Direct Line Group

Direct Line Group

Mike Holliday-Williams, managing director of personal lines at Direct Line (DLG), is leaving the insurer after five years.

Direct Line Group
Direct Line Group

direct line group,direct line,direct line group (business operation),direct line insurance group plc,direct line insurance group price,direct line insurance group stock price,direct line insurance group share price,direct line insurance group fundamentals,vicky wallis chief people officer direct line group,direct line stock,direct line insurance,direct line insurance gr,direct line stock analysis,direct line share price forecast,direct line (business operation)

Mike Biggs, chairman of the insurer said: ‘Mike has made an outstanding contribution to DLG over the last five years. He embodies DLG’s values, always prioritising the interests of customers. On behalf of the DLG board, I would like to thank him for everything that he has achieved over that time and particularly for his exemplary conduct during and after the process to select a new chief executive”.

Direct Line Group
Direct Line Group

Penny James was named chief executive in February from the role of finance director, after joining from Prudential in 2017.

The shares have slipped 0.5% to 323.50, as shown above.

Keep in mind that any modifications aren’t covered under your policy unless you have it in writing. Adding cover for these extras will likely raise your premium as well.

How much does Progressive Direct car insurance cost?

Insurance premiums can take a real toll on your budget’s bottom line if you don’t take the time to compare your options and find a policy that will give you the right level of cover for a decent price.

Here are the main factors that will affect the cost of your Progressive Direct insurance:

Premium

The premium is basically the price tag applied to an insurance policy. It’s based on how likely the insurance provider thinks it is that you will make a claim – the more likely it is, the higher your premium will generally be.

When Progressive Direct determines your premium, it might be based on factors including:

  • What kind of car is it?
  • Who drives the car?
  • Where is it kept when not in use?

Discounts

Luckily, there are a range of discounts on offer from Progressive Direct to help keep your insurance costs low. These include your no claims discount – which is decided on a state-by-state basis – as well as a multi-car discount for if you take out more than one car insurance policy.

Other discounts that might apply to you include:

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button