Direct Line Group
Market moves: Spring has sprung
Spring is here and brokers continue to see fewer people moves than insurers.
#Insagepeople: 24 - 30 April 2017
Keep up to date with all the latest people moves.
DLG takes Ogden profit hit
Broker business NIG "stabilising” and direct commercial grows GWP but adjusted discount rate takes a chunk from group profits.
Insurers line up to back government’s whiplash proposals
New consultation to run until 6 January 2017.
GWP grows for Direct Line
The insurer reports strong growth in motor but says operating profits are down following lower investment income.
More driverless car accident data needed, says DLG
Both the insurer and manufacturer must play a role in determining who was at fault when an accident happens.
Flood Re publishes list of insurers
Aviva, Hiscox, Legal & General, LV and More Than among firms which will offer policies backed by the scheme.
Direct Line’s commercial COR reaches 104.5%
Home and motor CORs come in below 100%.
Direct Line has most FOS complaints for general insurance
Ageas and Aviva come in second and third for the second half of 2015.
DLG posts 1.3% rise in GWP to £2.39bn
Motor GGWP rose to £1.07bn for first nine months of 2015 - but fell to £653.6m for household.
Direct Line tops FOS complaints table for general insurance
Axa and Ageas complete top three at Financial Ombudsman Service.
Policies fall for Direct Line
But profits increase as brand commits to UK general insurance.
Gang found guilty of conspiracy to defraud
The six men tried to defraud the UK insurance industry of £5.6m.
FCA appoints Jonathan Davidson as new director of supervision
Davidson is a member of JLT's strategic advisory group and former COO at Direct Line.
Video: Jaime Swindle
Jaime Swindle, director of etrade at NIG goes under the spotlight for her profile in focus interview.
Martin Hall joins Gallagher as chief underwriting officer
Hall was previously underwriting director at NIG.
DLG reports 2.6% rise in GWP for commercial division
But the motor division has seen a reduction in operating profit and the number of policies in force.
Direct Line commercial GWP falls
Gross written premiums drop despite growth in number of in-force policies over third quarter of 2014.
NIG appoints Clarke as underwriting and pricing director
Justin Clarke moves across from DLG to NIG.
DLG set for FTSE 100
Provider may be promoted early next month.
Direct Line sees GWP fall while profit grows
Provider said premium reduction reflected "disciplined underwriting".
Dual goes to the Co-op for chief financial officer
Underwriting agency CEO says new recruit puts business in strong position.
NIG consulting over UK job losses
Commercial provider is considering proposals to move operations to India.
Bollington appoints trio of new board members
Broker's finance director Simpson leaving after seven years.