Direct Line Group
180 Years of Post - The history of direct insurance in the UK: How Direct Line and Churchill took on the establishment and ended up as merger partners
As Post celebrates 180 years, Post content director Jonathan Swift explores the birth of direct insurance in the UK and how two key early movers Direct Line and Churchill went from rivals to merger bedfellows in a deal that literally 'shook up insurance'.
Somerset Bridge adds Beazley and ex-DLG leaders as NEDs
Arron Banks’ Somerset Bridge Insurance Services has appointed Christine Oldridge and Damian Arnold as non-executive directors.
Roundtable: A customer-centric approach to the digital future
On the back of research into the shape of the future delivery of personal lines, Post held a roundtable, in association with EXL, with experts to investigate how ready organisations are to meet customer expectations as demand for cover evolves in the…
Analysis: Discount rate disparity - will the Scottish market become unfavourable?
With the Ogden discount rate in Scotland set to remain at minus 0.75%, could insurers in the country start to feel squeezed, and begin to be squeezed out?
Flood damage payouts from Yorkshire and the Midlands set to top £100m
Insurance payouts to people affected by recent floods in Yorkshire and the Midlands are expected to reach £110m, the Association of British Insurers has estimated.
Scrap target times and frivolous bureaucracy to help vulnerable customers, suggests DLG claims head
Insurers need to ditch standard practices like target times in contact centres and avoid unnecessary bureaucracy if they are to meet the needs of vulnerable customers, according to Direct Line Group managing director of claims Jessie Burrows.
Direct Line aims to cut £50m in costs
Direct Line Group will look to save over £50m in costs before 2022, it said in a trading update.
Direct Line predicts £10m hit from November floods
Direct Line Group will see £10m in claims from flooding in the North of England, its early estimates suggested.
Interview: Trak Global CEO and co-founder Nick Corrie
A decade into its journey, Trak Global is finally ready to break the US on the back of an acquisition and £40m plus private equity raise. CEO and co-founder Nick Corrie tells Jonathan Swift about why he prefers to get on and do things quietly than spout …
Roundtable: Cyber - the next big opportunity in personal lines
Cyber has been long-touted as offering insurers and brokers a huge opportunity in commercial lines – from SMEs to corporates. But as individual consumers become ever more aware of their vulnerability to data breaches and cyber attacks, an equally large…
Analyst names insurers likely to face most disruption from pricing practices review
Disruption caused by any regulatory interventions on insurers’ pricing practices is more likely to affect insurers such as Direct Line Group, RSA and Saga than price comparison site-based underwriters such as Admiral and Hastings, Peel Hunt has predicted.
2019 Insurance Fraud Awards: Full list of winners
Zurich was the big winner at the 2019 Post Insurance Fraud Awards picking up three awards, and a highly commended including top prize in the Investigation of the Year category.
Top 100 UK Insurers 2019
The 100 largest UK-regulated insurers, ranked by non-life gross premium written, reported a combined underwriting profit in 2018, compared to a loss in 2017. Catherine Thomas, senior director of analytics in London at AM Best, explains how they achieved…
Tim Harris to join Direct Line as CFO
Direct Line Group has appointed Tim Harris as chief financial officer.
Zego and DLG challenger bank partner inks distribution deal with further insurtech
Mobile-based Starling Bank has added a further broker and cyber risk service to its marketplace.
From Bolton to Palace; Gretna to Argyle - when insurance personalities invest time and money in football
As former Sabre CEO Keith Morris backs the Bolton Wanderers FC buyout, Post content director Jonathan Swift looks at other insurance individuals who have been closely involved in football over the last two decades.
Top 30 European Insurers 2019: Insurers see 4.4% growth
Gross written premium reported by the 30 largest European insurers in 2018 was 4.4% higher than the aggregated figure for the previous year but those writing significant business outside of the eurozone have seen foreign exchange rate movements having an…
Roundtable: Opening up new insurance opportunities using IoT
The Internet of Things continues to offer insurers considerable opportunities in terms of maximising existing data to better understand customers and enter new markets previously considered unprofitable. With this in mind, Post, in association with…
Blog: The digital claims manager – a flash in the pan, or sign of progress
As Allianz appoints a digital claims propositions manager, Post content director Jonathan Swift mulls whether this is part of a sustainable trend - or a short lived attempt by insurers to give the impression they are doing something to transform their…
Direct Line profit slips 10% in H1
Direct Line saw profit slide 10.2% for H1 compared to the first half of 2018.
LV's Clare Lunn appointed to head industry's counter-fraud organisation
Exclusive: Clare Lunn, director of fraud at LV, has been selected as a chair of the the General Insurance Fraud Committee.
This week: Gaukward moment for insurers following Ogden change
It was around Spring when office chat turned to the trend of insurers bolstering full year accounts through claims reserve releases.
Analysis: Industry faces financial blow from discount rate revision
Insurers that have been pricing and reserving using a discount rate of between 0 to 1% may face a short term financial hit, analysts have warned.