Direct Line Group
CII urges insurers to sign internship pledge
The Chartered Insurance Institute has launched its first good practice guide for internships in the general insurance and financial services professions.
Insurers and brokers sign up to CII internship good practice guide
The Chartered Insurance Institute has launched its first good practice guide for internships in the general insurance and financial services professions.
Market moves: Aviva shuffles its underwriting pack
Aviva was the major recruiter in the insurance industry this week, announcing a raft of changes to its underwriting team. The insurer promoted four staff to new positions while adding a further employee to the unit.
NIG snatches Saif Insure underwriting contract from Axa
NIG has won the tender to underwrite the insurance for the Saif Insure scheme of London-based broker Lark.
Direct Line vows to improve amid soaring industry complaints
Direct Line Group has promised to build on the momentum it created in cutting customer complaints by 16% in the second half of 2011, despite FSA figures showing a 49% rise in the number of general insurance grievances.
RBS names Biggs as Direct Line Group chairman
The Royal Bank of Scotland has confirmed the appointment of Mike Biggs as chairman of Direct Line Group's board of directors.
European sovereign debt hits insurer profits
2011 was the worst year on record for natural catastrophes, yet it was cracks in the Dow Jones, faults in the FTSE and tremors on the Hange Seng that bothered many insurers more.
Updated whiplash book proposal finds support despite reservations
Law firm Lyons Davidson is launching a campaign to republish an updated version of the whiplash book, in a bid to tackle the claims epidemic.
Claims Awards 2012 shortlist announced
Insurers RSA and Sterling lead the way in nominations for the 2012 Claims Awards with three each.
Reports name ex-Aviva director Biggs as possible Direct Line chairman
Former Aviva director Mike Biggs has been offered the coveted role of Direct Line Group chairman by bosses at RBS, according to reports this morning.
Brokers fear possible negative impact of Scottish independence on industry
As the Scottish National Party's campaign for independence in the 2014 referendum gets underway, the insurance industry has expressed concern about how it might be regulated in an independent Scotland.
Ethics: Entering the moral maze
The insurance industry has a poor public perception, many believing that firms put short-term profit above long-term customer satisfaction.
Direct Line Group reviews loss adjuster panels
Direct Line Group has asked loss adjusters on its current panels to submit new prices for work ahead of the existing contracts expiring in July.
Academic paper suggests England learn from Scotland about flood risk prevention
An academic made a splash this week by publishing a paper calling for planners, developers and architects to be held "legally liable when they get it wrong and people are flooded" as a way of preventing further flood plain development.
Market Moves: Brokers back with a bang
After two slow weeks, the broking sector has seen an upswing in activity, with a number of large players making high-profile appointments.
Direct Line impedes Helphire access to Autofocus evidence
Direct Line has attempted to stop credit hire firm Helphire from accessing Autofocus evidence.
Groupama and Brit hit snags as they try to shortlist potential buyers
Industry big-hitters linked to Direct Line Group chairman role
Direct Line Group hires chief risk officer
Jose Vazquez will join Direct Line Group as chief risk officer, reporting to Paul Geddes, chief executive officer.
Direct Line tops complaints league table
Direct Line Group's UK Insurance had the most general insurance complaints to the Financial Ombudsman Service, according to figures out today.
Moody's gives UKI an A2 rating
Rating agency Moody's has assigned a first-time A2 insurance financial strength rating to UK Insurance, the main (UK) operating subsidiary of Direct Line Insurance Group, which underwrites around 90% of DLG's business.
S&P warns on RBS sale of UK Insurance
Standard & Poor's Ratings Services has assigned its 'A' long-term counterparty credit ratings and insurer financial strength ratings to Direct Line Group subsidiary UK Insurance, saying the outlook is stable but warning that the sell-off could change…
RBSI reports £749m turnaround in profit in 2011, as it sheds 1.3m policies
Royal Bank of Scotland has reported an operating profit of £454m in 2011, compared with a loss of £295m in 2010. Its new underwriting profit was up from £307m to £1.04bn.
Interview: Opportunity knocks for Capita's Brent Escott
Having set up, run and sold insurance businesses, Brent Escott is now embarking on a new challenge at the outsourcing giant.
Direct Line Italy selects provider for improved claims management system
Direct Line Italy is launching a claims management system to support the company's continuous growth and maintain customer satisfaction.