Business
Admiral Group plc launches in the USA
Admiral Group plc launches in the USA.
About this update from Admiral Group Plc
[{"type":"text","content":"\n \n\n\n\nAdmiral Group plc is delighted to announce that it has today launched\nits new car insurance operation in the USA.\n\nThe business, based in Richmond Virginia, will trade under the name\nof Elephant and will sell car insurance to US customers direct by\ntelephone and internet. It will initially trade in one state only,\nVirginia, and, in common with our other international operations,\nwill start modestly as we learn more about the US market and how to\ndevelop our model. The Group will provide further update when it\nannounces its results for the year ended 31 December 2009 in March\n2010.\n\nHenry Engelhardt, Chief Executive, commented, \"This is a further\nimportant milestone in our plans to grow our business overseas and I\nam thrilled to be announcing this launch. Congratulations to the team\nin Richmond on all their hard work to reach this key point. Elephant\nnow joins Balumba.es, Admiraldirekt.de and Conte.it as the fourth new\ninternational insurance operation in the Admiral Group.\"\n\nFor further information, please contact:\n\n\nAdmiral 029 2043 4394\nAlistair Hargreaves\nLouisa Scadden\n\n---END OF MESSAGE---\n\n\n\n\nThis announcement was originally distributed by Hugin. The issuer is \nsolely responsible for the content of this announcement.\n\n\n\n\n \n ","length":1283,"tagName":"div"}]