Henry Engelhardt

Last updated

Henry Engelhardt
Born
Henry Allan Engelhardt

(1958-01-17) January 17, 1958 (age 66)
Chicago, Illinois, U.S.
Alma mater University of Michigan
INSEAD
OccupationBusinessman
Years active1979–present
TitleChief executive, Admiral Group plc
Term2004–2016
SuccessorDavid Stevens, CBE
SpouseDiane Brière de l'Isle
Children4

Henry Allan Engelhardt (born January 17, 1958) is an American businessman, and the founder and former chief executive of Admiral Group, a Welsh motor insurance company. He was credited as driving the company in to a position where it became one of Britain's most valuable companies and stepped down as chief executive in 2016 to make way for a younger management team to take the group forward. [1]

Contents

Early life

Engelhardt was born to a Jewish family on January 17, 1958, in Chicago, [2] the son of Annette (née Bernstein) and Sheldon Arthur Engelhardt. [3] His father owned a successful meatpacking operation in Chicago. [3] He has a sister and a brother, Karen Engelhardt Stern and Joel Engelhardt. [3] He attended Evanston Township High School, [2] and was educated at the University of Michigan, and has a joint degree in journalism and radio, television and film. [4] He followed his French girlfriend (now wife) to Europe where he studied for an MBA at Insead. [4]

Career

Engelhardt became part of the founding team at Churchill Insurance, where he developed his way of doing business. [5]

In 1993, he launched Admiral Group. [6] In 1999, he led a management buy out of the business [6] which has since become a constituent of the FTSE 100 Index. [7]

In September 2012, the Engelhardt family owned more than 14% of Admiral Group. [8]

In March 2017, he became CEO of Elephant Insurance Services, a US subsidiary of Admiral Group. [9]

In 2021 Engelhardt was made an independent non-executive director of the Welsh Rugby Union. [10]

Personal life

Engelhardt is married to Diane Briere de L'isle; they have four children. [3] The family lives in Cardiff, Wales. [11]

Related Research Articles

<span class="mw-page-title-main">INSEAD</span> International business school

INSEAD, a contraction of "Institut Européen d'Administration des Affaires", is a non-profit graduate business school that maintains campuses in France, Singapore, and the United Arab Emirates. INSEAD is associated with Sorbonne University and in a strategic alliance with The Wharton School. The school is known for its emphasis on internationality, advocacy for globalization and sustainability, strong culture of entrepreneurship and successful alumni in corporate and politics.

<span class="mw-page-title-main">American International Group</span> American multinational finance and insurance corporation

American International Group, Inc. (AIG) is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. As of 2023, AIG employed 25,200 people. The company operates through three core businesses: general insurance, life & retirement, and a standalone technology-enabled subsidiary. General Insurance includes Commercial, Personal Insurance, U.S. and International field operations. Life & Retirement includes Group Retirement, Individual Retirement, Life, and Institutional Markets. AIG is the title sponsor of the AIG Women's Open golf tournament. In 2023, for the sixth consecutive year, DiversityInc named AIG among the Top 50 Companies for Diversity list.

<span class="mw-page-title-main">Aviva</span> British insurance company

Aviva plc is a British multinational insurance company headquartered in London, England. It has about 19 million customers across its core markets of the United Kingdom, Ireland and Canada. In the United Kingdom, Aviva is the largest general insurer and a leading life and pensions provider. Aviva is also the second largest general insurer in Canada.

<span class="mw-page-title-main">Lincoln National Corporation</span> American insurance and investment management company

Lincoln National Corporation is a Fortune 200 American holding company, which operates multiple insurance and investment management businesses through subsidiary companies. Lincoln Financial Group is the marketing name for LNC and its subsidiary companies.

<span class="mw-page-title-main">Manulife</span> Canadian multinational insurance company and financial services provider

Manulife Financial Corporation is a Canadian multinational insurance company and financial services provider headquartered in Toronto, Ontario. The company operates in Canada and Asia as "Manulife" and in the United States primarily through its John Hancock Financial division. As of December 2021, the company employed approximately 38,000 people and had 119,000 agents under contract, and has CA$1.4 trillion in assets under management and administration. Manulife at one point serviced over 26 million customers worldwide.

<span class="mw-page-title-main">St. Andrew's College, Grahamstown</span> College in South Africa

St. Andrew's College is an Anglican high school for boys located in Makhanda (Grahamstown), Eastern Cape province of South Africa. It was founded in 1855 by the Right Reverend John Armstrong, the first Bishop of Grahamstown. It is a semi-boarding school, with a number of day boys. St. Andrew's College caters to 480 pupils from around the globe. The school is also a member of the G30 Schools group and closely associated with its brother school, St. Andrew's Preparatory School, and its sister school the Diocesan School for Girls.

