Direct Line Group
RBSI “regret” findings of FSA investigation
In a statement issued in response to the news that the Financial Services Authority has fined the company £2.17m, RBS Insurance said that it was “disappointed” that it did not meet FSA standards.
Direct Line and Churchill hit with £2.17m FSA fine
The Financial Services Authority has imposed a £2.17m fine for failure by RBS owned Direct Line and Churchill to conduct their businesses with “due skill, care and diligence”.
Minister backs telematics in fight for lower premiums
It is hoped that a combination of telematics technology and changes instigated by the Driving Standards Agency to make the theory test harder to pass will lead to lower premiums for new drivers.
Penny Black’s insurance week
Penny couldn’t help but feel sorry for Eddie Edwards, construction underwriter at Chubb Managing Agent, who has been on the personal end of a metal theft claim.
Editor's comment: Battle of the brands
From scrap yards to scrap heaps. Last week, the industry was getting agitated about the soaring problem of metal theft, while this week it’s more a sad tale of two well-known insurance names finding themselves destined only for the brand graveyard.
Roundtable - Analytics: the true value of quality data
As investment in analytics increases, Post gathered a group of experts to debate the rise in the use of data in all areas of the insurance industry.
RBSI appoints former British Gas rebranding guru
Rick Vlemmiks is set to join RBS Insurance as chief marketing officer, UK & International.
RBSI completes transfer of underwriting functions
RBS Insurance has completed the transfer of three of its general insurance underwriting functions into a single company in preparation for Solvency II.
View from the top: 2012 — the start of the future?
Plans for the year ahead need to address the fundamentals of the industry, says Stephen Lewis.
ASA bans 'misleading' Direct Line ad
The Advertising Standards Authority has castigated Direct Line over a landlords’ insurance ad, featuring TV presenter Sarah Beeny, that claimed the insurer would beat any quote when it actually had a minimum price.
Direct Line launches January sale on home insurance
Direct Line has kick-started the New Year with a January sale on home insurance geared towards householders looking to cut costs following a Christmas spending spree.
Direct Line in Germany implements new business continuity infrastructure
German insurer, Direct Line Versicherung AG, has implemented Datacore's business continuity and disaster recovery architecture.
Insurance certificates removed from road tax application process
Motorists will no longer be obligated to produce a certificate of insurance in order to purchase road tax amid new government plans geared towards clamping down on forged documents.
Hastings targets young drivers with telematics policy
Hastings Direct is set to launch a telematics-based motor policy for young drivers.
Targeting young drivers pushes more insurers to switch to telematics
Co-operative Insurance is “on track” to have 10 000 customers signed up to its young driver telematics product, as Direct Line announces it too is targeting a pilot at this demographic.
Stonepoint to reduce interests in Cunningham Lindsey and Lockton – Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including how, according to market speculation, Cunningham Lindsey and Lockton International are both looking at options that may see private equity giant Stonepoint Capital…
Direct Line claim response to riots was “exemplary”
Direct Line has reacted to Labour MP for Tottenham, David Lammy’s, criticism of the insurance industries response to the August riots.
Direct Line launches telematics pilot
Direct Line has teamed up with sister telematics firm Tracker to pilot the use of telematics within retail motor insurance.
Geddes says RBSI won't "crack open the champagne" just yet
Bosses at RBS Insurance have attributed a dramatic third quarter operating profit turnaround of £615m over the past 12 months to a combination of factors, including an exit from broking personal lines and general business re-pricing.
RBSI sees slight dip in profit Q2 to Q3, but happy with performance YTD
Royal Bank of Scotland Insurance this morning reported an underwriting profit of £761m in 2011 to date - an increase of £591m versus September YTD 2010.
Marketing: The power of advertising
Effective marketing can be a tough challenge for financial services providers and having a strong presence is not enough, it must also resonate with customers.
Direct Line leads calls for ban on dangerous motorists
Bosses at Direct Line are calling for “out-of-control” drivers to be banned from the road following a study showing that 43% of UK drivers with 12 points or more have not been disqualified.
Chaucer enhances motor team
Chaucer Insurance has appointed Paul Baxter as head of direct to enhance the division’s commitment to building a leading UK motor business.
Direct Line boss backs tough stance on dangerous drivers
Direct Line’s director of motor underwriting has praised a tough new government stance on dangerous drivers which could see offenders who “devastate lives” jailed for up to five years.