Hastings Direct

Hastings Direct

About Hastings Direct

Simplify's Rating
Why Hastings Direct is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Fintech

Financial Services

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Bexhill-on-Sea, United Kingdom

Founded

1997

Overview

Company Does Not Provide H1B Sponsorship

📈
Significant Headcount Growth
Simplify Jobs

Simplify's Take

What believers are saying

  • YouDrive program offers personalized premiums, appealing to safe drivers.
  • Partnership with ARAG expands service offerings with comprehensive coverage options.
  • Mark Cliff's appointment brings experienced leadership for strategic growth.

What critics are saying

  • High turnover in leadership may lead to instability and misalignment.
  • Departure of key personnel could result in loss of expertise.
  • Reliance on external partnerships may expose operational risks.

What makes Hastings Direct unique

  • Hastings Direct partners with Cambridge Mobile Telematics for usage-based insurance models.
  • Expanded relationship with Carpe Data enhances risk assessment and underwriting processes.
  • Migration to cloud and digital infrastructure investment boosts customer experience.

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Funding

Total Funding

$350M

Above

Industry Average

Funded Over

1 Rounds

Buyout funding comparison data is currently unavailable. We're working to provide this information soon!
Buyout Funding Comparison
Coming Soon

Benefits

Hybrid Work Options

Flexible Work Hours

Performance Bonus

401(k) Company Match

Paid Vacation

Health Insurance

Dental Insurance

Health Savings Account/Flexible Spending Account

Growth & Insights and Company News

Headcount

6 month growth

↑ 7%

1 year growth

↑ 7%

2 year growth

↑ 7%
II Reporter
Sep 24th, 2024
Hastings Direct Expands Relationship with Carpe Data

Hastings Direct expands relationship with Carpe Data.

Insurance Age
Jan 3rd, 2024
Staysure names Finn Walsh group CEO

Walsh, pictured, was previously chief customer and technology officer and joined the travel insurance specialist in October 2022 from Hastings Direct.

YouTalk Insurance
Oct 19th, 2023
ARAG to provide hire car cover for Hastings Direct customers

Leading legal expenses insurance and assistance provider ARAG has been selected by Hastings Direct to supply Vehicle Hire Insurance to motor clients of the Bexhill-on-Sea based insurance provider.

Tessabit
Sep 18th, 2022
Hastings Direct launches core platform upgrade to additional enable digital buyer journeys

Hastings Direct accomplished a migration to the cloud, further invested in information enrichment and management information all through the group and launched a core platform upgrade to additional enable digital buyer journeys.

Insurance Age
Jan 20th, 2022
Hastings Direct hires Mark Cliff as independent non-executive director

Hastings Insurance has appointed Mark Cliff as an independent non-executive director, subject to regulatory approval.

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