Sabre Insurance is an insurer specialising in the car insurance market. It is listed on the

London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St P ...

History

The company was founded by Angus Ball and Keith Morris in 1982. It was acquired by

General Accident General Accident plc was a large insurance business based in Perth, Scotland. It merged with Commercial Union in 1998 to form CGU plc. History The Norie-Miller years The Employers' liability act of 1880 opened a new area of insurance and one ...

in 1996 and became part of CGU in 1998 and of Aviva in 2000 before being subject of a management buyout in 2002. Its growth has been backed by equity partner

BC Partners BC Partners is a British international investment firm with over $40 billion of assets under management across private equity, credit and real estate in Europe and North America. Its global headquarters are in London. The firm invests across all ...

. The company launched an

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investme ...

on the

in December 2017.

Activities

The company specialises in the unpopular parts of the car insurance market using brands which include Go Girl, Insure2Drive and Drive Smart.

References

External links

*{{Official site, https://www.sabreplc.co.uk/ Financial services companies established in 1982