Direct Line Group News – Page 5
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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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Weather events batter Direct Line’s 2022 operating profit
Acting chief executive Jon Greenwood said 2022 was a ‘tough year’
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Customers’ ages can pose communication challenge for insurers and brokers
Expert panel discussed the ongoing challenges surrounding the age of customers and the use of digital touchpoints in insurance based on key findings from Sollers Consulting’s latest research
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Backchat January-February 2023
The Riddler, coffee houses and wellbeing initiatives. What has the insurance industry been up to of late? You heard it here first…
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DLG boss’ decision to leave influenced by ’hostile’ market conditions
Following a predicted profit hit last year, however, DLG’s exiting boss believes the business will bounce back
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Direct Line Group chief executive Penny James steps down
Insurer’s chair says the business ‘will continue to focus on rebuilding our capital position’ and ‘restoring balance sheet resilience’ after ‘significant headwinds’ in 2022
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Direct Line navigating further motor claims inflation
The insurer noted that claims inflation remains a feature of the market
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Direct Line predicts home and commercial lines claims of £90m
The insurer has scrapped its final dividend for 2022 but has assured shareholders of its intention to restore balance sheet resilience