ISIN Code | ES0105546008 | Sector | Financial Services | |
Ticker | LDA | Subsector | Insurance | |
Speaker | Carlos Rodriguez Ugarte (CFO) | |||
Private Meetings | Beatriz Izard (Head of IR) Mark Brewer (IR) |
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Profile | Línea Directa Aseguradora S.A. is a leading direct insurance company in Spain. Founded in 1994, it operates in the Motor, Home and Health insurance business. Throughout its history, the Company has shaken up the Spanish insurance sector with a direct business model, which, by dispensing of agents and office networks, enabled it to offer far more competitive prices than those offered, on average, in the market. Nowadays Linea Directa relies on an efficient and risk adjusted business model, based on underwriting excellence, direct channels and streamlined operations backed by advance technology. In December 2019, the Board of Directors of Bankinter, the sole shareholder, announced its intention to turn Línea Directa Aseguradora into a listed company. The Company completed the process in 2021 and its first day of trading was April 29th. |
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Web | https://www.lineadirecta.com/ |