Martin Long (businessman) explained

Martin Long (born 26 August 1950) is a businessman and founder of Churchill Insurance.

Career

Long began his career working in a number of insurance companies. He went on to become managing director of Halifax Insurance.[1]

Together with Peter Wood, he founded Direct Line in 1985, the first telephone-only insurance company in the UK.[2] Four years later, Long broke away to form Churchill, a company he would manage himself until its purchase by the Royal Bank of Scotland in 2003,[3] a deal that is said to have earned Long £50 million.[2] He retained his job of running Churchill until 2004, when he left to set up his own property company.[2]

Long was also one of the owners of Crystal Palace Football Club, holding 25% of the club's shares.[4] After American investors Josh Harris and David Blitzer made a deal with Crystal Palace F.C., Long now holds 2.5% with the Americans and Steve Parish being the majority share holders.

Notes and References

  1. Web site: Luxury Homes Surrey, Property Developers Surrey, Luxury Property Kent, Churchill Properties. www.churchill-properties.com. 30 July 2017. https://web.archive.org/web/20180108081819/http://www.churchill-properties.com/thefounder.php. 8 January 2018. dead.
  2. http://business.timesonline.co.uk/tol/business/article7128209.ece "Business big shot: Martin Long, of Churchill Properties"
  3. https://www.independent.co.uk/news/business/news/royal-bank-of-scotland-buys-churchill-insurance-745315.html "Royal Bank of Scotland buys Churchill insurance"
  4. http://www.thisiscroydontoday.co.uk/news/Long-live-Crystal-Palace/article-2498739-detail/article.html "Long live Crystal Palace"