Direct Line Group
Brown’s RSA tenure is hailed as he prepares for Gallagher role
Replacing UK and Western Europe CEO seen as major task
Woolgrove admits interest in replacing RSA’s Brown
Outgoing Direct Line Group personal lines boss Tom Woolgrove has admitted interest in replacing Adrian Brown as UK and Western Europe chief executive at RSA.
ABI close to naming Flood Re CEO as search for CFO begins
The Association of British Insurers expects to unveil a full time chief executive of Flood Re in June and has begun its search for a chief financial officer.
Disability charity says home insurance websites discriminate against disabled
Badly designed websites could be leaving major UK home insurers exposed to potential discrimination lawsuits by excluding more than 11 million disabled consumers from purchasing cover online.
DLG’s Brown joins KPMG as partner
Direct Line Group’s David Brown has been appointed a non-life actuarial partner in KPMG’s insurance practice.
Regional Review: Leeds
The fact that Leeds is a city on the up has not been lost on the regional insurance market, which counts a multitude of major insurers and a thriving community of brokers within its ranks.
C-Suite - Insurer: Why flood investment is needed
Flooding in the UK has highlighted the importance of a swift response to customers in need.
UK roles at risk as NIG launches offshoring consultation
NIG has entered into consultation with staff over proposals to offshore non-broker facing processes to India, Post can reveal.
Woolgrove signals intention to stay in insurance
Outgoing Direct Line Group personal lines managing director Tom Woolgrove has told Post he plans to stay in the insurance industry after his tenure as interim Flood Re chief executive.
Berenberg restates hold rating on DLG despite motor warning
Berenberg Bank has restated its hold rating on Direct Line Group and raised its target price on the listed insurer from 230p to 254p despite seeing “only modest absolute valuation upside”.
Rehabilitation-only personal injury whiplash debate fails to gain traction
Insurers highlight claims time frames as area of major concern
DLG's Geddes nets £2.4m total remuneration
Direct Line Group chief executive Paul Geddes saw a 27% increase in the value of his pay package in 2013.
Soft rates stall motor insurance IPOs after Esure falters
SNL Financial says ‘no bottom in sight’ for motor pricing.
‘No bottom in sight’ on motor rates
Motor insurance rates are set to continue to tumble despite forecasts that the market may soon turn, according to a report from SNL Financial.
Career file - Mike Holliday-Williams RSA’s Holliday-Williams to replace Woolgrove at DLG
Direct Line Group has recruited RSA Scandinavia chief executive Mike Holliday-Williams to replace outgoing UK personal lines managing director Tom Woolgrove.
Household: On steady ground?
How is the household insurance market coping with the cost of claims from extreme weather events and the aggregator‑induced focus on pricing?
Catton resigns as DLG director
Mark Catton has resigned as a none-executive director of Direct Line Group with effect from today.
Allianz approved for ABS with Serious Law
Allianz has been granted an Alternative Business Structure licence, and will launch a partnership with catastrophic personal injury specialists Serious Law.
2013 results: insurers’ CORs boosted by benign weather but RSA takes £244m hit
Insurers’ full‑year results were bolstered by largely benign weather conditions last year as many firms sacrificed market share in motor and home segments to retain profitability.
Insurers and brokers urge Competition Commission to ban all MFN clauses
Fears a ban could harm price comparison websites misplaced.
Editor's comment: A humane culling
Personal lines insurers and brokers have had enough. They have taken it lying down for too long and now they are making a stand and fighting back.
Woolgrove not applying for permanent Flood Re CEO post
Flood Re interim chief executive Tom Woolgrove will not be applying for the permanent post currently being recruited for, the Association of British Insurers has announced.
RSA's Holliday-Williams to replace Woolgrove at DLG
UK personal lines managing director Tom Woolgrove is to leave Direct Line Group, and will be replaced by RSA Scandinavia chief executive Mike Holliday-Williams.
DLG boss Geddes admits 2014 COR expectation is weather dependent
Direct Line Group chief executive Paul Geddes has conceded hopes of achieving a combined operating ratio of between 95% and 97% for 2014 will hinge on the weather improving for the remainder of the year.