021)
, endowment = $17 billion (2021)As o ...
, and has a joint degree in journalism and radio, television and film.
He followed his French girlfriend (now wife) to Europe where he studied for an
MBA
A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...
at
Insead
INSEAD, a contraction of "Institut Européen d'Administration des Affaires" () is a non-profit business school that maintains campuses in Europe ( Fontainebleau, France), Asia (Singapore), the Middle East (Abu Dhabi, UAE), and North America (San ...
.
[
]
Career
Engelhardt became part of the founding team at Churchill Insurance
Churchill Insurance is a British insurance company based in Bromley, London. Founded in 1989, as one of the country's first direct to customer car insurance companies, the company has expanded to offer a range of general insurance products. Sin ...
, where he developed his way of doing business.management buy out
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or High-net-worth individual, individual. Management-, and/or leveraged buyout b ...
of the business[ which has since become a constituent of the ]FTSE 100 Index
The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" , is a share index of the 100 companies listed on the London Stock Exchange with (in principle) the highest market ...
.
In September 2012, the Engelhardt family owned more than 14% of Admiral Group.
Personal life
Engelhardt is married to Diane Briere de L'isle; they have four children.Cardiff, Wales
Cardiff (; cy, Caerdydd ) is the capital and largest city of Wales. It forms a principal area, officially known as the City and County of Cardiff ( cy, Dinas a Sir Caerdydd, links=no), and the city is the eleventh-largest in the United Kingd ...
.Biography: Henry Engelhardt
Insead
References
1958 births
Businesspeople from Chicago
University of Michigan alumni
INSEAD alumni
American chief executives
Living people
American billionaires
20th-century American Jews
20th-century American businesspeople
Giving Pledgers
21st-century philanthropists
21st-century American Jews
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