Domestic & General
 | |
| Domestic & General Group Limited | |
| Company type | Public limited company |
| Industry | Insurance |
| Founded | 1912 |
| Founder | S. W. Copley |
| Headquarters | , |
Area served | UK, US and Europe |
Key people | Matthew Crummack |
Number of employees | 3,000 (2024) |
| Website | www |
| Footnotes / references https://investors.domesticandgeneral.com/media/f5uddlb1/fy24-domestic-general-press-announcement.pdf [2] | |
Domestic & General (D&G) is a British insurance and appliance care provider,[3] headquartered in Wimbledon, London and operates in the UK, United States, and Europe. It works with appliance manufacturers providing protection and repairs for household appliances.
History
[edit]Domestic & General was founded by S. W. Copley, who was born in Huddersfield, England in 1859.[4] He was involved in property development, cattle-raising and public transport. He was unable to find insurance for his cattle during transit on his return to Great Britain in 1912, so formed the Western Australian Insurance Company (WAICO) in July of that year.[5]
The company originally covered "all classes of risks", particularly fire, accident, livestock and marine insurance.[6]
In November 2007, D&G became privately owned when it was bought by Advent International.[7]
In December 2013, the business was bought by CVC Capital Partners, a private equity and investment advisory firm.[8] Abu Dhabi Investment Authority (ADIA) invested in the firm in 2019.[9] From July 2016, Ian Mason held the position of CEO. Matthew Crummack joined the business as CEO in October 2021.[10]
Since 2021, Domestic & General has launched in the US acquiring After, Inc[11] and Nana technologies[12] in the process.
Offices and Operations
[edit]Following the COVID-19 Pandemic, D&G moved to a flexible working model.[13]
Domestic & General was the Official Warranty Provider to the Birmingham 2022 Commonwealth Games.[14]
In 2023, Domestic & General opened a new office in Nottingham bringing £50 million of direct investment into the city.[15] This was followed the next year by a new Brighton office for its 300 employees in the area[16]
For the 2024 Paris Olympics, Domestic & General sponsored Desirèe Henry[17] who won a silver medal in the 4x100 metres relay squad.[18]
References
[edit]- ^ "Domestic & General". www.domesticandgeneral.com. Retrieved 2024-09-20.
- ^ "Domestic & General Insurance PLC people - Find and update company information".
- ^ "About us". Domestic & General. Retrieved 2024-09-03.
- ^ "Samuel William Copley (1859–1937)". 2024-09-03.[permanent dead link]
- ^ "Domestic & General". www.domesticandgeneral.com.au. Retrieved 2024-09-20.
- ^ "The Western Australian Insurance Co. Ltd". Daily Telegraph. 1916-10-13. Retrieved 2024-09-03 – via Trove.
- ^ "Advent International agrees to sell Domestic & General Group to CVC Capital Partners". Advent International. Retrieved 2024-09-03.
- ^ Ramsey, Andrea (2013-08-13). "Advent International agrees to sell Domestic & General Group to CVC Capital Partners". Advent International. Retrieved 2024-09-02.
- ^ Cundy, Antonia (10 July 2019). "Abu Dhabi Investment Authority buys 30% stake in D&G". Financial Times. Retrieved 2024-09-03.
- ^ "Domestic & General brings in big name after death of CEO". www.insurancebusinessmag.com. Retrieved 2024-09-02.
- ^ "Domestic & General boosts US expansion with acquisition". www.insurancebusinessmag.com. Retrieved 2024-09-02.
- ^ Robinson, Jon (2024-01-29). "Domestic & General makes its second US acquisition". CityAM. Retrieved 2024-09-02.
- ^ Armitage, Jim (2024-09-01). "Britain's most relaxed boss? The firm that lets staff work how they want". www.thetimes.com. Retrieved 2024-09-02.
- ^ "About Domestic & General". Commonwealth Games - Birmingham 2022. Retrieved 2024-09-02.
- ^ Whittaker, Anna (2021-03-08). "Company to open new hub after student flats plan confirmed". Nottinghamshire Live. Retrieved 2024-09-02.
- ^ "First look at new offices as city employer unveils new working space". The Argus. 2024-02-02. Retrieved 2024-09-20.
- ^ "Going for Gold: Desirèe Henry talks training, the importance of sponsorship and her inspirations". www.stylist.co.uk. Retrieved 2024-09-20.
- ^ "Desiree Henry | Team GB". www.teamgb.com. Retrieved 2024-09-20.
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