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directlinegroup .co .uk. Direct Line Insurance Group plc is a British insurance company based in the United Kingdom, formed in 2012 by the divestment of The Royal Bank of Scotland Group 's (RBS) insurance division, through an initial public offering. The company owns a number of insurance subsidiaries, providing various insurance products ...
Direct Line. 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 .
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Penny James (born 1969) is a British businesswoman who was the chief executive of Direct Line Group from May 2019 to January 2023. Career. James worked at Omega Insurance and Zürich before joining Prudential Plc, where her roles have included chief risk officer. She also served as a non-executive director of Admiral Group between 2015 and 2017.
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Direct Line is being sold at between 1.0 and 1.3 times its net tangible assets, compared to the 1.7 time RSA trades at. Punishment The company is being sold cheaply because RBS is a forced seller ...