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BGL Group is a large player in the consumer insurance industry, specialising in motor and home insurance. It is the business behind brands such as BUDGET, ibuyeco, and Bennetts bike insurance. It also has affinity partnerships with the Post Office, M&S Money and Auto Trader. Established in 1992 as an insurer, the Peterborough group changed strategy in 1997 to become an intermediary—a move that despite some risk has since delivered good profits. Sales were £212m in 2007.

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Company details
CompanyBGL Group
ActivityInsurance intermediary
Sales £m212.0
Operating profit £m36.5
Main shareholdersFamily trusts (92.5%), management (7.5%)

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda