Direct Line adds directors for IPO

■ Insurance firm Direct Line Group yesterday hired two new executives as it prepares for its impending float on the London Stock Exchange. Glyn Jones, chairman of New York-listed insurer Aspen Insurance Holdings, has been appointed as the firm’s senior independent director. Meanwhile Mark Catton, who sits on the management committee of RBS Group, has joined as a non-executive director. Direct Line chairman Mike Biggs said: “Both Glyn and Mark have extensive leadership skills and financial markets experience which will bring valuable insights to the group and further complements the capability of our board.”