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Direct Line
Direct Line is the UKs leading direct personal
insurer for motor, home, travel, life and pet insurance. Following the acquisition of
Green Flag in November 1999, Direct Line Rescue also became the countrys third
largest breakdown recovery provider. As part of Direct Line, Green Flag Group aims to
become the UKs leading business to business provider of personal general insurance,
motoring assistance and other motoring related products.
Direct Line is the UKs largest direct private motor
insurer and the sixth largest home insurer with over 3 million and 1 million customers
respectively. Building on its success with the famous red telephone, directline dot com
was launched in September 1999, offering the fastest quote and buy internet service for
its general insurance products. It has since established itself as the countrys
leading online insurer with 30% of the online general insurance market. Direct Lines
new motoring site, www.jamjar.com
launched in July 2000, sources UK cars at up to 30% off list prices and sold 1000 cars in
the first two months of 2001..
Internationally, following the success of Linea Directa,
which is now Spains largest direct motor insurer with over 300,000 customers, Direct
Line Launched a new joint venture in Japan in March 2001 with the Japanese life insurer
Yasuda Mutual Life Insurance. The new venture will sell motor insurance in the
worlds single largest motor market. In June 2001, Direct Line acquired the Italian
and German motor insurance operation of US insurance company Allstate, further expanding
the red phone brand in Europe.
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