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Admiral Group PLC · Cardiff United Kingdom ·(London: ADM)

Company Description

Capital Tower, Greyfriars Road
Cardiff
CF10 -3AZ
United Kingdom (Map)
Phone: +44-870-243-2431
Fax: +44-870-013-2171
Rankings
  • FTSE 100
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Young drivers in hot hatches make up the favorite fleet of UK car insurer Admiral Group, which targets young people, drivers of performance cars, and city dwellers -- those who typically pay higher-than-average premiums. Admiral Group uses a direct-to-consumer business model, selling policies online under a number of brand names including its largest, Admiral (aimed at youngsters and urbanites); Bell (low-risk drivers); Diamond (young women); and Elephant (online only for bargain hunters). It also operates an online insurance broker called Confused.com (rastreator.com in Spain) and a commercial motor insurance broker called Gladiator. Admiral Group also operates in Germany, Italy, and Spain. To read the full description, subscribe now.
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Key Admiral Group PLC Financials

Company TypePublic - London: ADM

Headquarters
Fiscal Year-EndDecember
Annual Sales (mil.)$422.8
Employees5

Admiral Group PLC Executives

12 executives listed for Admiral Group PLC's Cardiff,  location.
TitleName & BioContact
ChairmanAlastair LyonsNetwork
Chief Executive and Board MemberHenry EngelhardtNetwork
COO and Board MemberDavid StevensNetwork

Competition

Competitive Landscape for Admiral Group PLC
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.
Top Admiral Group PLC Competitors
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