Admiral Insurance
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| Wholly owned subsidiary | |
| Industry | Financial services |
| Founded | 1993 |
| Founder | Henry Engelhardt |
| Headquarters | Cardiff, Wales |
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Key people
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David Stevens (CEO) Sue Longthorn (Managing Director) |
| Products | Insurance |
| Parent | Admiral Group |
| Website | www |
Admiral, a trading name of EUI Limited, is a car insurance specialist founded in January 1993. Its head offices are in Tŷ Admiral (English: Admiral House), Cardiff, Wales. It also has offices in Swansea, Newport, Halifax (Canada) and India. Admiral is a subsidiary of the Admiral Group along with its sister companies elephant.co.uk, Diamond Insurance and Bell Insurance.
The Admiral Group floated on the in September 2004, it is currently the only FTSE 100 listed company headquartered in Wales. It employs more than 8,000 people and has more than 4 million customers. The company’s turnover was £2.19 billion in 2011.
Admiral traditionally specialised in providing car insurance for those with higher premiums; younger drivers who lived in urban areas, primarily in London, South East England and Scotland. However, since the advent of price comparison sites, it has insured a far wider cross section of motorists.
In December 2005 it launched Admiral MultiCar, which enabled two or more people in the same household to insure their cars on one policy and get a discount on the overall price. Admiral advertises that this product is only available directly and not through price comparison sites.
In 2010 it was announced that Admiral would sponsor the Wales national rugby union team in a three-year deal replacing Brains Brewery. No financial information was announced on this deal.
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Wikipedia