Ageas
Where now for Groupama et al?
So we’ve got three insurers up for sale, namely RBSI, Brit and now Groupama. Consolidation in the insurer space has been predicted for some time now but I don’t think people expected it to happen like this – more deals done behind closed doors than…
Post Intelligence Benchmarking - Commercial insurers: Winners and losers
The annual Insurance 360 Business Insurers Insight Report service rankings show some steady, some on ladders - and some on snakes.
Ageas finds new boss for Rias and Castle Cover
Ageas Retail has found an MD for its Rias and Castle Cover businesses following the resignation of Janet Connor earlier this year.
Bluefin's network adds to home panel
Bluefin’s network proposition, Broker Partnership Services (BBPS), has appointed Ageas to its panel of preferred home insurance providers.
Gary Lineker supports telematics insurance launch
Gary Lineker has given his backing to Ingenie, a motor insurance start-up offering young drivers cheaper premiums.
Brit UK retail sale progresses
Brit Insurance is close to finalising the first round of the bidding process for its UK retail arm.
Smith praises transformation at Ageas
Barry Smith, chief executive of Ageas UK, has declared that the insurer's recent results were evidence of a step change and transformation at the insurer.
Profits and growth at Ageas
Ageas Insurance has revealed a 16.8% rise in gross written premiums to £822.5m and an improved combined operating ratio of 99.8% for the first nine months of 2011, compared to 104.9% in the same period last year.
Video: the inaugural UK Broker Conference
Brokers from across the country convened in London's May Fair hotel for the inaugural UK Broker Conference last week.
Ten sentenced in crash for cash scam
Ten people have been sentenced after a three year investigation, led by Ageas, into a crash for cash conspiracy.
Ageas seals Vauxhall deal
Ageas has announced that it is to provide fully branded motor insurance products to Vauxhall’s UK customers over the next five years.
Groupama defends “immediate” notification Toba changes
Groupama has defended the changes to its terms of business agreements (Toba), issued to brokers on 20 September, which require brokers to inform the insurer immediately about fault claims.
Markerstudy Toba “totally unacceptable”
The British Insurance Brokers’ Association (Biba) has slammed the one hour reporting requirement of an accident claim in Markerstudy’s new terms of business agreement (Toba) as totally unacceptable.
FOS names and shames PPI providers
The Financial Ombudsman Service (FOS) has named the providers of payment protection insurance (PPI) cases as it announced that complaints more than doubled to 98,632 in the first six months of 2011 compared to the second half of 2010.
Insurance Age blog: Some economics of commercial market hardening
Now, as you may have guessed from my previous ramblings I’m no economist. And even I realise that reading too much into two sets of data this month could be dangerous but they really have got me thinking about the old chestnut that is commercial market…
Significant scale change pleases Ageas chief
Barry Smith, chief executive of Ageas UK, has claimed the insurer is on track to break the 100% combined operating ratio (COR) barrier but warned again that he saw no real signs of commercial market hardening.
Ageas increases profit four fold in first half of the year
Ageas has delivered a remarkable turnaround in its profits for the first half of the year but its combined ratio remains stubbornly above 100%.
Toba changes must not be taken out of context, says Cliff
Ageas has reacted to the media coverage following broker complaints over the recent amendments the insurer has made to its terms of business agreements (Toba).
Ageas to be grilled by IIB over Toba changes
The Institute of Insurance Brokers (IIB) is to hold discussions with Ageas in response to member complaints over recent amendments the insurer has made to its terms of business agreements (Tobas).
Ageas moves to strengthen broker relationships
Ageas has appointed Roy Watkinson to the new position of head of commercial pricing and underwriting to support the growth of its commercial lines business.
Sandy Scott takes Achievement Award at 2011 British Insurance Awards
Sandy Scott, chief executive, Chartered Insurance Institute, was given the Achievement Award at the British Insurance Awards at the Royal Albert Hall in front of 1800 fellow industry professionals.
Incisive Media cleans up at the Biba Awards 2011
Journalists from Insurance Age and sister title Post Magazine topped three categories and received four highly commended awards at the British Insurance Brokers’ Association’s 2011 journalist of the year awards.
Update: Axa stands alone in its voluntary ban on referral fees
Insurers have said they are not prepared to follow Axa’s lead in the banning of referral fees for personal injury.