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Churchill Insurance is a British insurance company based in Bromley, London.Founded in 1989, as one of the country's first direct to customer car insurance companies, the company has expanded to offer a range of general insurance products.
Shares of Direct Line Insurance surged by over 36% in early trading on 28 November 2024 after the company rejected a £3.28 billion ($4.16 billion) takeover offer from rival Aviva, stating the offer "substantially undervalued" the company. Despite the surge, Direct Line's stock remained below the proposed offer price of 250 pence per share.
Together with Peter Wood, he founded Direct Line in 1985, the first telephone-only insurance company in the UK. [2] Four years later, Long broke away to form Churchill, a company he would manage himself until its purchase by the Royal Bank of Scotland in 2003, [3] a deal that is said to have earned Long £50 million. [2]
Churchill employs about 200 people while Arcmont has another 100. Drexel served as a launch pad Kencel, who spoke to Fortune from his offices in Midtown Manhattan, has faced his share of setbacks.
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.
Catholic Church Insurance Association; CGU plc; Chaucer Group; Churchill Insurance; Co-op Insurance; The Co-operative Banking Group; Combined Insurance; Commercial Union; Cornish Mutual; Countrywide Legal Indemnities; County Fire Office
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