15-563: (Redirected from UKI ) Uki or UKI may refer to: Acronyms and abbreviations [ edit ] UKI Partnerships , now Brand Partners, a British insurance underwriters Ukiah Municipal Airport (IATA airport code), Mendocino County, California, U.S. Christian University of Indonesia ( Universitas Kristen Indonesia ), Jakarta Kui language (India) (ISO 639-3 code) Places [ edit ] Uki, New South Wales , Australia Uki, Kumamoto , Japan Uki Island , or Ugi Island, in
30-577: A 2010 Belgian animated children's programme UKI Arena , now Jessheim Stadion, a football stadium in Ullensaker, Norway HMAS Uki , a World War II Australian minesweeper UKI , a 2023 film by Shu Lea Cheang Uki Higashidani, a character in Rurouni Kenshin See also [ edit ] Uke (disambiguation) Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with
45-589: A constituent of the FTSE 250 Index . The company was originally established in 1985 by Peter Wood and Martin Long , as the insurance division of The Royal Bank of Scotland Group (RBS). It was the first telephone only insurance company in the United Kingdom. In September 2012, the group's then chief executive, Paul Geddes , announced the business was "operating as a standalone insurance company", in advance of
60-759: A future full divestment from the RBS Group. The company was the subject of an initial public offering (IPO) in October 2012. RBS sold a 30% share of the business in the IPO, and sold a further 17% in March 2013, reducing its holding in the business to 48.5%. RBS sold a further 20% in September 2013, and sold the remainder of its holding in February 2014. Direct Line sold its TRACKER Network UK telematics business to
75-438: A turnaround plan aimed at saving £50 million ($ 64 million) in 2025. The reductions would eliminate about 6% of its roughly 9,000 employees. 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
90-670: Is different from Wikidata All article disambiguation pages All disambiguation pages UKI Partnerships Brand Partners , formerly UKI Partnerships , is a partnership company and underwriters owned by the Direct Line Group . It underwrites and administers policies for several different general insurance brands including RBS , Coutts , Lloyds TSB , Ulster Bank , Isle of Man Bank , Egg . It also administers products underwritten by other underwriters and has partnerships with many well known motor manufacturers such as BMW , Vauxhall , Peugeot . In 2003, UKI
105-583: The CEO. In January 2023, Jonathan Greenwood become acting chief executive after James agreed with the board to step down after two successive profit warnings and a dividend cancellation. In February 2024 it was reported that the Belgian insurer, Ageas , was considering a bid of around €3.1bn for the company. In March 2024, Ageas announced no offer would be made. In November 2023, Direct Line Insurance Group announced that they set to cut about 550 jobs as part of
120-629: The Solomon Islands People [ edit ] Given name [ edit ] Uki Goñi (born 1953), Argentine writer, journalist and musician Uki Noah (born 1981), Indonesian guitarist Uki Ovaskainen (born 1975), Finnish pianist Uki Satake (born 1992), Japanese singer, actress, and radio host Uki Voutilainen (1922–2002), Finnish schoolteacher and politician Surname [ edit ] Tetsuro Uki (born 1971), Japanese football manager and former player Other uses [ edit ] Uki (TV series) ,
135-464: The company has been led by Jasvinder Gakhal, who has been the director since 2014. The company appointed Claire Sadler as marketing director in October 2017. Direct Line for Business used PricewaterhouseCoopers to improve their product, and in July 2018, the firm launched a new advertising campaign, with Saatchi and Saatchi London. In the summer of 2019, Direct Line for Business announced that it
150-473: The divestment of The Royal Bank of Scotland Group 's (RBS) insurance division, through an initial public offering . The company owns a number of insurance subsidiaries, providing various insurance products, including Direct Line and Churchill , Darwin as well as the roadside assistance and vehicle recovery provider Green Flag . The group is listed on the London Stock Exchange , and is
165-569: The internet. Darwin was founded in 2019 and led by Sumit Bahukhandi. The company only sells through price comparison websites, initially Moneysupermarket , and is built in the Amazon Web Services cloud . It uses a different pricing model to other companies in the group, and acts as a test bed for new ideas. Direct Line for Business was founded in Leeds in September 2007, and as of December 2020 has 811,000 customers. Since 2010,
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#1732794504341180-550: The private equity firm Lysanda in February 2014. In September 2014, it was announced that Mapfre would acquire the Italian and German businesses of Direct Line, for a sum of €550 million. The company also made a number of tough financial decisions in 2014, including abandoning some lines of business, making redundancies, and closing 14 of their 27 offices in the United Kingdom. In February 2019, Direct Line announced it would be appointing chief financial officer Penny James as
195-490: The proposed offer price of 250 pence per share. Analysts from Jefferies suggested that a higher bid could be possible if Direct Line’s board engages with Aviva. The group owns a number of general insurance brands operating within the United Kingdom, including Direct Line, Direct Line for Business, Churchill , Privilege, Darwin and Green Flag . Direct Line is a company that specialises in selling insurance and other financial services, sold directly to consumers by telephone and
210-474: The title Uki . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Uki&oldid=1235538163 " Categories : Disambiguation pages Place name disambiguation pages Disambiguation pages with given-name-holder lists Japanese-language surnames Japanese feminine given names Hidden categories: Short description
225-544: Was judged best in "customer service strategy" by Institute of Financial Services (IFS). This article on an insurance company is a stub . You can help Misplaced Pages by expanding it . This article about a company of the UK is a stub . You can help Misplaced Pages by expanding it . Direct Line Group Direct Line Insurance Group plc is a British insurance company based in the United Kingdom , formed in 2012 by
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