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    DLG   GB00BY9D0Y18

DIRECT LINE INSURANCE GROUP PLC

(DLG)
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Direct Line Insurance : Group Board change

10/22/2021 | 07:24am EST

The Board of Direct Line Insurance Group plc ('DLG') announces that Tracy Corrigan will be appointed as an independent Non-Executive Director with effect from 1 November 2021.

Tracy's professional background in the media industry spans financial journalism, digital media and corporate strategy. She worked for News Corp for nine years, first as Editor in Chief, Europe, then as Digital Editor of The Wall Street Journal. Most recently, as Chief Strategy Officer of Dow Jones, she was responsible for global strategy, customer insight and analytics, M&A and commercial policy, overseeing the digital transformation of the business during a period of significant growth in digital and recurring revenues. In previous roles, Tracy was a columnist for The Daily Telegraph and held various positions for The Financial Times, including Editor of the Lex Column and Editor of FT.com. She graduated in Modern Languages from St Catherine's College, Oxford.

Danuta Gray, Chair, said: "I am delighted to be welcoming Tracy Corrigan to DLG's Board. Tracy will contribute to the DLG Board her broad understanding of capital markets and the digital economy. Her first-hand experience of driving digital transformation, cultural change and customer-focused innovation will help the Board to support our executive team in delivering DLG's ambitious strategy."

Tracy Corrigan commented: "I am excited to be joining DLG, which has invested heavily in systems and capabilities designed to operate its diverse brands and channels resiliently in fast-changing markets, and am looking forward to supporting the talented management team in continuing to deliver innovative customer solutions."

ENDS

For more information please contact:

Roger Clifton

Company Secretary

Tel: +44 (0)7710 179 939

Paul Smith

Director of Investor Relations

Tel: +44 (0)7795 811 263

Will Sherlock

Group Corporate Affairs and Sustainability Director

Tel: +44 (0)7786 836 562

Direct Line Insurance Group plc

Direct Line Group (DLG) is one of the UK's leading insurance companies. The Group's vision is to create a world where insurance is personal, inclusive and a force for good. Through its well-known brands which include Direct Line, Churchill, Privilege, Darwin, NIG, Direct Line for Business and Green Flag, DLG helps people to carry on with their lives, giving them peace of mind now and in the future. Its brands offer a wide range of general insurance products across motor, home, commercial, travel, pet and rescue, both direct to customers and through price comparison websites and it underwrites insurance products distributed by its third party partners. The Group believes that by embracing sustainable practices it creates a better corporate culture able to provide more reliable products and bring long-term rewards for its customers, people and shareholders.

Disclaimer

Direct Line Insurance Group plc published this content on 22 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 October 2021 11:23:02 UTC.


ę Publicnow 2021
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Financials
Sales 2021 3 018 M 4 004 M 4 004 M
Net income 2021 342 M 454 M 454 M
Net Debt 2021 - - -
P/E ratio 2021 10,8x
Yield 2021 9,09%
Capitalization 3 566 M 4 722 M 4 731 M
Capi. / Sales 2021 1,18x
Capi. / Sales 2022 1,14x
Nbr of Employees 10 807
Free-Float 97,4%
Chart DIRECT LINE INSURANCE GROUP PLC
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Direct Line Insurance Group plc Technical Analysis Chart | DLG | GB00BY9D0Y18 | MarketScreener
Technical analysis trends DIRECT LINE INSURANCE GROUP PLC
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Last Close Price 2,71 GBX
Average target price 352,47 GBX
Spread / Average Target 12 926%
EPS Revisions
Managers and Directors
Penelope Jane James Chief Executive Officer & Executive Director
Neil David Manser Chief Financial Officer & Executive Director
Danuta Gray Chairman
Steven Maddock Chief Operating Officer
Sebastian Richard Edward James Independent Non-Executive Director
Sector and Competitors