Direct Line Group has began consultations with workers as a part of a proposed discount of about 550 roles, it introduced in the present day.
The cuts are a part of a collection of initiatives geared toward “simplifying the organisation” and are projected to ship £50m gross prices financial savings in 2025, with a acknowledged goal of no less than £100m gross value financial savings by the tip of 2025.
We consider the steps we’re taking will place the corporate for enhanced profitability and progress as we construct on our robust foundations to change into the shoppers’ insurer of alternative.
These strikes observe the appointment of former Aviva UK & Eire GI CEO Adam Winslow, pictured
Solely customers who’ve a paid subscription or are a part of a company subscription are in a position to print or copy content material.
To entry these choices, together with all different subscription advantages, please contact info@insuranceage.co.uk.
Copyright Infopro Digital Restricted. All rights reserved.
You might share this content material utilizing our article instruments. As outlined in our phrases and situations, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised Consumer might solely make one copy of the supplies for their very own private use. You have to additionally adjust to the restrictions in clause 2.5.
If you need to buy extra rights please e mail info@insuranceage.co.uk
Rising Edge adds to employment practices liability insurance
Managing normal agent Rising Edge has launched a coverage endorsement for its Employment Practices Legal responsibility Insurance coverage, in transfer it stated was in response to new UK employment legal guidelines.
Covéa promises brokers faster access with CDL home insurance tie-up
Covéa Insurance coverage has promised brokers sooner entry to merchandise and efficient pricing because it launched its dwelling insurance coverage enterprise on CDL’s Insurer Hosted Pricing hub, Insurance coverage Age can reveal.
i-Wonder delivers on fast food
i-Surprise, supplier of area of interest insurance coverage comparability web site options, has confirmed the adoption of its providing for the UK quick meals supply sector by “one in all” the UK’s most important aggregators, Insurance coverage Age can reveal.
Aqueous secures capacity with pair as Allianz pulls back
Aqueous Underwriting has confirmed Allianz pulling again capability on SME package deal, because it revealed a three-year cope with A+ rated insurers Allied World and Sompo.
MGA goes live targeting “significant gap” in the market
Managing normal agent Carrow Insurance coverage, led by Ronan Conboy, has launched concentrating on guarantee, accident & well being and revenue & fee safety merchandise by means of a community of dealer and distribution companions.
RSA claims PI first with product aimed at climate professionals
RSA has in the present day launched knowledgeable indemnity product geared toward local weather professionals.
RSA specialty lines MD Watson departs, with PL boss Cope stepping up
Steve Watson, managing director of UK specialty strains at RSA has left the insurer.
Allianz recruits from Hiscox for new mid-market boss
Allianz Industrial has appointed Rob Carslake as its new head of London area for mid-market.
Most learn articles loading…
Again to High
You want to sign up to make use of this function. When you don’t have an Insurance coverage Age account, please register now.
You’re presently on company entry.
To make use of this function you will have a person account. In case you have one already please sign up.
Alternatively you may request an indvidual account right here:
