Direct Line Group News – Page 4
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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
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DLG slams Ageas proposal as ‘uncertain’ and ‘unattractive’
DLG confirms it was approached in January with an ’opportunistic’ proposal to acquire the firm
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Consumer Intelligence confirms 2024’s winning insurers in home and motor markets
’We pride ourselves on recognising the companies that truly excel,’ says head of marketing
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DLG announces Winslow’s start date as chief executive
’It’s a privilege to be invited to lead DLG into the future,’ says new top boss
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Insurance Times Review of the Year – Q1 2023
Insurance Times looks at highlights from Q1 2023 in its review of the year
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DLG-owned Darwin hits customer milestone by ‘doing motor differently’
’What we are doing in insurance is a long-term play, which means slow and steady,’ says founder
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Acturis inks partnership with DLG on Motability Scheme
’This is one of the biggest single projects undertaken by Acturis,’ says boss
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Direct Line Group reveals plans after launching motor ownership app Caha
’This is the beginning of a material shift as we seek to meet more of our customers’ needs more of the time,’ says director of partnerships and ecosystems
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Direct Line Group posts COR of 106.4% for H1 2023
The insurer made an operating loss of £94.4m across the most recent period
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RSA agrees ‘transformative’ deal to acquire DLG’s commercial lines operations
The deal ’really turbo boosts our existing strategy for our broker proposition and our customer proposition in commercial,’ says chief executive
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Direct Line Group agrees to business review after overcharging customers in FCA first
’DLG will carry out a review to identify all instances where a customer has been overcharged,’ says FCA
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Tenants issued insurance warning as ‘concerning number’ secretly sublet
’Subletting is not covered under most landlord insurance policies,’ warns landlord product manager
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Direct Line Group responds after FCA orders claims review
The FCA recently instructed Direct Line Group to review motor total loss claims over a five year period
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