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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.
In 2017, she left Prudential to join the Direct Line Group (DLG) as chief financial officer. At the time, she was the only woman on the executive committee of DLG. [4] In May 2019, James succeeded Paul Geddes as CEO of DLG. [5] In January 2023, she stepped down and was succeeded by the chief commercial officer Jonathan Greenwood as acting chief ...
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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.
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.
In 2001 the entirety of the company's marketing budget was spent with online bid-for-position companies, including the newly created Google Adwords.. By 2003 the company changed its website address to directline-holidays.co.uk and was already advertising with every major PPC (pay per click) network including adwords and Overture (now Yahoo!
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 ...