Admiral sells US auto insurance business Elephant to JC Flowers
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Admiral sells US auto insurance business Elephant to JC Flowers

The sale price represents Elephant’s approximate net asset value.

By Jairo Ibarra
April 22, 2025
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UK personal lines insurer Admiral Group has agreed to sell its US auto insurance business – including its Richmond, Virginia-based motor subsidiary Elephant Insurance – to financial services-focused investment firm JC Flowers.

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Topics

News M&A Personal auto Personal lines InsurTech Private equity Insurers North America
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