Diamond, part of the Admiral Group, is a car insurance specialist which launched in June 1997. Its head offices are in Capital Tower, Cardiff, Wales. It also has offices in Swansea and Newport and Halifax, Nova Scotia. It shares these with its sister companies Admiral Insurance, elephant.co.uk and Bell Insurance.
Diamond was launched specifically for women motorists, who traditionally have less serious accidents than men and less expensive claims.
The Admiral Group floated on the London Stock Exchange in September 2004, it is currently the only FTSE100 listed company headquartered in Wales. It employs more than 5,000 people and has more than 3 million customers. The company’s turnover was £2.19 billion in 2011.
Henry Engelhardt is CEO of the Admiral Group and Sian Lewis is currently Managing Director of Diamond.
Famous quotes containing the words diamond and/or insurance:
“A poet who makes use of a worse word instead of a better, because the former fits the rhyme or the measure, though it weakens the sense, is like a jeweller, who cuts a diamond into a brilliant, and diminishes the weight to make it shine more.”
—Horace Walpole (1717–1797)
“Women hock their jewels and their husbands’ insurance policies to acquire an unaccustomed shade in hair or crêpe de chine. Why then is it that when anyone commits anything novel in the arts he should be always greeted by this same peevish howl of pain and surprise? One is led to suspect that the interest people show in these much talked of commodities, painting, music, and writing, cannot be very deep or very genuine when they so wince under an unexpected impact.”
—John Dos Passos (1896–1970)