Henry Engelhardt
Media playback is unsupported on your device

Admiral insurance firm marks 20 years in Wales

2 January 2013 Last updated at 19:13 GMT

Admiral insurance is marking its 20th anniversary since moving to Wales on the back of a £1m grant from the now-defunct Welsh Development Agency.

When it arrived in Cardiff, the firm did not have any customers and only 57 staff.

Now it is one of the country's largest companies, the second biggest car insurer in Britain and employs more than 4.500 people.

Chief executive Henry Engelhardt spoke to BBC Wales business correspondent Nick Servini.