Has Hastings Direct been taken over?

Asked by: Rhoda Conn  |  Last update: September 22, 2022
Score: 4.8/5 (15 votes)

Finland-based insurance group Sampo Plc has now taken full ownership of British general insurer Hastings.

Who bought Hastings Direct?

In August 2020 it was announced that the company would be acquired by a consortium of the South African business, Rand Merchant International, and the Finnish insurer, Sampo Group, for £1.7 billion. The transaction was completed on 16 November 2020.

Is Hastings insurance the same as Hastings Direct?

In most places Hastings Premier and Hastings Direct are the exact same.

Who underwrites Hastings Direct?

Around 90% of policies are directly underwritten by the Group's Gibraltar based insurer, Advantage Insurance Company Limited.

Are people's choice and Hastings Direct the same company?

Hastings Direct, a sister company of People's Choice, offers SmartMiles cover, telematics-based policy that monitors driving through a mobile app or online dashboard.

Hastings Direct claims - What if someone else is involved? | Hastings Direct

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Is Hastings Direct AXA?

Insurance broker Hastings Direct has launched a new household policy that will be underwritten by AXA, Towergate and Sterling Insurance. The policy will offer cover for contents only, buildings only and combined home insurance with a new common word policy document, irrespective of the underwriter.

Are Churchill and Direct Line the same company?

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. Since February 2012, Churchill is part of the Direct Line Group; policies are underwritten by the parent United Kingdom Insurance Limited.

What's the difference between Hastings Direct and Hastings Premier?

Is Hastings Direct the same as Hastings Premier? Hastings Premier offers breakdown and motor legal expenses cover, which is not standard with Hastings Direct. Both are Defaqto five-star and Moneyfacts five-star rated, but these ratings apply only to the comprehensive versions of these policies.

Where is Hastings Direct moving to?

Developer Paramount Land and Development has made an application to Rother District Council to convert Hastings Direct offices at Conquest House in Collington Avenue, Bexhill, into 86 apartments.

Who are Hastings Direct part of?

Hastings Direct is a trading name of Hastings Insurance Services Limited, and is part of the Hastings Group.

How do I speak to someone at Hastings Direct?

We'll need to speak to you to do this, so please call us on 0333 321 9801 so we can help. We're open: Monday-Friday 8am-7pm.

Where is Hastings Direct call Centre based?

HGCL is the ultimate UK parent company of the Group, and via its wholly owned subsidiary, Hastings Group Holdings Limited, is responsible for oversight of the Group's operations; its head office is located in Bexhill-on-Sea, East Sussex.

Is Advantage insurance part of Hastings?

Advantage insurance products are exclusively sold in the UK being distributed under the terms of a service agreement with Hastings Insurance Services Limited trading as HastingsDirect, a UK Financial Conduct Authority (FCA) regulated insurance intermediary.

Does RBS own direct line?

The business was purchased by RBS Group in 2003, bringing it into RBS' insurance division, which is today known as Direct Line Group.

Does directline own Admiral?

Spun out from Royal Bank of Scotland in 2012, Direct Line Insurance Group (LSE:DLG) doesn't have the international reach of Admiral, but it represents the leading insurance name in the UK. And this is a company that has been going from strength to strength in recent years.

Who are Sheilas Wheels owned by?

The owner of this site is esure Services Limited.

Are Hastings Direct a broker?

Hastings Direct is a United Kingdom Insurance broker based in Bexhill-on-Sea, who claim to offer 'refreshingly straightforward insurance'. They cover car, van, bike and home products and services.

Is Hastings Direct an intermediary?

Before you buy your insurance, we'll give you the information you need to make an informed decision about which policy to choose. We're an intermediary, acting on behalf of several insurers.

Who are Admiral underwritten by?

Admiral Group has extended its underwriting arrangements with Munich Re for its UK car insurance business.

Who is the biggest car insurer in the UK?

Admiral Group

The Admiral Group is the largest auto insurance company in the UK with 14% of the motor insurance market, underwriting policies through their Admiral, Bell, Diamond, elephant.co.uk and Gladiator brands.

Who is the biggest insurer in the UK?

Aviva. Aviva is the biggest of the all the insurance companies in the UK, with a 17% market share of the life insurance and savings market, as well as a 10% share of the general insurance market.