Direct Line Group
Ageas strikes deal for Esure
Ageas has agreed a deal with Bain Capital to acquire Esure for £1.3bn.
Aviva aims to double regional PL broker GWP
Jonathan Santer, managing director of broker and affinity at Aviva, has said he wants to double the firm’s regional gross written premium in personal lines over the next 18 months.
Big Interview: Paul Lofkin, Crawford
Paul Lofkin, president of Crawford for UK & Ireland, is going to sort out the nation’s subsidence and promises to “disrupt that market like never before”.
Ageas CEO reveals plan to become top three personal lines player
Ant Middle, CEO of Ageas UK, has revealed how he intends to turn the provider into a top three personal lines player and shared whether he will buy another rival to achieve that goal.
Allianz and Ageas to fight it out over Esure
Reports suggest Allianz and Ageas have appointed advisers in an attempt to win the Esure business.
RSA’s Norgrove reveals ‘acquisition is on the radar’
Ken Norgrove, CEO of RSA UK and Ireland, has shared that while he mainly aims to grow the business in the UK and Ireland organically, he is also always on the hunt for consolidation opportunities.
Five future female insurance CEOs
As International Women’s Day approaches, Insurance Post spotlights five women in the insurance industry that are likely to be at the helm of our nation’s biggest insurers in the years to come.
Why we need women’s networks now more than ever
Editor’s View: The insurance industry needs women’s networks now more than ever, Emma Ann Hughes argues, especially given the popularity of the likes of online influencer Andrew Tate and US President Donald Trump.
M&A trends in the UK insurance sector
After 2024 ended with the mega merger of Aviva and Direct Line being lined up, Insurance Post’s latest podcast examines whether more takeovers are on the cards for the UK industry in 2025.
Direct Line dissolves internal incubator as part of cost saving
Direct Line Group has dissolved its ecosystems team, the part of the business that specialises in delivering new products for the group, Insurance Post has learned.
Direct Line expected to return to profit ahead of Aviva vote
Investment bank Peel Hunt has predicted Direct Line Group will return to profit for the full year 2024, weeks before it is due to release its results and vote on the deal with Aviva.
Did Markerstudy just set a record for shortest GI CEO stint?
Content Director’s View: Jonathan Swift reflects on the shortest stints in general insurance hot seats this century and mulls whether the CEO of Markerstudy Distribution Ian Donaldson has just beaten the previous record holder, Brendan McCafferty.
Aviva’s DLG deal pushes insurance past FTSE All-Share
The UK insurance sector managed to outperform the FTSE All-Share Index on a total return basis in 2024, thanks to “major outperformers” Just Group, Beazley and Direct Line Group.
Is there such a thing as a ‘happy ship’ in insurance?
News Editor’s View: With wholesale changes, widespread redundancies, and apparently tonnes more M&A to come, is there such a thing as a happy ship in insurance?
EY steps away from Direct Line following Aviva deal
Insurance Post understands EY has stepped down as service provider for Direct Line Group as a result of the deal with Aviva.
DLG launches scheme to raise vehicle repair standards
Direct Line Group has launched a Vehicle Damage Assessor accreditation programme, recognised by the Institute of the Motor Industry.
Direct Line adds to top team after accepting Aviva bid
Direct Line Group has confirmed three appointments to its executive committee, shortly after reaching an agreement for Aviva to buy the business for £3.7bn.
Why Aviva and Direct Line mega merger is nothing to fear
Editor’s View: Working her way through centuries of issues of Insurance Post just as Direct Line’s shareholders accepted Aviva’s £3.7bn bid for the business proved a timely reminder for Emma Ann Hughes of the pros and cons of mega mergers.
Aviva outlines job cut plans as part of Direct Line takeover
Aviva has laid out plans to cut between 5%-7% of the combined company’s workforce over a three year period following completion of its £3.7bn merger with Direct Line Group.
Man jailed for £100K ‘crash for cash’ plot against LV
A man has been jailed, and two men have been sentenced, for an unsuccessful ‘crash for cash’ plot, which could have cost LV General Insurance £102,827.
Aviva and Direct Line agree terms on £3.7bn sale
The boards of Aviva and Direct Line have reached an agreement on the terms of a cash and share offer for Direct Line, equalling £3.7bn.