Direct Line Group
DLG to sell closed UK life book to Chesnara
Direct Line Insurance Group has agreed to sell its closed UK life insurance book to Chesnara and will collect a £23m dividend from the business.
Direct Line and Churchill: A reflection on a decade old merger
This month marks the tenth anniversary of the takeover of Churchill by Direct Line, then owned by Royal Bank of Scotland.
Aviva tops lists of most valuable insurance brands
Aviva, RSA and Axa have topped a list of the UK’s top 50 most valuable insurance brands compiled by brand valuation agency Brand Finance.
Top 20 UK insurers
A focus to the top 20 UK insurers
Brand analysis: Market Forces
Despite economic constraints, regulation, boardroom reshuffles and reputational issues – the outlook for insurance brands remains positive.
RBS announces plans to sell more Direct Line shares
The Royal Bank of Scotland has announced its intention to sell more of its shareholding in Direct Line Group.
Women drivers more likely to recommend their motor insurer
Women drivers are more likely to recommend their motor insurer than men, a survey of more than 12 000 pre-renewal consumers has found.
DLG confirms involvement in FCA complaints handling review
Direct Line Group has confirmed it is one of the three firms from the general insurance sector to be involved in the Financial Conduct Authority’s thematic review on complaints handling.
Biba urges FCA to leave brokers out of complaints review and focus on insurers
DLG, Aviva and Allianz are top three GI firms in terms of number of complaints
Insurers braced for Isle of Sheppey crash claims
Insurers are expecting a steady influx of claims following the Isle of Sheppey crash last week, which involved more than 130 vehicles.
90 jobs go at Direct Line Glasgow as first part of cost-cutting exercise
Direct Line is to axe 90 roles in Glasgow as part of cost-cutting measures announced last June.
Vet jailed for £200k fraud
A veterinary surgeon who tried to claim almost £200 000 from three insurers for non-existent pets has been jailed for two years.
In Front wins Aviva solus subsidence claims deal
Claims management firm In Front has won 100% of Aviva’s subsidence business, Post understands.
Motor sector cites rates and reforms as COR soars
Motor insurers have bemoaned the impact of rock-bottom rates on their first-half figures, prompting some industry leaders to rule out further rate reductions in the second half of the year.
Editor's comment: Bad gambles see millions dropped
While the average 2.2 million viewers of The Million Pound Drop often urge contestants to take a gamble, they are well aware of one vital rule that it seems some insurers have forgotten: if you are not 100% sure of the answer, the only way to proceed is…
View from the Top: Whiplash reform needs green light
With the current dysfunctional system playing into fraudsters’ hands, the government must take action.
Total Objects recruits business support pair
Software provider Total Objects has added two business support managers to its team to help bolster its business acquisition and maintenance processes.
DLG wants commercial book COR to break even in 2014
Direct Line Group is aiming to improve its commercial book combined ratio to 100% in 2014, chief executive Paul Geddes told Post today.
Direct Line posts 94.6% COR in H1 after lower weather claims and expenses
Direct Line Group achieved a combined operating ratio of 94.6% for the first six months of 2013, an improvement of 6.5 percentage points on the same period in 2012.
Direct Line cost drive 'crucial' as premiums drop
The latest AA index shows competition is intensifying and makes Direct Line's cost efficient drive 'crucial' according to Westhouse analyst Joanna Parsons.
Market Moves: Bluefin continues restructuring, while Questgates gets on the case with key hires
Appointments were spread across the market this week. At AIG, Jason Beelders was promoted to a newly-created role in London, while Bluefin once again hogged the headlines in the broking sector following news of an expanded role for head of solutions Mike…
Post Blog: Memorable insurance adverts
Despite being derided as the unfashionable, dowdy member of the financial services family, the insurance industry has had its moments in the spotlight, most notably in the field of TV advertising. Post Online takes a look at five of the most memorable…
DLG’s Tom Woolgrove new CII president
Direct Line Group’s Tom Woolgrove is to take over from Amanda Blanc as president of the Chartered Insurance Institute, following an election at the organisation’s annual general meeting.
The Insurance Fraud Awards shortlist 2013
Growing once again in popularity, the fifth annual Insurance Fraud Awards received a record number of entries and we are delighted to announce the shortlist.