Henry Engelhardt Explained

Henry Engelhardt
Birth Name:	Henry Allan Engelhardt
Birth Date:	January 17, 1958
Birth Place:	Chicago, Illinois, U.S.
Alma Mater:	University of Michigan INSEAD
Occupation:	Businessman
Years Active:	1979–present
Chief executive, Admiral Group plc
Term:	2004–2016
Successor:	David Stevens, CBE
Spouse:	Diane Brière de l'Isle
Children:	4

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]

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. He has a sister and a brother, Karen Engelhardt Stern and Joel Engelhardt. He attended Evanston Township High School, 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. The family lives in Cardiff, Wales.^[11]

Notes and References

1. News: Profile: Admiral's Henry Engelhardt to step down in 2016. Meechan. Brian. 2015-05-13. BBC News. 2017-08-04. en-GB.
2. Web site: Treanor . Jill . 4 June 2023 . Admiral Insurance tycoon Henry Engelhardt profile: I'll give away half of my wealth . The Sunday Times . subscription . https://archive.today/20230604075325/https://www.thetimes.co.uk/article/admiral-insurance-tycoon-henry-engelhardt-profile-ill-give-away-half-of-my-wealth-h0bmrf8pf . 4 June 2023 . live.
3. Web site: Obituary: Sheldon Arthur Engelhardt . The Palm Beach Post. April 15, 2018 .
4. Web site: I will have what Engelhardt is having . https://web.archive.org/web/20100627142121/http://www.realir.net/search_tags/4776196/ill-have-what-henry-engelhardt-is-having.thtml . dead . 27 June 2010 . Real IR . 30 August 2007 . 25 September 2009 .
5. Web site: Fun and Games for Henry Engelhardt – Pg2. The Times. 8 March 2009. 10 March 2009 . London.
6. Web site: Admiral Group: Management . 2009-05-25 . https://web.archive.org/web/20080808135545/http://www.admiralgroup.co.uk/corporate/management.php . 2008-08-08 . dead .
7. Web site: Admiral Group: History . 2009-05-25 . https://web.archive.org/web/20080808134940/http://www.admiralgroup.co.uk/corporate/company_history.php . 2008-08-08 . dead .
8. Web site: Directors' Deals: Family boosts stake in Admiral by £2m. https://web.archive.org/web/20141006153510/http://www.thesundaytimes.co.uk/sto/business/money/investments/article1121049.ece. dead. October 6, 2014. The Sunday Times. 9 September 2012. 14 November 2012.
9. https://www.insurancebusinessmag.com/uk/news/breaking-news/retired-admiral-founder-and-exceo-resurfaces-at-us-subsidiary-62346.aspx Retired Admiral founder and ex-CEO resurfaces at US subsidiary
10. https://www.bbc.co.uk/news/av/uk-wales-65862442 Welsh rugby: WRU board member calls sexism probe sensationalist
11. http://50.insead.edu/alumni/henry-engelhardt Biography: Henry Engelhardt