Introducing Direct Insurance Corporate Risks

After months of hard work, we are delighted to officially announce the launch of our website. You can now find us at www.dicr.co.uk.

Our goal with this new website is to provide our visitors with an easier way to learn about what we do at Direct Insurance Corporate Risks, what solutions we offer and how we can help to save you money on your insurance premiums.

You might have also noticed that we’ve changed our name, don’t worry we’re still part of Direct Insurance Group. The business has seen significant growth, including the continued success of our Lloyd’s business, Direct Insurance London Market, therefore the name change is to help bring more clarity with regard to our relationship with you – our corporate client.

The new website includes all the useful information you’d hope to find, information on what we do, where we’re based and how to get in touch. Amongst the new features, the site contains integrated social media buttons for Facebook, Twitter and LinkedIn to foster improved communication with our clients. We will be constantly updating our content with helpful information, articles, blogs, newsletters, company announcements and client successes.

We hope you find the new website fresh and modern; we worked hard to make sure it contains valuable information to help you with all your insurance needs.

For any questions, suggestions, feedback or comments, please E-mail us at info@direct-ins.co.uk or speak to your Account Executive.

Thanks,
Direct Insurance Corporate Risks

Direct Insurance Group Plc targets growth in the facultative property reinsurance sector

Direct Insurance Group plc (DIG), has appointed James Potter to spearhead its new Underwriting vehicle, Rokstone Underwriting.

Rokstone Underwriting is a specialist MGA, serving the needs of international (re)insurance brokers, in speciality lines of business. This development will enable Rokstone to offer many classes of business but in particular Property Reinsurance, for a wide range of occupancies from single locations through to multinational programmes, consistent with its overall strategic growth ambitions.

Rokstone’s specialist Property team will operate from its London Headquarters and are able to write general property and onshore energy business on a primary, quota-share and excess of loss basis.

Potter, joins Rokstone with more than 20 years of industry experience, most recently as Head of DIG’s Lloyds cover holder business. Potter is also joined by former Lloyds Underwriter, Paul Hallinan, previously, Class Underwriter at Talbot Syndicate.

David Bearman, CEO of Direct Insurance Group, said: “This is an extremely exciting venture. We have built a team of specialist underwriters, with the highest levels of underwriting authority who are able to make decisions quickly.”

Direct Insurance Group Plc appoints new HR manager

Direct Insurance Group Plc (DIG), one of the UK’s leading commercial insurance brokers, has appointed its new human resources manager.

Kerry Johnson brings to the company over 10 years of HR management experience. She joins from Earnest Doe & Sons in Essex where she was human resources manager, responsible for implementing a number of HR initiatives whilst also managing day-to-day recruitment, organisational development, and training strategies.

DIG appoints Johnson after significant growth, which saw the company enjoy a 33% increase in staff in the last twelve months.

This growth has been driven across all areas of the business by an increase in schemes development, namely the Direct Insurance London Market, BIBA endorsed Environmental Contractors scheme, also as part of its Latin American growth drive and its dedicated boost to the sports and leisure sector via its MGA, Imperium Insurance Management.

David Bearman, CEO of Direct Insurance Group plc, welcomed Johnson’s appointment.

“We’ve had a very successful year and remain committed to maintaining and developing our recruitment and training initiatives to keep pace with our growth now and in the future. Kerry’s appointment reinforces that commitment.”

Understanding GDPR Consent

The General Data Protection Regulation (GDPR), or the Data Protection Bill, will come into force on 25 May 2018. Despite there being less than a year for UK organisations to become compliant, the Information Commissioner’s Office (ICO) has yet to finalise its consent guidance, which it plans to release in December. As the specifics surrounding consent requirements under the GDPR are still subject to change, it can be a challenge to know what proactive measures your organisation can take now.

Nevertheless, it’s expected that the central components of what is currently known about GDPR compliance will remain relatively unchanged when the official guidance is published by the ICO. For that reason, your organisation should review how it obtains customer consent to ensure that it meets the following GDPR requirements:

  • Consent requests must be separate from other terms and conditions, and should not be a precondition of signing up for a service.
  • Active opt-in. You cannot use pre-ticked opt-in boxes, as they are invalid.
  • Provide options to individuals to consent to different types of processing.
  • Provide the name of your organisation and any third parties that will be relying on consent.
  • Keep records that demonstrate what the individual has consented to, what they were told, and when and how they consented.
  • Easy to withdraw. Inform individuals that they have the right to withdraw their consent at any time and explain how to do that.
  • No imbalance in the relationship. Consent will not be freely given if there is an imbalance in the relationship between the individual and your organisation.

Regardless of the specifics of the ICO’s final consent guidance, your organisation should begin making changes to your consent practices now. For more information on protecting your organisation and ensuring continued compliance, contact Direct Insurance Corporate Risks today.