Direct Line Group
What the Papers Say – March 2014
Jennifer Thomas, head of financial communications, Direct Line Group, joins the title’s reporter Caitlin Morrison, for the latest edition of What the Papers Say.
FOS reveals record complaints in 2013
PPI accounts for over three-quarters of complaints in second half of year.
Direct Line Group appoints RSA man to lead new division
DLG's current MD, personal lines and Chartered Insurance Institute president,Tom Woolgrove, will leave as part of a restructure.
Direct Line enjoys 70% post-tax profit surge for 2013
Insurer sees 2013 profit jump to £312.8m from the £184.3m recorded for 2012.
Government calls flood summit with insurance leaders
Attendees to discuss practical response for those affected by flooding.
Commercial Express adds five new recruits
Underwriting agency currently in hiring process for another two staff members.
LV turns to Direct Line for personal lines hire
Andy Deakins joins as technical underwriting manager.
RSA FD Cockrem to leave insurance industry
Cockrem has spent eight years at the insurer.
Broker Network adds to BDM, compliance and marketing teams
New staff members will support transformational plans announced last year.
Ex-RSA chief Haste named as frontrunner for TSB lead role
Former insurer boss subject to appointment rumours.
Direct Line Group reports improved profit while GWP dips
Provider posted improved results in first three quarters of 2013.
Quindell and Direct Line Group in £150m deal
Quindell Portfolio has signed an outsourcing services deal with Direct Line Insurance Group.
NIG owner’s commercial COR drops to 105.3%
Direct Line Group, owner of NIG and Direct Line for Business, has reported a combined operating ratio of 105.3% for the first half of 2013, an improvement on the 112.7% in the same period last year.
CII officially unveils Direct Line's Woolgrove as president
The Chartered Insurance (CII) has officially unveiled Tom Woolgrove as president, succeeding Amanda Blanc.
NIG e-trading director Thornton to leave in October
NIG's e-trading director Ben Thornton will leave in October, it has been confirmed.
Direct Line poised to cut 2,000 jobs despite surpassing cost-saving target
Direct Line Group is poised to cut a further 2,000 jobs as part of the next stage of its restructuring bid despite exceeding its cost-saving target.
DLG sees profits rise as UK motor GWP takes a hit
Direct Line Group has reported a combined operating ratio (COR) of 98% for the first quarter of 2013, a 6.5% improvement on the COR posted in Q1 2012.
Swinton's HR director ends 26-year stint at broker
Swinton's HR director Donna Winrow has ended her 26-year stint at the broker "to explore other opportunities", Insurance Age can reveal.
Direct Line Group chief Geddes paid £1.9m in 2012
Paul Geddes, chief executive of Direct Line Group, received £1.861m total remuneration in 2012.
Direct Line Group reports dip in GWP while COR improves
Direct Line Group (DLG) has reported a drop in gross written premium (GWP)for 2012, at £3.99bn down from £4.13bn in 2011.
Keep calm and carry on
Within the space of 10 minutes yesterday more than 350 jobs were effectively chopped.
90 jobs hang in balance at NIG
Around 90 roles are at risk at NIG’s regional offices as Direct Line Group moves forward with the third stage of its cost-cutting plans.
Direct Line rues "subdued" investment returns
Direct Line Group has rued "subdued" investment returns as its profits fell for the first nine months of the year.
NIG sales director out in management reshuffle
Direct Line Group has confirmed that Dave Parry is standing down as sales and distribution director at NIG.