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Wednesday, May 8, 2024

Direct Line appoints group chief govt officer


Adam Winslow will grow to be group chief govt officer of Direct Line in Q1 2024 succeeding Jon Greenwood, performing CEO since January 2023.

Winslow has led Aviva’s UK and Eire common insurance coverage enterprise since Could 2021. He was accountable for growing a transparent technique for each private and business traces, in addition to delivering market share growth and improved profitability.

Previous to that, he was CEO of World Life at AIG Life and Retirement.

Danuta Grey, chair of Direct Line Group, stated: “The Board is delighted to announce that Adam Winslow is to be our new CEO. Adam has deep experience within the UK common insurance coverage market and important management expertise, spanning twenty years throughout private and business traces insurance coverage. The Board carried out an intensive search and Adam Winslow stood out for his strategic understanding of the sector, excellent observe document of main excessive performing companies and his give attention to driving operational excellence to constantly meet buyer wants.

“The Board and I look ahead to working with Adam in offering high-quality insurance coverage to our clients by our platform of highly effective manufacturers and concentrating on enticing and sustainable returns for shareholders. I want to thank Jon Greenwood for stepping up as Performing CEO the place he has proven dedication, management and focus to enhance enterprise efficiency and for his management of the profitable business operate earlier than that.”

Winslow added: “Direct Line Group is likely one of the UK’s main insurers with a number of the most recognisable manufacturers within the retail and business market. It’s a privilege to be invited to steer DLG into the long run, notably given its wealthy heritage and keenness for serving its hundreds of thousands of shoppers.

“The UK insurance coverage trade is dynamic and at all times evolving. Delivering nice customer support depends on robust strategic imaginative and prescient and the operational functionality to execute rapidly throughout a wide range of distribution channels. I’m wanting ahead to working with my new colleagues to drive development, ship for patrons and create long-term shareholder worth.”

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