Direct Line Group News – Page 4
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DLG to exit or stop investing in range of personal lines sectors
’The strategy and targets set out today signal our ambition and intention to grow our business and deliver strong returns,’ says chief executive
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DLG to launch signature brand on price comparison websites
Chief executive hopes the move will ’shake up the motor insurance market’
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The insurance stories you may have missed during the Euros
Insurance Times rounds up the biggest stories you may have missed since the Euros began and started commanding the continent’s attention
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DLG appoints Aviva c-suite member as new group chief risk officer
The appointee joins DLG’s chief executive and chief financial officer in having made the switch from Aviva to DLG
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DLG-owned motor ownership app shutting down after nine months
’Thanks to everyone for joining us on this journey, but we’re putting the brakes on the Caha app,’ says firm
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DLG continues hiring spree with two senior appointments
’These appointments positively augment the other recent external hires we have announced,’ says chief executive
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Biba 2024: RSA sees ‘real demand’ from brokers to discuss NIG deal
’Brokers want to understand, and here again, what the ambition is’, says director
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Backchat: May 2024
Journalists moonlighting as soap stars, map history from a major insurer, a director of private clients braving Arctic temperatures and a very clever campaign. What has the insurance industry been up to of late? You heard it here first…
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DLG optimistic about strategy as GWP jumps in Q1 2024
’We have seen a positive start to 2024 trading,’ says chief executive
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DLG announces major leadership changes
’The new appointments I’m announcing today will be central to delivering our strategy to transform the group,’ says chief executive
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Completion of RSA’s NIG acquisition ‘accelerates’ insurer’s plans
’There’s been a huge amount of pace [and] activity on the integration,’ says commercial lines managing director
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Aviva’s Poole to reunite with Winslow at DLG as CFO
’The board conducted an extensive search to secure such a high calibre appointee and I am confident that Jane Poole will be a great asset to our organisation,’ says chair
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Ageas abandons DLG pursuit after two proposals rejected
’I am convinced that, given the circumstances, we took the right decision not to make an offer,’ says chief executive
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Winslow outlines DLG’s cost cutting plan and addresses questions about jobs
’We are not immune to any of the wider technology and digitisation forces that every industry is needing to address and face into,’ says chief executive
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New DLG boss Winslow makes first comments on Ageas proposal
Ageas has sent two acquisition proposals to DLG, which were both rejected
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DLG making significant cost cuts after recording operating loss of nearly £200m
’We need to do more to drive performance,’ says chief executive
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DLG bid evidence of ‘a fairly optimistic outlook’ for UK motor
The bids “suggest that someone who knows quite a lot about UK motor thinks it’s an area worth investing in”, says chief executive
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DLG confirms it has turned down second acquisition proposal from Ageas
’The board is confident in DLG’s standalone prospects,’ says insurer
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Backchat: March 2024
Discretionary motor commissions, an arty insurer, insuring love and a new climate protest group targeting the industry. What has the insurance sector been up to this month? You heard it here first…
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DLG announces Winslow priorities as ex-Aviva UKGI boss officially joins insurer
’Adam’s going to be meeting as many colleagues as possible to listen to their views,’ says insurer