Direct Line Group
NIG's McCormick heads Barbon management restructure
Barbon has completed a restructure of its leadership, Post can reveal, with NIG's commercial manager Derek McCormick incoming as underwriting director.
'Out of control' fraudster jailed for 22 months
A woman has been jailed for 22 months after making thousands of pounds from bogus claims including that she had lost a pregnancy, suffered from terminal cancer and was a victim of violent crime.
Telematics providers push for young driver curfew plans to be scrapped
Green paper on young driver safety postponed indefinitely ahead of debate.
My Licence: Seal of approval
While the My Licence driver data-sharing initiative may have some obstacles to overcome, the industry consensus is that it should benefit all parties involved in motor insurance.
Direct Line deploys emergency response vehicle to Gloucester
Direct Line has mobilised its ‘Charlie’ emergency response vehicle to assist flood stricken customers in Gloucester.
Webinar: Hanks, Woolgrove, Moore and Jenkins discuss Aldermanbury Declaration progress
Three years on from the launch of the Aldermanbury Declaration, Post recently held a webinar to look at how the industry is going to move on and raise the professionalism bar within the UK insurance industry.
Last chance to take advantage of early bird for the 2014 Motor Claims conference
Today is the last day to take advantage of the early bird offer for Post's hugely popular annual Motor Claims conference.
C-Suite: The spotlight keeps shining
The industry must keep doing the right thing for consumers under the glare of government, says Paul Geddes, chief executive, Direct line Group.
DLG issues advice to customers in face of weather warnings
Direct Line Group has issued advice to its customers following warnings of high winds and flood risks issued for various regions in the UK.
Penny Black's Insurance Week - 5 December 2013
Penny has discovered Brightside finance director Paul Chase-Gardener’s hidden talent – the ability to predict the very near future.
DLG closing the gap on Admiral as dividend yield hits 7%
Direct Line Group has paid dividends of 16p per share in 2013 and has achieved a dividend yield of 7% for the year to date.
DLG completes sale of life book to Chesnara
Direct Line Insurance Group has completed the sale of Direct Line Life Insurance Company to Chesnara.
Chesnara eyes further acquisitions as it posts EEV of £354m
Insurer focused investment firm Chesnara posted an increase in European Embedded Value to £354m for the first nine months of 2013.
High net worth: Staying on top
With an increasing number of direct players entering the high net worth arena, how can brokers stand out from the crowd and retain their traditional position as leaders of the market?
Scepticism remains over ‘underwriting discipline’ in Q3
Full-year results expected to take a hit from St Jude storm.
Editor's comment: Pass me a fork
It appears you can teach an old dog new tricks. Not so long ago I used this space to berate insurers for their lack of action in commercial underwriting, with firms talking the talk but not walking the walk.
My best XV Selected by Russell Berry, Towergate
Russell Berry, graduate trainee at Towergate Underwriting, selects his best XV and wins two tickets to see England v Argentina on 9 November in the QBE Rugby Internationals.
DLG hits back at earnings criticism
Direct Line Group's chief financial officer John Reizenstein has hit back at criticisms around the sustainability of the insurer's earnings.
DLG in ‘advanced talks’ to sell part of its telematics business
Direct Line is said to be in advanced talks to sell its Tracker telematics business to a private equity house, according to the Financial Times.
Direct Line posts improved COR of 95.4%
Direct Line has achieved a combined operating ratio of 95.4% for the first nine months of 2013, a 4.3% improvement from the 99.7% posted for the same period in 2012.
RSA performs offshoring U-turn as customers demand UK call centres
Closure of insurer’s customer-centric Indian call centres to create 350 UK jobs.
ABI backs young driver curfews despite resistance from members
Telematics provider labels plans a ‘draconian, backwards step.
Legal Market: Joining forces
Mergers and acquisitions in legal markets show no sign of abating. But what is behind the desire to consolidate law firms, and what does it mean for the insurance industry?
Post Intelligence – company profile: Direct Line Insurance Group plc
Compared to an operating loss of £375m in FY10, Direct Line returned an operating profit in 1H13 of £287m, up 28% year-on-year.