Bennetts
The topic of this article may not meet Wikipedia's notability guidelines for companies and organizations. (September 2012) |
Type | Private company |
---|---|
Industry | Finance and Insurance |
Founded | 1930 |
Headquarters | Peterborough, United Kingdom |
Key people | Gordon Bennett, founder Vincent Chaney, Managing Director |
Products | Financial services |
Parent | Saga plc |
Website | www |
Bennetts is a specialist insurance broker for motorcycles headquartered in Peterborough, with a contact centre in Coventry, England, owned by Saga plc.[1]
On 17 February 2020 it was announced that The Ardonagh Group had agreed to purchase Bennetts from Saga for £26 million.[2]
History[]
Bennetts was founded by Frederick J Bennett in 1930 in Coventry and initially provided general insurance services for customers in the West Midlands. By the early 1980s it focussed solely on providing insurance to motorcyclists.[3]
In 2000, Bennetts launched a quote and buy on-line facility.[4] It was acquired by the BGL Group in 2001.[5]
In 2011 the company launched commercial portal dedicated to motorcycling,[6] followed in 2012 by a social networking group, Bike Social.[7][8][9]
On 28 January 2015, it was announced that Saga Group was to purchase Bennetts from BGL Group for a reported £26.26m,[10] completed on 1 July 2015.[11] On 1 December 2019, Bennetts stopped trading through Saga Services Limited, changing to Bennetts Motorcycling Services Limited, remaining part of the Saga group of companies.
Administration fees[]
Bennetts is a broker. As a broker fees act as a way to maintain business, without this the company could not function. A full explanation of their fees can be found in the policy documents on the website www.Bennetts.co.uk
Sponsorships[]
Bennetts is very active in sponsorship of motorcycle championships, race teams, events and individual racers, being the title sponsor of the British Superbike Championship for the 2018-2020 seasons, and previously between 2005 and 2008.
Bennetts is also the official insurance partner to the Isle of Man TT Races,[12] along with being title sponsor of the Isle of Man Classic TT races,[13] and the headline sponsor of the Isle of Man Lightweight TT race. The company is also a personal sponsor of Isle of Man TT racer John McGuinness.
Previously Bennetts has been title sponsor of the Suzuki team in the British Superbike Championship,[14] a personal sponsor of rider Scott Redding,[15] and young rider Rory Skinner.[16]
Bennetts Travel is backing long-distance motorcyclist and author Nick Sanders.[citation needed]
See also[]
References[]
- ^ "Archived copy". Archived from the original on 2015-10-06. Retrieved 2015-10-15.CS1 maint: archived copy as title (link)
- ^ "Ardonagh snaps up motorbike broker for £26m". Insurance Times. 17 February 2020. Retrieved 3 March 2020.
- ^ Bennetts. "About Us - Bennetts". Retrieved 19 October 2018.
- ^ Bennetts goes live with online facility Insurance Age (2000)(registration required)
- ^ History of BGL Group Archived November 26, 2012, at the Wayback Machine
- ^ Bennetts launches free bike classifieds Peterborough Today (2012)
- ^ "Marketing Week | marketing news, opinion, trends and jobs".
- ^ "Bennetts launches dedicated social network for bikers". Retrieved 19 October 2018.
- ^ Bennetts. "BikeSocial - Motorcycle News, Reviews and Features - Bennetts". Retrieved 19 October 2018.
- ^ Bachelor, Lisa (28 January 2015). "Saga roars into middle-aged biker market with new acquisition". The Guardian. Retrieved 19 October 2018.
- ^ "Saga buys motorcycle insurance firm". HeraldScotland. Retrieved 19 October 2018.
- ^ link to IOMTT.com article on sponsors
- ^ Article on BENNETTS SPONSOR CLASSIC TT RACES
- ^ desk, BSB. "Bennetts back Halsall Suzuki in BSB for two years". Bikesport News. Retrieved 19 October 2018.
- ^ http://www.scottredding45.com/partners/
- ^ "Sponsors - Rory Skinner Racing". Retrieved 19 October 2018.
External links[]
- Insurance companies of the United Kingdom
- Financial services companies established in 1930
- 1930 establishments in England