Saga plc - Company Profile
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Saga plc (Saga) is a company that focuses on providing services tailored to the needs of its unique customer group. The company's main activities include offering luxury cruises, holidays, and insurance products. Its major products and services encompass ocean and river cruises, hosted holidays, escorted tours, motor and home insurance, travel insurance, and private medical insurance. Saga's products and services are designed for older adults, catering to their travel and insurance needs. The company collaborates with partners such as Ageas, Collinson, and Bupa to deliver its insurance offerings. Saga operates primarily in the UK market, targeting customers seeking specialized travel and insurance solutions. Saga is headquartered in Kent, the UK.
Saga plc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Mortgages | Cruises Line Services |
| Motor Insurance | Escorted Tours |
| Health Insurance | Package Holidays |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In January, Saga Money launched a seven-year partnership with NatWest Boxed and introduced the Saga Easy Access Savings Account provided by NatWest Boxed. |
| 2026 | Stake Sale | In January, the company sold a 0.3% stake to Kelso Group Holdings Plc. |
| 2025 | Divestiture | In July, the company sold Acromas Insurance Company Limited to Ageas UK. |
Competitor Comparison
| Key Parameters | Saga plc | Aviva Plc | RSA Insurance Group Ltd | Beazley plc | Direct Line Insurance Group Plc |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom |
| City | London | London | London | London | Bromley |
| State/Province | Kent | England | England | England | England |
| No. of Employees | 2,081 | 39,359 | 5,821 | 2,647 | 8,975 |
| Entity Type | Public | Public | Private | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mike Hazell | Chief Executive Officer - Group; Director | Executive Board | 2023 | 53 |
| Mark Watkins | Director; Group Chief Financial Officer | Executive Board | 2023 | 46 |
| David Palmer | Chief Information Officer | Senior Management | 2023 | - |
| Michael O’Donohue | Chief Data Officer | Senior Management | 2022 | - |
| Roger De Haan | Chairman | Non Executive Board | 2020 | 78 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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