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Direct Line is an insurance company based in Bromley, England. Founded in 1985, as the country's first direct car insurance company, it has since expanded to offer a range of general insurance products. Its policies are underwritten by the regulated subsidiary UK Insurance Limited, and it is owned by the Direct Line Group.
Shares of Direct Line Insurance surged by over 36% in early trading on 28 November 2024 after the company rejected a £3.28 billion ($4.16 billion) takeover offer from rival Aviva, stating the offer "substantially undervalued" the company. Despite the surge, Direct Line's stock remained below the proposed offer price of 250 pence per share.
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Sir Peter John Wood CBE (born 6 November 1946, in Surrey) is an English entrepreneur, most notable as the founder of the Direct Line and esure insurance companies. [1] Wood was appointed Commander of the Order of the British Empire (CBE) in the 1996 New Year Honours for services to the insurance industry, and knighted in the 2016 Birthday Honours for services to UK industry and philanthropy.
Brolly, the U.K. digital insurance app, has been acquired by incumbent Direct Line Group.The terms of the acquisition aren't being disclosed, while the transaction is expected to formally close ...
For many years, calls dialled between nearby exchanges often required 'local codes' to select the most direct call route, rather than dialling the STD codes. Demand for telephone lines has grown and exchanges have been modernised, so many subscriber numbers have been lengthened and highly localised STD codes have been rationalised into wider ...
Churchill Insurance is a British insurance company based in Bromley, London.Founded in 1989, as one of the country's first direct to customer car insurance companies, the company has expanded to offer a range of general insurance products.
He was the chief executive (CEO) of Direct Line Insurance Group, a FTSE 250 company, until May 2019. [1] [2] [3] He was succeeded as CEO of Direct Line by Penny James. [4] Geddes was a non-executive director of Channel Four Television Corporation. [5] Geddes joined Evelyn Partners in July 2023 and was appointed as Chief Executive Officer on 6 ...