Ageas chief excited by Groupama deal

Barry Smith

Barry Smith, chief executive of Ageas UK, has spoken of his excitement about the insurer's future prospects in the wake of the Groupama deal.

Speaking after the announcement of Ageas' results for the first nine months of 2012, which saw the provider report a one-third increase in profits, Mr Smith confirmed that the Groupama deal was "bang on target" to complete in the next couple of weeks.

"[We are] encouraged by what we think will be a genuine expansion of products to all our brokers," he told Insurance Age. "We are quite excited by the prospect of completing the Groupama acquisition, what it means for us and, more importantly, for

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