Bennetts is a specialist

insurance broker An insurance broker is an intermediary who sells, solicits, or negotiates insurance on behalf of a client for compensation. An insurance broker is distinct from an insurance agent in that a broker typically acts on behalf of a client by negotia ...

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 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. ...

. 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 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 The British Superbike Championship (BSB), currently known for sponsorship reasons as the Bennetts British Superbike Championship, is the leading road racing superbike championship in the United Kingdom, and was once widely acknowledged as the p ...

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 th ...

race. The company is also a personal sponsor of

Isle of Man TT The Isle of Man TT or Tourist Trophy races are an annual motorcycle racing event run on the Isle of Man in May/June of most years since its inaugural race in 1907. The event is often called one of the most dangerous racing events in the world ...

racer John McGuinness. Previously Bennetts has been title sponsor of the Suzuki team in the

, 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 ...

References

{{Reflist

External links

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

History

Administration fees

Sponsorships

See also

References

External links