Peter Wood net worth is estimated at around $900 Million according to his career it shows that he founded his first insurance company direct line in 1985
Introduction
Peter Wood is a businessman and also entrepreneur he is among the richest people in the UK insurance industry he has made a huge fortune from the business that he does
There is no doubt that he has made a fortune in the business and he has made a huge fortune according to the internet he founded two insurance companies which are worth millions today
Also according to some blogs on the internet they stated that he is among the richest people in the UK he has been into the industry for the past decades
He is best known for founding direct line and also Esure insurance company and we all know how the business brings a lot of money
The industry in the UK is booming and people are paying any amount for property protection he is among the people that are moving the industry forward
According to many business blogs on the internet it was stated that he is among the 200 richest people in the UK and been the richest person in the business
Been the founder of two company in the Uk there are many people that ask for his net worth on the web and that’s why we decided to make an evaluations of his income and how much money he has made
Well when it comes to money he has made a fortune in the insurance business despite the company that he founded he also owned a lot of business in the UK
Right now our team is going to tell his wealth by evaluating all of his income from the business and also other business that he owned
So let’s get to how much money he has made
| Net worth | $900 Million |
| Source | Direct Line |
Peter Wood Biography and Career
Before we head to his net worth we need to tell a little information about him and how he started his business
Peter Wood was born and raised in England, United kingdom the insurance businessman was born in November 1946 right now he is over 77 years
According to the internet he is among the notable people in the UK he is also a big investor and he has invested in a lot of business in the United Kingdom
According to his career it shows that he founded his first company direct line in 1985 which became the first telephone only insurance company in the UK
During the early 2000 he founded another company called Esure alongside Halifax bank the two companies becomes the source of his wealth today
Today according to the internet he is among the richest people in the industry he is worth millions of dollars
The main reason why we have this content written down is to determine his fortune by evaluating all of the money he has made in the industry and also other business that he owned
Peter Wood income from Insurance industry and others
Direct Line Insurance is a prominent insurance provider renowned for its straightforward approach. Founded in 1985, it has grown to become one of the UK’s leading insurers, offering a wide range of products, including car, home, and travel insurance.
Direct Line prides itself on its commitment to simplicity, enabling customers to purchase coverage directly without intermediaries. Their customer-centric approach emphasizes ease of use, quick claims processing, and 24/7 customer support.
With a strong online presence and a reputation for reliability, Direct Line continues to be a trusted choice for individuals and families seeking comprehensive and accessible insurance solutions.
Peter Wood is probably the only entrepreneur that gets to built two company in the early 20th century which today built him a lot of fortune
Insurance business is financially lucrative and Peter Wood isn’t a CEO he is the founder of two companies despite the insurance business he also owned a lot of business and he has invested in a lot
According to the report that our team has gathered below are the list of firm that Peter Wood owned
- Direct Line
- Esure
- GoCo Group
- SPWone
Also according to the report gathered also founded two company in the united state but the two companies where no more in 2004
For us to know his net worth we need to know how much money all of his company is worth on the global markets. Well according to the investigations made his two companies is worth over $600 Million while others are worth $300 Million
Peter Wood Net worth
Peter Wood net worth is estimated at around $900 Million according to his career it shows that he founded his first insurance direct line in 1985 which became the first telephone only insurance company in the Uk