Admiral Group Celebrates 20 Years on the London Stock Exchange

The Admiral Group, a global financial services provider headquartered in Cardiff, is marking its 20th anniversary of being listed on the London Stock Exchange (LSE). Admiral first floated in September 2004 with a market capitalisation of £711 million. Since then, the company has grown from a UK-focused motor insurer into a multinational business, serving over 10 million customers worldwide.

When Admiral debuted on the LSE, it had just crossed the milestone of 1 million customers and employed 1,500 people, primarily based in South Wales. In just three years, Admiral’s rapid growth saw it join the prestigious FTSE 100 index in December 2007, becoming one of the UK’s most highly capitalised blue-chip companies. Today, it remains the only Welsh company in the FTSE 100.

Admiral has consistently rewarded its employees through its share incentive plan (SIP). Over the past two decades, employees who have remained with the company have seen their efforts rewarded with more than £64,000 in free shares, aligning staff success with the company’s financial achievements.

To mark this significant milestone, Admiral Group hosted a special event at the London Stock Exchange, where they ceremoniously closed the market on 24 September 2024. This gesture not only symbolised Admiral’s achievements but also its commitment to continuing its journey of growth and innovation.

“I’m so proud that we are able to celebrate 20 years as a listed business. This milestone and our continued growth would not have been possible without our colleagues’ hard work and dedication to ensuring that we can be there for our customers when they need us the most. We would like to thank our customers who have trusted us to look after theirs and their families’ future, and all our colleagues and shareholders for their continued support. We look forward to the next 20 years.”

– Milena Mondini de Focatiis, CEO of Admiral Group

As Admiral Group continues to evolve, its focus remains on delivering innovative products and outstanding service to customers in five countries, while maintaining its status as a leader in the UK financial services sector.