2 Followers LSE:DLG - Direct Line Insurance Group PLC Direct Line Insurance Group pl
Sector: Financials, Industry: Multi-line Insurance
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GBX 195.7    +3 (+1.56%)
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27 Mar 2024


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General

CEO: Ms. Penelope Jane James ACA

Headquarters: GB

Employees: 9,387

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Description

While Direct Line is one of the more focused personal lines insurers that we cover in Europe, it is still quite diversified. The business sells insurance under four divisions and those are personal lines motor, personal lines home, rescue and other personal lines, and commercial. Rescue and other personal lines include rescue, travel and pet insurance, and commercial insurance is sold to small and medium sized enterprises. Direct Line only sells insurance in United Kingdom. Direct Lines personal motor insurance division typically accounts for around 50% of total group gross written premium and the personal home insurance unit typically sells around 20%. Rescue and other personal lines account for around 10% and commercial insurance accounts for around 20%.

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