<span class="mw-page-title-main">Admiral Group</span> Motor insurance company

Admiral Group plc is a British financial services company headquartered in Cardiff, Wales. Listed on the London Stock Exchange, it is a constituent of the FTSE 100 Index, and markets the Admiral, Bell, Elephant, Diamond and Veygo insurance brands, as well as launching the price comparison services Confused.com and Compare.com. The group employs more than 10,000 people across its brands.

<span class="mw-page-title-main">Tidjane Thiam</span> Ivorian businessman

Tidjane Thiam is an Ivorian and French businessman, and the executive chairman of Freedom Acquisition Corp. He was the chief executive officer (CEO) of Swiss bank Credit Suisse from March 2015 to February 2020. He was the chief financial officer of British banking group Prudential from 2007 to 2009, and then its CEO until 2015. In 2019, Thiam became a member of the International Olympic Committee (IOC).

Telecom Plus plc is a British multi-utility supplier of gas, electricity, home insurance, and landline, broadband and mobile services to residences and businesses. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Confused.com is a UK based financial services comparison platform launched in 2001 and specialising in comparison of insurance and financial services, including car insurance, home insurance, energy, van insurance and life insurance. Confused.com's platform includes a website and app.

Liverpool Victoria, trading since May 2007 as LV=, is one of the United Kingdom's largest insurance companies. It offers a range of insurance and retirement products.

<span class="mw-page-title-main">Pat Ryan (executive)</span> American businessman

Patrick G. Ryan is an American billionaire insurance businessman. He is the founder and retired chairman and CEO of Aon Corporation. In 2010, he founded Ryan Specialty Group (RSG) as a holding company aimed at providing specialty services to insurance brokers, agents and carriers. RSG's first subsidiary, ThinkRisk, began business in December 2009 to provide underwriting and claims management services for media, technology, advertising and network security.

Ganhuyag Chuluun Hutagt is a Mongolian businessman, public figure, and former Vice Minister of Finance of Mongolia. According to Richtopia, Ganhuyag was placed 260 from the top 500 CEOs in the world at 2015.

<span class="mw-page-title-main">Banca Sella Group</span> Italian private credit institution

Banca Sella Holding S.p.A. is an Italian holding company for the Banca Sella Group. The main company of the group was Banca Sella S.p.A., an Italian bank based in Biella, Piedmont.

<span class="mw-page-title-main">Sorbonne University Association</span> Association of academic institutions in Paris, France

Sorbonne University Association is a group of 10 academic institutions associated with the Sorbonne University. After the fusion between Paris-Sorbonne University and Pierre and Marie Curie University under the name Sorbonne University in 2018, the university system Sorbonne Universités changed its name to Association Sorbonne Université.

<span class="mw-page-title-main">Sebastian James</span> British businessman

Sebastian Richard Edward Cuthbert James is a British businessman, who was formerly CEO of Dixons Carphone, and is the current CEO of Boots UK.

David Graham Stevens is a British businessman, and was CEO of Admiral Group from 2016-2020.

<span class="mw-page-title-main">Amanda Blanc</span> British businesswoman (born 1967)

Dame Amanda Jayne Blanc is a Welsh businesswoman who has been the group chief executive officer of Aviva since July 2020. Aviva has 19.2 million customers across the UK, Ireland and Canada, £376 billion of group assets under management and 23,000 people.

References

  1. ↑ Meechan, Brian (13 May 2015). "Profile: Admiral's Henry Engelhardt to step down in 2016". BBC News. Retrieved 4 August 2017.
  2. 1 2 Treanor, Jill (4 June 2023). "Admiral Insurance tycoon Henry Engelhardt profile: I'll give away half of my wealth" . The Sunday Times. Archived from the original on 4 June 2023.
  3. 1 2 3 4 "Obituary: Sheldon Arthur Engelhardt". The Palm Beach Post. 15 April 2018.
  4. 1 2 "I will have what Engelhardt is having". Real IR. 30 August 2007. Archived from the original on 27 June 2010. Retrieved 25 September 2009.
  5. ↑ "Fun and Games for Henry Engelhardt – Pg2". The Times. London. 8 March 2009. Archived from the original on 12 June 2011. Retrieved 10 March 2009.
  6. 1 2 "Admiral Group: Management". Archived from the original on 8 August 2008. Retrieved 25 May 2009.
  7. ↑ "Admiral Group: History". Archived from the original on 8 August 2008. Retrieved 25 May 2009.
  8. ↑ "Directors' Deals: Family boosts stake in Admiral by £2m". The Sunday Times. 9 September 2012. Archived from the original on 6 October 2014. Retrieved 14 November 2012.
  9. ↑ Retired Admiral founder and ex-CEO resurfaces at US subsidiary Insurance Business Magazine, Retrieved 27 August 2018
  10. ↑ Welsh rugby: WRU board member calls sexism probe sensationalist BBC News, Retrieved 13 June 2023
  11. ↑ Biography: Henry Engelhardt Archived 2012-11-10 at the Wayback Machine Insead


This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.