FBD Holdings plc (LON:FBH)
Financial
FBD Holdings plc is an Irish insurance agency. It is listed on the Irish Stock Exchange and the London Stock Exchange. It is one of Ireland's most prominent property and loss safety net providers caring for the protection needs of ranchers, private people, and entrepreneurs through its essential auxiliary, FBD Insurance plc. The company is a holding organisation headquartered in Ireland. The organization is settled in Bluebell in Dublin, and it has 34 branch workplaces all through the Republic of Ireland. The organization was set up in 1969 as Farmer Business Developments, offering ranch and agri-area insurance. During the 1970s, the gathering extended to incorporate a life coverage intermediary, a corporate insurance dealer, and consultancies. In 1988, the different entities were gathered under the umbrella of a holding organization, which was coasted on the Irish Stock Exchange.
The Company's essential exercises are guaranteeing of general insurance business and monetary administrations. The company's portions incorporate endorsing and financial administrations. It's a property and loss safety net provider considering ranchers, private people, and entrepreneurs. The Company's monetary administration tasks incorporate premium portion administrations and life, annuity, and investment broking.
The company offers vehicle protection, home protection, business protection, and homestead protection. It provides business insurance to shops, bars, producers, eatery, cafe, takeaway, business vehicle protection, and motor fleet. The Company offers farm insurance to cultivate farmhouses, sheds and stock, individual accidental cover, domesticated animals cover, work vehicle, and other farm hardware.
FBD aims to generate value through its customer-centric focus, broad distribution channels, and expertise in three segments: Farm, SME, and consumer. The Company focuses on becoming the top Irish insurer by delivering a high-class customer experience. The company looks forward to supporting people and family businesses similar to how they have extended support to Irish farmers. FBD has a combined 900 employees who have the required expertise and skill to align with the company's vision. The Company adopts a conservative investment approach when it comes to the management of assets. The group has also incorporated an Enterprise Risk Management framework wherein various risks are identified, assessed, and managed according to the business needs.
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