Direct Line Insurance Group Overview
- Year Founded
-
1985
- Status
-
Public
- Employees
-
10,131
- Stock Symbol
-
DLG
- Investments
-
11
- Share Price
-
$2.98
- (As of Friday Closing)
Direct Line Insurance Group General Information
Description
Direct Line is one of the more focused insurers that we cover. The business sells personal lines insurance in four divisions: personal lines motor, personal lines home, rescue and other personal lines, and commercial. Rescue and other personal lines include rescue, travel and pet insurance. Commercial insurance is sold to small businesses and Direct Line agreed to the sale of its commercial broking business. Direct Line only sells insurance in the United Kingdom. Its personal motor insurance division typically accounts for around 60% of 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 10%.
Contact Information
Website
www.directlinegroup.co.ukCorporate Office
- Churchill Court
- Westmoreland Road
- Bromley BR1 1DP
- England, United Kingdom
Corporate Office
- Churchill Court
- Westmoreland Road
- Bromley BR1 1DP
- England, United Kingdom
Direct Line Insurance Group Stock Performance
As of 29-Nov-2024, Direct Line Insurance Group’s stock price is $2.98. Its current market cap is $3.88B with 1.3B shares.
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $2.98 | $2.84 | $1.89 - $223.18 | $3.88B | 1.3B | 3.5M | $0.29 |
Direct Line Insurance Group Financials Summary
As of 30-Jun-2024, Direct Line Insurance Group has a trailing 12-month revenue of $4.99B.
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 1,607,160 | 1,590,888 | 3,083,145 | 4,725,262 |
| Revenue | 4,990,494 | 4,795,520 | 3,611,501 | 4,441,832 |
| EBITDA | 541,139 | 528,540 | (207,055) | 786,579 |
| Net Income | 401,889 | 277,073 | (285,809) | 472,635 |
| Total Assets | 10,948,978 | 10,722,684 | 8,984,158 | 11,313,602 |
| Total Debt | 606,091 | 569,816 | 490,615 | 886,711 |
Direct Line Insurance Group Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Direct Line Insurance Group Comparisons
Industry
Financing
Details
Direct Line Insurance Group Competitors (5)
One of Direct Line Insurance Group’s 5 competitors is Zurich Insurance Group, a Corporation company based in Zurich, Switzerland.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Zurich Insurance Group | Corporation | Zurich, Switzerland | ||||
| Chubb | Formerly PE-Backed | Zurich, Switzerland | ||||
| Allstate | Corporation | Northbrook, IL | ||||
| Markerstudy Group | Private Equity-Backed | Sevenoaks, United Kingdom | ||||
| Aviva (Multi-line Insurance) | Corporation | London, United Kingdom |
News about Direct Line Insurance Group
Dive into recent articles by PitchBook offering invaluable insights and context.
Direct Line Insurance Group Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Direct Line Insurance Group Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Direct Line Insurance Group Investments & Acquisitions (11)
Direct Line Insurance Group’s most recent deal was a Merger/Acquisition with By Miles. The deal was made on 24-Apr-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| By Miles | 24-Apr-2023 | Merger/Acquisition | Automotive Insurance | ||
| Brolly [Financial Software] | 15-Sep-2020 | Merger/Acquisition | Financial Software | ||
| Five | 03-Mar-2020 | Early Stage VC | Software Development Applications | ||
| Canopy (Sevenoaks) | 29-Sep-2017 | Seed Round | Financial Software | ||
| PawSquad | 05-Jun-2017 | Corporate | Other Services (B2C Non-Financial) |
Direct Line Insurance Group Subsidiaries (7)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| By Miles | Automotive Insurance | London, United Kingdom | 2015 |
| FarmWeb | Commercial/Professional Insurance | Gloucester, United Kingdom | |
| Uk Assistance Accident Repair Centres | Automotive | Bromley, United Kingdom | |
| Churchill Insurance Company | Insurance Company | Bromley, United Kingdom | |
| DL Insurance Services | Other Insurance | Bromley, United Kingdom |
Direct Line Insurance Group ESG
Risk Overview
Risk Rating
Updated September, 04, 2024
22.22 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,035
Rank
Percentile
Insurance
Industry
of 298
Rank
Percentile
Property and Casualty Insurance
Subindustry
of 86
Rank
Percentile
Direct Line Insurance Group Exits (6)
Direct Line Insurance Group’s most recent exit was on 03-Mar-2020 from Five. The exit was categorized as with 8 buyers.
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Five | 03-Mar-2020 | Completed |
|
||
| PawSquad | 05-Jun-2017 | Completed |
|
||
| The Floow | 06-Mar-2017 | Completed |
|
||
| The Floow | 08-Jul-2014 | Completed |
|
||
| FarmWeb | 05-Dec-2013 | Merger/Acquisition | Completed |
Direct Line Insurance Group FAQs
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When was Direct Line Insurance Group founded?
Direct Line Insurance Group was founded in 1985.
-
Where is Direct Line Insurance Group headquartered?
Direct Line Insurance Group is headquartered in Bromley, United Kingdom.
-
What is the size of Direct Line Insurance Group?
Direct Line Insurance Group has 10,131 total employees.
-
What industry is Direct Line Insurance Group in?
Direct Line Insurance Group’s primary industry is Multi-line Insurance.
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Is Direct Line Insurance Group a private or public company?
Direct Line Insurance Group is a Public company.
-
What is Direct Line Insurance Group’s stock symbol?
The ticker symbol for Direct Line Insurance Group is DLG.
-
What is the current stock price of Direct Line Insurance Group?
As of 29-Nov-2024 the stock price of Direct Line Insurance Group is $2.98.
-
What is the current market cap of Direct Line Insurance Group?
The current market capitalization of Direct Line Insurance Group is $3.88B.
-
What is Direct Line Insurance Group’s current revenue?
The trailing twelve month revenue for Direct Line Insurance Group is $4.99B.
-
Who are Direct Line Insurance Group’s competitors?
Zurich Insurance Group, Chubb, Allstate, Markerstudy Group, and Aviva (Multi-line Insurance) are competitors of Direct Line Insurance Group.
-
What is Direct Line Insurance Group’s annual earnings per share (EPS)?
Direct Line Insurance Group’s EPS for 12 months was $0.29.
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