Table of Contents
Admiral specializes in car insurance. It owns the UK's first price comparison website and led the UK market in introducing multi-car insurance.
- Learn about Admiral's organizational structure and its core business segments.
- Gain insight into the strengths, weaknesses, opportunities, and threats it faces going forward.
- Understand the group's strategy.
Reasons To Buy
- How did Admiral's international businesses perform in 2013?
- What are Admiral's major UK brands, and who do they target?
- What opportunities and challenges does the company face going forward?
In 2013 Confused.com saw its revenues increase by 6%. Its profit before tax rose 19.2% year-on-year, despite the increasingly competitive nature of the UK comparison market.
As a whole, Admiral's international operations continue to struggle. Its operations in France, Italy, and Spain recorded a combined loss of £11.7m in 2013.
Although still heavily focused on motor insurance, Admiral has begun to diversify its portfolio and has been operating its own underwritten household insurance product in the UK since December 2012.
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